2.5 - The Economic Cycle Flashcards
(3 cards)
1
Q
what is the economic cycle
A
refers to stages of economic prosperity and decline
2
Q
which stages of the econmic cycle are inflationary
A
booms and recoveries
3
Q
A
what is the economic cycle
refers to stages of economic prosperity and decline
which stages of the econmic cycle are inflationary
booms and recoveries