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Recessions in the united states occur with regular, predictable frequency; hence the term "business cycle. " true or false?.

Sagot :

It is False.

How do recessions relate to the business cycle?

A recession is a type of vicious cycle, with cascading decreases in output, employment, income, and sales that feed back into another drop in output, swiftly spreading from industry to industry and region to region. This domino effect is critical to the spread of recessionary weakness across the economy, driving the comovement of various coincident economic indicators and the recession's endurance.

A business cycle recovery, on the other hand, occurs when the recessionary vicious cycle reverses and becomes a virtuous cycle, with growing output generating job gains, rising wages, and rising sales, all of which feed back into further increases in output. The recovery can only last and result in long-term economic growth if it becomes self-sustaining, which is secured by the domino effect that spreads the revival across the economy.

To learn more about Recession from th eg iven link

https://brainly.com/question/1417711

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