Define "the business cycle

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The business cycle or economic cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.

jher000|Points 8065|

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Asked 10/29/2013 4:04:56 PM

Updated 8/22/2015 8:15:15 PM

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This answer has been confirmed as correct and helpful.

Edited by yumdrea [8/22/2015 8:15:13 PM], Confirmed by yumdrea [8/22/2015 8:15:15 PM]

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