108k views
13 votes
A period of contraction and expansion of aggregate economic activity is called as.

1 Answer

10 votes
The alternating phases of the business cycle are expansions and contractions (also called recessions).
User Lbenitesanchez
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.