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Cycle analysis

There were intensive cyclical upswings and downswings in the broad measures of economic activity output, employment, income, and sales in the business cycles. The business cycle is based on the alternating phases of expansions and contractions. The four phases of the process are expansion, peak, contraction, and trough. Characteristics such as GDP, interest rates, total work, and customer buying can aid in determining the present stage of the economic cycle. A business cycle analysis is finalized through a single boom and a single contraction in sequence, and you can see the various phases of the business cycle.

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