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The diagram to the right shows the phases and turning points of a business cycle. The green points and dotted vertical l
Posted: Fri Jul 01, 2022 7:55 am
by answerhappygod
- The Diagram To The Right Shows The Phases And Turning Points Of A Business Cycle The Green Points And Dotted Vertical L 1 (135.11 KiB) Viewed 34 times
The diagram to the right shows the phases and turning points of a business cycle. The green points and dotted vertical lines indicate points and ranges that you should consider. 1.) Use the point drawing tool to identify the transition point known as a 'peak'. Label this point 'Peak'. 2.) Use the point drawing tool to identify the transition point known as a 'trough'. Label this point 'Trough'. 3.) Use the double arrow drawing tool to identify a contraction in the cycle. Label this arrow 'Recession'. Aggregate Economic Activity T The Business Cycle Time 1 Ⓡ