Define the following characteristics of business cycles: recurrence and persistence.

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Macroeconomics

ISBN: 9780134167398

9th Edition

Authors: Andrew B. Abel, Ben Bernanke, Dean Croushore

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Question Posted: Apr 30, 2024 01:01 AM

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Define the following characteristics of business cycles: recurrence and persistence.

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In the study of business cycles two important characteristics are recurrence and persistence 1 Recur...View the full answer

Macroeconomics

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