Question: Define what is often called the business cycle. Why is the business cycle so hard to predict? How does the business cycle affect government? chapter

Define what is often called the business cycle. Why is the business cycle so hard to predict? How does the business cycle affect government? chapter 11 in Economics of Social Issues, 21st Edition

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When a price advance halts with high volume, it is potentially a top.

When prices are declining: a. Volumeincreasing is impressive. b. Volume decreasing is questionable.

When a price decline halts with high volume, it is potentially a bottom.