Թեմա - The Essence of The Economic Cycle and The Basic Theories
Տեսակ - Կուրսային, անհատական և ստուգողական աշխատանքներ
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The Essence of The Economic Cycle and The Basic Theories
Conclusion
2. Friedman, Milton. "The Monetary Studies of the National Bureau, 44th Annual Report". The Optimal Quantity of Money and Other Essays. Chicago: Aldine. pp. 261–284.
3. Friedman, Milton. "The ՚Plucking Model՚ of Business Fluctuations Revisited". Economic Inquiry: 171–177.
The economic cycle is the natural fluctuation of the economy between periods of expansion (growth) and contraction (recession). Factors such as gross domestic product (GDP), interest rates, levels of employment and consumer spending can help to determine the current stage of the economic cycle. During times of expansion, investors seek to purchase companies in technology, capital goods and basic energy, and during times of contraction, investors look to purchase companies such as utilities, financials and healthcare .
Business cycles are characterized by boom in one period and collapse in the subsequent period in the economic activities of a country.