Economic Cycle(经济周期).pptVIP

Economic Cycle Business cycle Economic Cycle It is to point to in the operation of the economic cyclical economic expansion and contraction, alternate cycles of a phenomenon. It is total revenue and total national output and employment fluctuations, overall economic activity is national income or alternate or cyclical fluctuations of expansion and contraction. Economic Cycle It was divided it into four prosperity, recession, depression and recovery stages, now generally called recession, trough, expansion and the top four stages. Economic Cycle Rising phase is also