What are the phases of a business cycle? Expansion, peak, contraction, and trough make up the four stages of a cycle. GDP, interest rates, total employment, and consumer spending can all be used to ...

The four stages of an economic cycle are expansion, peak, contraction (also known as recession), and trough, followed by another expansion to mark the beginning of a new cycle. A typical economic ...

The business cycle has four phases: expansion, peak, contraction, and trough. During the expansion phase, the economy experiences rapid growth. Interest rates tend to be low, and economic ...

What is business cycle indicate its phases with suitable examples? have peak, trough, contraction, and expansion. Historically, business cycles occur in response to long-term growth trends and are ...