cyclicity - unavoidable process in the economic evolution

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ID: 235566
2017
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Abstract
In general, conditions of economic nature undergo changes; moderate expansions give often birth to inflation and it turn to recessions. Lately more and more economists have tried to approach a series of aspects concerned with the development of business cycle at macro-economic level, the relationship existing between business cycle at macro-economic level and business cycle specific to micro-economic one. When identifying a business cycle special attention is given to the periods in which the economic activity declines. The phases of cyclic movement are mutually conditioned and prepare in time the pr.
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Authors ;Băeşu Camelia
Journal turkish studies
Year 2017
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