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Inflation Game Redistributions and Economic Crisis Path
Inflation Game Redistributions and Economic Crisis Path

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Eco120Int Tutorials
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... economy and how much of it was just due to a powerful cyclical effect. But I also observed that there was certainly something new in the role of information and communication technologies (ICT) on productivity, as well as a real possibility of important spillover effects linked to communications net ...
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a PDF of this article here.
a PDF of this article here.

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Section 1.02 Power Point

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Business cycle

The business cycle or economic cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions or booms), and periods of relative stagnation or decline (contractions or recessions).Used in the indefinite sense, a business cycle is a period of time containing a single boom and contraction in sequence.Business cycles are usually measured by considering the growth rate of real gross domestic product. Despite being termed cycles, these fluctuations in economic activity can prove unpredictable.A boom-and-bust cycle is one in which the expansions are rapid and the contractions are steep and severe.
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