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    IT and the Business Cycle There is a regular business cycle, which lasts for about 9 years. The cycle is characterised by a period of growth, then strong growth and then recession. Unfortunately, the cycle isn't exact and it isn't dependable, or else you could make money out of it, by gambling on it. Sometimes it lasts 7 years, sometimes 10 or 11. In the later stages of the last business cycle some odd things were happening. Growth in the US economy was much higher than anyone expected and unemployment

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    Business Cycles

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    Business Cycles Business cycles are the "ups and downs" in economic activity, defined in terms of periods of expansion or recession. “Business cycles occur because disturbances to the economy of one sort or another push the economy above or below full employment. Inflationary booms can be generated by surges in private or public spending (Roomer, Christina D).” The phases of the business cycle are Prosperity Phase: Expansion or Boom, where an increase in production and prices occurs, and lower

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    business cycle

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    The business cycle is defined as the periodic fluctuations in economic activity which is measured by the changes in real GDP. The amount of economic activity depends on factors such as how much is invested by entrepreneurs towards their business, the quality of technology used by the entrepreneur, the policies which the government incorporate etc. Gross Domestic Product measures this economic activity. It is the total value of all of the goods and services produced by all of the businesses in a

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    Business Cycles

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    Business cycles affect all individuals within the population. Whether as part of the general public, consisting of customers and consumers, or as part of the world of business, from small local companies to large multi-national organisations. Obviously, all governments aim for economic growth within societies, in order to achieve national progression. This can include various factors such as high levels of employment, investment and general business confidence. However, things do not always

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    Business Cycle

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    economy. The company either suffers or benefits depending on what kind of economy it is. This will depend on what kind of company it is, and what kind of market the business does well in. The Business Cycle is what determines this factor. It is a term used in economics to designate changes in the economy. Timing of the business cycle is not predictable, but its phases seem to be. Many economists site four phases—prosperity, liquidation, depression, and recovery. During a period of prosperity, a rise

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    Mexico Business Cycle

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    Mexico’s Business Cycle The term business cycle or economic cycle refers to the fluctuations of economic activity around its long-term growth trend. It involves shifts over time between periods of relatively rapid growth of output-recovery and prosperity, and periods of relative stagnation or decline- contraction or recession. These fluctuations are often measured using real gdp. Despite being termed cycles, these fluctuations in economic growth and decline do not follow a purely mechanical

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    Introduction In general the economy tends to experience different trends. These trends can be grouped as the business/trade cycle and may contain a boom, recession, depression and recovery. A business/trade cycle (see figure 1) is the periodic but irregular up-and-down movements in economic activity, measured by fluctuations in real Gross Domestic Product (GDP) and other macroeconomic variables. Samuelson and Nordhaus (1998), defined it as ‘a swing in total national input, income and employment

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    Introduction The Real Business Cycle theory was first initiated by Kydland and Prescott in 1982, which concentrate on explaining the economic fluctuations driven by the “real” exogenous technology shocks. It described the general philosophy of any New Classical approach to business cycle analysis. This essay is going to explore their main successes and drawbacks by firstly providing an overview of the historical background of the model. Then it will discuss some general achievements, extensions to

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    The Depression, Recession, and Business Cycle

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    recession, an economic boom took place just after the war of 1812. According to an article in American History Magazine, most recessions that the US has seen last an average of 10 months, and reoccur on average every 4.6 years. It has become a cycle, a business cycle, one that we will most likely see several times over again during our time. These events among others that deal with financial crisis, weather it be a loss of stock or inflation of goods, have had a tremendous effect on our country, and is

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    recession is and indicate whether we think another one is on the horizon. I will explain why I think a recession may be near. I will also explain what factors in the economy will have the biggest impact on the business cycle. Finally, I will discuss whether I think the business cycle is dead. During the periods of September 2001 to November 2001 the U.S. experienced a terrible time in our country for our economy; it was a recession. Even though it was only for a short period of time and it wasn’t

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