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Pastimes : Jacob's posts to save
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To: Jacob Snyder who wrote (98)9/13/2021 3:32:57 PM
From: Jacob Snyder   of 123
 
the economy rotates through a four-stage business cycle:

Recovery, in which the economy is rapidly rebounding from a recession.Expansion, in which the economy is growing at a moderate rate.Slowdown, in which economic growth has peaked and then slows.Recession, in which economic output is declining.

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