Mexico Business Cycle

Essay specific features

 

Issue:

Business

 

Written by:

Tracy S

 

Date added:

September 9, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1239

 

Was viewed:

5870 times

 

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Essay content:

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 or predictable periodic pattern. In recent years economic theory has moved towards the study of economic fluctuation rather than a 'business cycle'...
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Some economists believe calling the business cycle a "cycle" to be a misnomer, because of its non-cyclical nature. They believe that for the most part, excluding very large supply shocks, business declines are more of a monetary phenomenon. However, the term is still widely used. Mexico's economy has achieved broad stability and enhanced resilience in recent years, and the country has enjoyed steady growth...
displayed 300 characters

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