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Essay

Business Cycle

Essay specific features

 

Issue:

Business

 

Written by:

Teresa M

 

Date added:

October 28, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 406

 

Was viewed:

9044 times

 

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Essay content:

And while these fluctuations are the result of natural interactions between sellers and buyers, government intervention also affects these intervals. The business cycle is unavoidable because, in part, it is the economical representation of a volatile element: human psychology. In the example above, consumers are predictable...
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In the example above, consumers are predictable. But we all know consumer preferences and their senses of well-being change, sometimes overnight. The new fashion, the hot stock, the trendy social cause or diet can change instantly. Sentiment about a nation's political and economic health shifts the day following a big news story...
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