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Ride the Business Rollercoaster!

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Created October 5, 2025

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What phase of the business cycle is characterized by rising GDP, increasing employment, and growing consumer spending? Which stage marks the temporary highest point before a downturn in the business cycle? In which phase is the economy experiencing decreased GDP, rising unemployment, and reduced consumer confidence? What is the term for the lowest point of the business cycle where economic activity is halted and can begin to recover?

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