The excitement never ceases to amaze me! The veritable blizzard of new developments on the National Political and Economic landscape can be confusing at best as all of the “experts” sift through the complexity of the issues at hand . . . and attempt to bring it all into a perspective the average American can […]
Tag Archives: expansion
Macroeconomics in plain English
The on-line Business Dictionary says: “business cycle The somewhat irregular but recurring periods of change in economic activity over time. A business cycle is generally divided into four stages: expansion, prosperity, contraction, and recession. The stage in which an economy operates has a significant impact on a firm’s profitability and prospects. This impact is especially […]