What does gdp tell economists about business cycles?

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01-09-2018
Business

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What does gdp tell economists about business cycles?

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CWUJane CWUJane · Answer 1 · 2018-09-01T05:43:07+02:00

CWUJane CWUJane

01-09-2018

When inventories are accumulating reductions in the productions of goods becomes widespread, and as firms reduce their output, many workers are laid off, As payrolls are reduced, the unemployment rate rises, and GDP falls.

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