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  • 06-10-2022
  • Business
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Real life example of recovery in business cycle

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  • 06-10-2022

Answer:

Explanation:What Is an Economic Recovery? Economic recovery is the business cycle stage following a recession that is characterized by a sustained period of improving business activity. Normally, during an economic recovery, gross domestic product (GDP) grows, incomes rise, and unemployment falls as the economy rebounds.

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