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A business cycle study for the U.S. from 1889 to 1982

Carlos Ivan Simonsen Leal

Abstract


The main task of the economists that study the behaviour of business cycles is to explain why and how certain economic variables tend to fluctuate away from their expected trends. They put questions such as why unemployment was preceded by an unexpected fall in demand.

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DOI: http://dx.doi.org/10.12660/bre.v6n11986.3121

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