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LSDefine

Simple English definitions for legal terms

business cycle

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A quick definition of business cycle:

Business cycle: The way the economy goes up and down, like a rollercoaster. Sometimes things are good and people are making lots of money, and other times things are bad and people are struggling. This happens over and over again, and it's called the business cycle.

A more thorough explanation:

The business cycle refers to the regular pattern of growth and decline in economic activity. It is a natural occurrence in any economy and can be seen in the fluctuations of gross domestic product (GDP), employment rates, and other economic indicators.

  • During an expansion phase, businesses are hiring more workers, consumers are spending more money, and the economy is growing. This can lead to inflation and higher interest rates.
  • During a contraction phase, businesses may lay off workers, consumers may cut back on spending, and the economy may shrink. This can lead to deflation and lower interest rates.

For example, during the expansion phase of the business cycle, a company may decide to invest in new equipment and hire more employees to keep up with demand. However, during the contraction phase, the same company may have to lay off workers and cut back on spending to stay afloat.

business compulsion | business day

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Kendrick album so good, I wasn't even focused on admissions today
oh i was just lisenting to him on the car ride hnome
awman i was hopign to come home to a ucla wave
is it too late? its 2pm there
OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
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