majandustsüklial
Majandustsüklial, also known as business cycles, are fluctuations in economic activity that occur over time. These cycles are characterized by periods of expansion and contraction, which can be observed in various economic indicators such as GDP, employment, and consumer spending. The duration of a business cycle can vary, typically ranging from a few months to several years.
The most widely accepted theory explaining business cycles is the real business cycle theory, which attributes
Another prominent theory is the Keynesian theory, which emphasizes the role of government intervention in stabilizing
Business cycles have significant implications for economic policy and planning. During periods of expansion, governments may