The business cycle refers to the tendency of an economy to be cyclical, usually expanding but sometimes contracting, as markets require self-correction to regain equilibrium after periods of growth.

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  1.3: Systemic or "Macro" Factors That Affect Financial Thinking

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• 1.3: Systemic or "Macro" Factors That Affect Financial Thinking biz.libretexts.org LibreTexts via serper

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• business cycle concept