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a period of time during which at least one of the inputs is fixed when output can be changed by using more or less of the variable factors.
those that reach peaks or lows a few months before the business cycle; such as number of new...
investments in the form of loans of a specific amount made to the government for a fixed time...
when the state uses fiscal monetary policy to smooth out business cycles.
when the government gives incentives and subsidies to encourage manufacturers to export more...
the percentage of the population living in urban areas as a proportion of the total population...