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单词 trade cycle
释义

trade cycle

noun
Another term for business cycle.He was at a complete loss when it came to advancing any sound argument to demolish the monetary theory of the trade cycle....
  • During the boom phase of the trade cycle, businesses hire new workers, many of whom are pulled from other lines of work by the higher wages.
  • Our problem is a trade cycle, not recurring slumps due to insufficient spending.
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更新时间:2024/9/24 1:24:37