Economic cycle
What Economic cycle means in Economics A-Level, as defined for AQA.
Definition of Economic cycle
Check what you remember
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Reference: AQA
The cycle whose fluctuations drive a cyclical deficit or surplus through automatic stabilisers.
Topics that use Economic cycle
- Fiscal policy (AQA A-Level)
Related terms
- Aggregate demand and supply
- Aggregate supply
- Automatic stabilisers
- Budget balance
- Budget deficit
- Budget surplus
- Crowding out
- Direct taxes
Using Economic cycle in the exam
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