Business cycle, term used by economists to designate a periodic increase and decrease in an economy’s production and employment. Ever s...

Business cycle is an important feature of capitalist economy. It means alternating periods of prosperity and depression in the country....

Production of goods and services gives rise to income, income given rise to demand for goods and services, demand gives rise to expendit...

National income refers to the total income of the nation in a particular period of time. National income data reveals the aggregate ec...