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| recurrent fluctuation in the total business activity of a country. |
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| the act or process of expanding. |
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| the highest or most important point or level. |
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| an act or instance of contracting |
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| the lowest point, especially in an economic cycle |
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| economic crisis and period of low business activity in the U.S. and other countries, roughly beginning with the stock-market crash in October, 1929, and continuing through most of the 1930s. |
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| those people who are in the process of moving from one job to another and who therefore appear in the unemployment statistics collected at any given time |
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| Periodic unemployment created by seasonal variations in particular industries, especially industries such as construction that are affected by the weather. |
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| Economics . a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency ( opposed to deflation). |
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