The Business Cycle

The Business Cycle is a book written by R. C. O. Matthews that explores the economic phenomenon known as the business cycle. Matthews provides an in-depth analysis of the various stages of the business cycle, including expansion, peak, contraction, and trough. He also examines the factors that contribute to the business cycle, such as changes in consumer spending, investment, and government policies. The book covers topics such as the impact of inflation and deflation on the business cycle, the role of interest rates in economic growth, and the effects of international trade on the cycle. Matthews provides historical examples of past business cycles, including the Great Depression and the recession of the early 2000s, and uses these examples to illustrate his points. The Business Cycle is a comprehensive guide for economists, business professionals, and anyone interested in understanding the fluctuations of the economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.