Respuesta :
In short run, the macroeconomic analysis focuses on the business cycle while in the long run, the focus is on the long-run economic growth.
the business cycle is the repetitive and the economic changes that take places in the country over the period. It has identified through the variations in the GDP and along with the other macroeconomics indexes. The four phases of business cycle are the expansion, peak, the contraction, and trough.
Understanding the business cycles allows the owners to make theme informed about the business decisions. By keeping the finger on the economy's pulse and then paying attention to the current economic projections, they can also be speculate when to prepare for the contraction and take the advantage of the expansion.
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