How long do business cycles last?

Business Dec 23, 2020

Expert Solution

Answer: 5-6 Years

If you look at the period following WW2, the average business cycle from peak to peak lasts roughly 5-6 years. In recent times though this has been longer and has been known as the "Great Moderation" where growth rates were low but there was less downturns and less severe downturns when they did occur.

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