Stagnation
Stagnation
Stagnation
Stagnation
Stagnation
Neither rising nor falling
When GDP is neither rising nor falling, the economy is said to be at a state of equilibrium or stability. This means that the level of economic activity is remaining constant, with no significant changes in output or income. It could suggest that the economy is in a period of steady growth or experiencing a plateau in economic growth.
They are constant at equilibrium GDP.
expansion
When the GDP stops falling, the business cycle is a trough.
When the GDP stops falling, the business cycle is a trough.
When the GDP stops falling, the business cycle is a trough.
an Economic Expansion