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Seminar 6 Elaborate
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2. Sure Robert, I don't see why not.
1. Hey Boss!Could you teach me about the business cycle.
1. To begin, when a business has at least two quarters of an increasing GDP, it means that the business economy is in expansion.
Expansion
2. Oh....I see how this works, but what is next.
 3. Unfortunately, the economy never can sustain so it goes back down.
1. Next, is a peak. During this phase, the economy is at its highest and is doing very well. 
Peak
2. Boss, doesn't the economy eventually fall?
2. In simple terms, a contraction is a period of  economic decline. If a business has a quarter of decline then there is a contraction.
Contraction
1. So what exactly is a contraction?
3. A trough is the lowest point on a economic contraction, but this also starts and transitions into the expansion phase once again.
2. Last but not least, a trough is the last phase in the economic business cycle.
Trough
1. What happens after a contraction?
No problem, Robert!
1. Well Robert, I hope you learned a lot today from this lesson about the economic business cycle!
3.Thank you, Boss I really appreciate you taking the time out of your day to teach me these things.
2. Of course!!! I learned some very valuable information about the business cycle today. 
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