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Economists have learned that GDP fluctuates on a cycle what has the average cycle been since the end of world war 2?

Since the end of World War II, the average economic cycle, characterized by periods of expansion and contraction, has typically lasted around 5 to 7 years. These cycles include phases of growth, peak, recession, and recovery. While some cycles have been longer or shorter, this average reflects a general trend in many developed economies, particularly in the United States. Factors such as technological advancements, fiscal policies, and global events can influence the duration and intensity of each cycle.


How much money do lead economists for the world bank make per year?

Lead economists for the World Bank make between $100,000 and $500,000 per year on average. Their actual pay is based on their experience and their overall performance.


Economists have learned that GDP fluctuates on a cycle what had the average cycle been since the end of World War 2?

Since the end of World War II, the average economic cycle in the United States has typically lasted about 5 to 7 years. These cycles consist of periods of expansion, where GDP grows, followed by contractions or recessions, where GDP declines. While the duration and intensity of these cycles can vary, they reflect both domestic and global economic conditions, as well as policy responses. The post-war era has seen several notable cycles, including the booms and busts of the 1970s and the Great Recession of 2007-2009.


Who calculates the Gross Domestic Product?

economists all over the world


List of Famous economists and their contributions?

Benjamin Graham, Franco Modigliani , Friedrich von Hayek and Gunnar Myrdal are some of the famous economists who impacted positively the economy of the world.


Has the world learned from the lesson of pre world war 1 militarism?

what was the lesson learned in world war one


Which country has the most overvalued house prices in the world according to a recent survey by The Economists?

Switzerland


Following world war 1 many economists turned away from classical economics?

true


Economists make comparisons between the US type of economy and other economies around the world?

true


What I've learned about earthquakes and tsunamis?

Well, what have you learned? You are the only one in the world who can answer this.


Which Country is the 2nd largest wine producer in the world?

That fluctuates from year to year between Italy and France.


Why were economists opposed to the treaty of Versailles's?

Economists were opposed to the terms of the Treaty of Versailles because it called for repayment of World War I damage to parts of Europe. This meant that the United States and German Allies would be shelling out money to rebuild.