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In measuring the cyclical effect of a time series, cycles need to be isolated. The measure we use to identify cyclical variation is the:
Fiscal Policy
Government policies related to taxation and spending that are used to influence the economy, including efforts to manage demand, stimulate economic growth, or control inflation.
Higher Inflation
An economic condition characterized by a significant and rapid increase in the general price level of goods and services in an economy over a period of time.
Tax Cuts
Reductions in the amount of taxes imposed by the government on individuals or businesses.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period.
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