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Two Varieties of State-Based Policies Include

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Two varieties of state-based policies include


Definitions:

Cyclical

Describes phenomena that occur in predictable patterns or cycles, often used in economic contexts to describe fluctuations in the business cycle.

Wavelike Pattern

A pattern characterized by oscillations or undulations reminiscent of the movement of waves, typically seen in contexts like physics, economics, and nature.

Long-term Trend

The overall direction of a market or asset's price movements over a prolonged period.

Trend

A pattern or direction, often observed in data sets, indicating a tendency or shift over time.

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