How Has the Severity and Duration of Business Cycles Changed

question 39

Essay

How has the severity and duration of business cycles changed over time in Canada?

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Definitions:

NC Fixed Contact

Refers to the normally-closed fixed contact in a relay or switch, which is closed (conducting) in its default state and opens when activated.

Relay

An electrical device that opens or closes circuits electromechanically or electronically based on input signals.

Digital Sensors

Devices that convert physical information into digital signals for measurement, processing, or communication purposes.

Discrete Sensors

Sensors that detect and respond to changes in physical conditions with discrete output, such as on/off states, used in automation and control systems.