economic cycle СУЩ.
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Historically, profitability from lending activities has been cyclical and dependent on the needs and strengths of loan customers and the stage of the economic cycle.
en.wikipedia.org One of the worst aspects of stamp duty is how it reinforced the economic cycle.
www.smh.com.au Industrialization was the economic cycle that followed the coffee plantation model.
en.wikipedia.org Non-peer-reviewed research in 2010 confirmed the correlation, suggesting that the economic cycle leads the hemline with about three years.
en.wikipedia.org This is generally true over the long term and at various points in the economic cycle, but at cyclical extremes it is invariably wrong.
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