business cycle
复数形式
business cycles
1
经济周期, 商业周期
the rhythmic pattern of economic growth and decline, consisting of phases such as expansion, peak, contraction, and trough
- During an economic expansion phase of the business cycle, consumer spending tends to rise, leading to increased production and job opportunities.
在商业周期的经济扩张阶段，消费者支出往往会增加，从而导致生产和就业机会的增加。
- The peak of the business cycle is marked by high employment levels, robust economic activity, and often, inflationary pressures.
商业周期的顶峰以高就业水平、强劲的经济活动以及通常的通货膨胀压力为标志。
- The trough of the business cycle represents the lowest point, with economic activity bottoming out, and typically precedes a new phase of expansion.
商业周期的低谷代表经济活动触底的最低点，通常预示着新一轮的扩张阶段。
- Central banks often adjust interest rates to influence the business cycle, lowering rates during contractions to stimulate economic activity and raising them during peaks to prevent overheating.
中央银行经常调整利率以影响商业周期，在收缩期间降低利率以刺激经济活动，在高峰期间提高利率以防止过热。
- Businesses that can adapt to the cyclical nature of the economy by diversifying their products or services may be more resilient across various phases of the business cycle.
能够通过多样化其产品或服务来适应经济周期性本质的企业，在商业周期的各个阶段可能更具韧性。
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