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Moiseeva_F

Summarizing.

Complete the following sentences to summarize the text above:

1. The business cycle is…

2. During a boom an economy…

3. In the period of recessions the demand for goods and services…

4. There are… theories as to the cause of the business cycle.

5. Internal theories suppose that…

6. External theories, on the contrary, consider that…

7. There is also a theory that…

Viewpoint:

Which of the theories mentioned in the text do you find the most convincing?