Business cycles do not have a specific duration. However, statistical studies have distinguished business cycles of different sizes, classifying them as follows: • Short: They have an average duration of 40 months, they do not usually reach the depression phase. They are also known as small or Kitchin cycles.
• Means: They have an average duration of 7 and 11 years. They are a series of short cycles, which are not completely overcome and end up leading to an economic crisis. It is also known as the Juggler cycle.
• Long: They last between 47 and 60 years. , of an average of 54 years of duration. The phases are smooth and slow, it takes a long time to reach the peak and when there is a recession it is usually slow, but it leads to economic depressions of historical magnitude. They are also known as cycles of
Kondratieff

Based on the subject of the guide describe the following image

What does the exposition in the beginning of act one tell readers about the way they are to perceive the events that follow? explain?

What is another name for the spanish navy in 1588? a) spanish royal fleet b) spanish armada c) spanish yacht crew d) spanish tall ships

“dear sir: it is with great reluctance, i trouble you on a subject, which does not fall within your province; but it is a subject that occasions me more distress, than i have felt, since the commencement of the war; and which loudly demands the most zealous exertions of every person of weight and authority, who is interested in the success of our affairs. i mean the present dreadful situation of the army for want of provisions, and the miserable prospects before us, with respect to futurity. it is more alarming than you will probably conceive, for, to form a just idea, it were necessary to be on the spot. for some days past, there has been little less, than a famine in camp. a part of the army has been a week, without any kind of flesh, and the rest for three or four days. naked and starving as they are, we cannot enough admire the incomparable patience and fidelity of the soldiery, that they have not been ere this excited by their sufferings, to a general mutiny or dispersion. strong symptoms, however, discontent have appeared in particular instances; and nothing but the most acitive efforts every where can long avert so shocking a catastrophe.” what’s the central idea?