Astreet vendor selling rolex watches at ridiculously low prices approached ted. ted, however, was suspicious that the watches were illegal brands.

A street vendor selling Rolex watches at ridiculously low prices approached Ted. Ted, however, was suspicious that the watches were illegal knockoff brands. Knockoff brands are popular everywhere but you can often see them being sold on the streets in larger cities. These brands draw attention to consumers who want the look and the style of these items but can not afford to pay the price for the real deal. 

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.