--%>
Assignment Help - homework help

Stage of the business cycle

What stage of the business cycle is our economy experiencing at present time? proof your answer.

E

Expert

Verified

There are many phases of a business cycle. Starting from a peak we go down into a recession to reach a trough. From this low point we have a recovery till the next peak is attained. US economy is currently in RECOVERY phase as it tries to increase GDL from the low point of 2009 financial meltdown. Unemployment is falling from its peak levels , inflation is stable and there are signs of improving consumer and business confidence.

   Related Questions in Macroeconomics

  • Q : Fiscal and monetary policies in

    Explain the impact of changes in fiscal and monetary policies in curtailing inflation?

    		•
  • Q : Market Supply versus Individual Supply

    What is the basic difference between Market Supply and Individual Supply?

    		•
  • Q : International trade the most frequently

    the most frequently asked question on foreign direct invetment

    		•
  • Q : Tax system problem In the figure shown

    In the figure shown below, line T1 depicts a tax system which is: (1) Regressive. (2) Progressive.  (3) Proportional. (4) Unbiased. (5) Recessive. 2471_7.jpg

    		•
  • Q : Purpose of Balance of Payment Meaning:

    Meaning: - as mentioned above, the balance of payments is a periodic accounting of international economic transactions. Each country having regular economic transactions with other countries prepares periodically the final accounts of their foreign receipts and paymen

    		•
  • Q : Formula for Fiscal deficit Fiscal

    Fiscal deficit: Fiscal deficit is stated as the surplus of total expenditure over total receipts, apart from borrowings. Fiscal deficit = Total expenditure (Rev. Exp. + Cap. Exp.) – Total Receipts

  • Q : Supply factors in economic growth

    Briefly explain the four supply factors in economic growth?

    		•
  • Q : Closed economy Hello. I need help with

    Hello. I need help with my assignment, I was sick and lost alot of time.My submission deadline is tomorrow i need your help i have attached the questions Thanks in advance

    		•
  • Q : Value of the net benefits Whenever

    Whenever consumers paid an amount for water which reflects the value of the net benefits they obtain from consuming it, water would outcome: (1) Maximum consumer excess. (2) Zero consumer excess. (3) Total revenue equivalent to variable cost. (4) Zero

    		•
  • Q : Problem on diminishing marginal utility

    An illustration of how marginal utility diminishes takes place when: (1) Derek finds it tough to laugh politely when he hears a “new” joke for the fourth time now. (2) Amy Sue chooses she would instead have 150 hogs than 151 on her pig far

    		•