Problem
Consider the information given in the following table to answer the following questions. Assume the business cycle is entirely determined by changes in real GDP:
a) Identify the peak and trough during this period.
b) Comment on the timing of the inflation rate and the stock prices index.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.