Problem
1. Describe the key business cycle regularities in consumption and investment expenditures.
2. What are the key business cycle regularities with respect to the price level and the money supply?
3. Does a Phillips curve relationship exist in the data set that was studied in this chapter?
4. What are the key business cycle regularities in the labor market?
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.