Discussion Post: Business Cycles
The business cycle represents the short-term changes experienced in the economy due to changes in levels of economic activity.
a) Summarize the 4 different phases of the business cycle.
b) Offer real-life events that you've experienced or researched,?as examples for 1 to 2 phases of your choice.
c) Share the impact that you, your company, or others around you experienced.
d) Based on that impact, what corrective action(s) should be taken?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.