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Paper writing help, can you please let me know if this can be done?...
Paper writing help, can you please let me know if this can be done? For Bullets 1 I can complete,, I need the other 5 bullets completed, i you can I will go thru the proper channels to submit payment.
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ECO201 – Macroeconomics
Unit 4 Assignment: The Business Cycle
Due:
Sunday by 11:59 pm at the end of
Unit 4
.
Have stabilization policies reduced the severity of business cycles?
Macroeconomics grew out of the attempts to explain the recurrent fluctuations in economic
activity; that is the premise of business cycle theory.
The length of adjustment time and the
economic impact of that adjustment is the subject of much debate among economists.
Economists have proposed many policies to reduce the fluctuations in real gross domestic
product due to the business cycle.
The Business Cycle Dating Committee of The National Bureau of Economic Research is the
group that defines when the U.S. economy is in a recession or expansion period.
The primary
determinant of economic activity is real GDP.
The committee uses the following definitions:
"A recession is a significant decline in economic activity spread across the economy, lasting
more than a few months, normally visible in real GDP, real income, employment, industrial
production, and wholesale-retail sales. A recession begins just after the economy reaches a
peak of activity and ends as the economy reaches its trough. Between trough and peak, the
economy is in an expansion. Expansion is the normal state of the economy; most recessions
are brief and they have been rare in recent decades."
Your key questions for this assignment are:
Provide a brief (one paragraph) overview of this week’s material.
What is the business cycle?
List and describe the recessions that have occurred since 1949.
Examine each of those recessions and explain which recession was the most severe and
which one was the least severe.
Calculate the longest time between recessions and identify the recession at the beginning
and the end of that longest period. Have the severity of recessions decreased over the post-
war period?
If a change in the severity of recessions is evident, why do you think this is?
The Business Cycle Dating Committee
of
The National Bureau of Economic Research
is the
group that defines when the U.S. economy is in a recession or expansion period.
The primary
determinant of economic activity is real GDP.
The committee uses the following definitions:
"A recession is a significant decline in economic activity spread across the economy, lasting
more than a few months, normally visible in real GDP, real income, employment, industrial
production, and wholesale-retail sales. A recession begins just after the economy reaches a
peak of activity and ends as the economy reaches its trough. Between trough and peak, the
economy is in an expansion. Expansion is the normal state of the economy; most recessions
are brief and they have been rare in recent decades."

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