Have stabilization policies reduced the severity of business

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Question 1: 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 business cycle theories. 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 the real gross domestic product due to the business cycle.

Question 2: What is the business cycle?

Question 3: How many recessions have there been since 1949?

Question 4: Which recession was the most severe? Least severe?

Question 5: What has been the longest time between recessions?

Question 6: Have the severity of recessions decreased over the post-war period (WWII)?

Attachment:- Business Cycle Dating Committee.zip

Reference no: EM132714792

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