Illustrate what is the business cycle

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Q. Illustrate what is the Great Depression? Start- End Worst Unemployment Rate? Illustrate what is the Business Cycle? Be able to describe all of its parts such as peak, trough, long-term trend, etc. Has the business cycle been cured since the Great Depression? Was the Depression the 1st time business conditions have been bad?

Q. In Kiowa, the 2 products produced are corn also hogs. In 2001, 20 bushels of corn are sold at $5 every bushel also 8 hogs are sold at $50 each. In 2000, the base year, the price of corn was $10 every bushel also the price of hogs was $75 each. Compute the value of real GDP.

Reference no: EM1320802

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