List and detail the four basic phases of the economic cycle

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Assignment - Worcester Economic Cycle Discussion

Provide thorough, well-developed answers to the following:

Q1 - List and detail the four basic phases of the economic cycle.

Q2 - Explain at least three measures you would use or analyze to determine the phase of the business cycle an economy is in.

Q3 - Describe what it might be like to graduate during a booming economy (Prosperity). Compare and contrast that to graduating in a recessionary economy.

Reference no: EM133207288

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