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What are the different phases of the business cycle

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Reference no: EM132789931

Question: This discussion will help you better understand a country's business cycle along with the different types and causes of unemployment.

Choose a country to research using World Facts Book or Trading Economics. Please answer the following questions in your initial post.

• What are the different phases of the business cycle?

• What is your country's current phase of the business cycle? (Please support your answer.)

• How is unemployment calculated?

• What are the different types of unemployment?

• Which type of unemployment has the greatest impact on your chosen country and why?

Reference no: EM132789931

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