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Current Stage in the Business Cycle

What is the economyâ??s current stage in the business cycle (Recession, Growth, Expansion, or Peak)?

Support your answer with an article written within the last week from the popular press or blog.

The answer should follow this format:
1. What is the economy's current stage in the business cycle (Recession, Growth, Expansion, or Peak)?
2. Define the characteristics of that business cycle?
3. Cite the article you are referencing, please use APA format?
4. summarize the article?
5. Why do you think the article justifies the current state of the business cycle that you mention

From the summer of last year 2008 to the current date, the U.S. Economy has undergone various stages in the business cycle. Locate an article written within this period; highlight/discuss the contents of the article very briefly.

Your answer should follow this format:
1. Cite the article you are referencing, please use APA format?
2. summarize the article?
3. Critique of article - do you agree or disagree with the conclusion of the suggested/inferred business cycle in the article.

Solution Preview

Business Cycle
What is the economyâ??s current stage in the business cycle (Recession, Growth, Expansion, or Peak)?

Support your answer with an article written within the last week from the popular press or blog.

The answer should follow this format:
1. What is the economy's current stage in the business cycle (Recession, Growth, Expansion, or Peak)?
The economy's current stage in the business cycle is growth. This is a period after the through. This phase is also called the recovery phase because the economy recovers from a recession.
2. Define the characteristics of that business cycle?
During the growth phase of the business cycle interest rates are low and companies easily borrow money from the banks to invest. Banks are not reluctant to grant loans because expanding economic activity allows business to increase cash flows. This is the phase when the economy starts growing again. This phase is marked by an increase in the level of economic activity, and of goods and services ...

Solution Summary

Business Cycle is discussed in great detail in this solution.

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