Explore BrainMass
Share

Explore BrainMass

    Current Stage in the Business Cycle

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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.

    © BrainMass Inc. brainmass.com October 10, 2019, 2:48 am ad1c9bdddf
    https://brainmass.com/economics/business-cycles/current-stage-business-cycle-394285

    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.

    $2.19