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    Current Economic Conditions:

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    An explanation on business cycle and conditions

    Determine the economy's stage in the business cycle and evaluate current macroeconomic conditions based on key indicators

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    Step 1
    The current economy's stage is early upswing. The current stage is the beginning of the expansion stage. After the trough of the economy, the US economy has started looking upward. The upswing is likely to continue till the expansion stage reaches the peak. Currently, even though the unemployment is high, there is government intervention to restore faith and improve the performance of the economy. Essentially, the economy has begun to rebound from the problems of the recession. There is increasing consumer ...

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    This posting gives you a step-by-step explanation of Analysis of Current Economic Conditions. The response also contains the sources used.