This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What generally causes the business cycle? What are the four phases of a single business cycle? What ... (Read 254 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
What generally causes the business cycle? What are the four phases of a single business cycle? What are the problems associated with the business cycle?

Question 2

Which of the following is not an automatic stabilizer?
 a. Personal income tax revenue.
  b. Corporate income tax revenue.
  c. Unemployment compensation benefits.
  d. Property tax revenue.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

6ana001

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

Changes in total spending (aggregate demand) are what generally cause changes in the business cycle. The four phases of a single business cycle is a peak, recession, trough and an expansion. The problems associated with a recession are cyclical unemployment and slow growth. The problem with an expanding economy is (demand-pull) inflation.

Answer to Question 2

d


jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Many human diseases are caused by mutations in single genes Many human diseases are caused by mutations in single genes
Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio
Menstrual cycle Menstrual cycle
Ovulation Process The two ovaries alternate ovulation in each monthly cycle. Ovulation Process The two ovaries alternate ovulation in each monthly cycle.
A free-running circadian sleep–wake cycle 25.3 hours in duration. Despite living in an unchanging ... A free-running circadian sleep–wake cycle 25.3 hours in duration. Despite living in an unchanging ...
Business question Business question
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library