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Short-Term Economic Fluctuations Short-Term Economic Fluctuations

Short-Term Economic Fluctuations - PowerPoint Presentation

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Uploaded On 2017-10-25

Short-Term Economic Fluctuations - PPT Presentation

Chapter 21 McGrawHillIrwin Copyright 2015 by McGrawHill Education Asia All rights reserved Learning Objectives Identify the four phases of the business cycle and explain the primary characteristics of recessions and expansions ID: 599254

unemployment output economy gap output unemployment gap economy rate prices potential short business fluctuations gaps term cyclical spending recession natural cycles run

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