business cycle 1
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Your task is to complete all assigned questions. Word format and Apa format
- What are the four phases of the business cycle?
- Which phase of the business cycle would be the best time to purchase a large ticket item?
- How do you calculate the labor force participation rate?
- Who is accounted for in our country’s labor force?
- How is our country’s unemployment rate calculated?
- In one to two sentences, please define the term, “full employment?”
- In one to two sentences, what is a discouraged worker?
- What are the four types of unemployment?
- Which type of unemployment is the direct cause of our country (economy) contracting?
- In one to two sentences, please define, inflation?
Grading Rubric:
Your project will be graded using the rubric below:
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F |
F |
C |
B |
A |
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0 |
1 |
2 |
3 |
4 |
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Did Not Submit |
No Pass |
Competence |
Proficiency |
Mastery |
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Failure to adequately state market fluctuations, unemployment, and labor force participation rate |
Able to state what market fluctuations, unemployment, and labor force participation rate |
Able to state what market fluctuations, unemployment, and labor force participation rate Also able to give examples of market fluctuations, unemployment, and labor force participation rate |
Able to state and articulate what market fluctuations, unemployment, and labor force participation rate Also able to give examples and articulate market fluctuations, unemployment, and labor force participation rate |
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