business cycle 1

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Your task is to complete all assigned questions. Word format and Apa format

  1. What are the four phases of the business cycle?
  2. Which phase of the business cycle would be the best time to purchase a large ticket item?
  3. How do you calculate the labor force participation rate?
  4. Who is accounted for in our country’s labor force?
  5. How is our country’s unemployment rate calculated?
  6. In one to two sentences, please define the term, “full employment?”
  7. In one to two sentences, what is a discouraged worker?
  8. What are the four types of unemployment?
  9. Which type of unemployment is the direct cause of our country (economy) contracting?
  10. In one to two sentences, please define, inflation?

Grading Rubric:

Your project will be graded using the rubric below:

F

F

C

B

A

0

1

2

3

4

Did Not Submit

No Pass

Competence

Proficiency

Mastery

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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