What role do business cycles play in a market economy? Write a short note on the effects of the recent recession in the US economy with respect to the economic indicators you learned about in the lesson.

Answer:

Explanation:

Business cycles are the "ups and downs" in economic activity, defined in terms of periods of expansion or recession. During expansions, the economy, measured by indicators like jobs, production, and sales, is growing--in real terms, after excluding the effects of inflation.

Answer:

Business cycles play an important role in a market economy. A business cycle usually lasts for around 8 to 10 years and provides investors with clues about the performance of financial assets. Business cycles affect the GDP of the economy, interest rates, unemployment rates, and other such economic indicators. Business cycles influence the unemployment rate in an economy. During the expansion and peak period in a business cycle, unemployment levels are low. The recession and trough in the business cycle can lead to a rise in unemployment and cuts in wages. Business cycles also affect consumer demand. High levels of unemployment reduce demand, leading to lower sales for businesses. This may force companies out of business. Overcoming a recession period is a challenge for businesses. On the other hand, the recovery and expansion phases encourage new businesses to enter the market.

It is rather difficult for external forces such as businesses to analyze what stage of the business cycle is currently happening and what its affect will be. Understanding past cycles will help prepare businesses and the government for future occurrences. In addition, businesses need to review their operations constantly in order to stay in business. Understanding the effects of each business cycle will help companies make decisions, such as to whether to stay in business or to exit, to minimize economic damage.

There is a common view that the recession phase is bad for the economy, but it is a way for the markets to correct themselves. Phases in the business cycle help improve the performance of the economy. Companies with poor performance die out or merge with stronger companies. This results in a strengthening of the overall economy. Business cycles also help investors to understand the direction of the market and invest wisely.

The Recent Economic Recession

As per the National Bureau of Economic Research, there were ten recessions between 1948 and 2011 in the United States, the most recent one being the recession between December 2007 and June 2009. This recession affected all facets of the US economy.

GDP: The recession affected different industries in different ways. Financial activities took the biggest hit, followed by construction and manufacturing. Wages and salaries were low; consumer spending decreased in all major categories, except in health services and education. Household spending saw a decrease of approximately 8 percent from 2007 to 2010. GDP fell by 4.1 percent, investments by 23.4 percent, and overall consumption by 2.3 percent.

Unemployment: In December 2007, the unemployment rate in the United States was 5 percent, which rose to 9.5 percent by June 2009 and peaked at 10 percent in October 2009. Unemployment rates were initially higher for men than for women, and higher among African Americans and Hispanics than for Caucasians.

Inflation: Inflation peaked at 4.2 percent in the first quarter of 2007. Inflation increased in the first half of 2008 thanks to rising energy and commodity prices, which caused deflation when they declined. The Federal Reserve reduced the interest rates to virtually zero to stimulate spending.

Explanation:

plato

Which speaker of which statement would be best served by joining an interest group? Help ASAP

What is the load capacity for vehicles?

few countries today are republic true or false

Under which category of crime does burglary fall?

US citizens are required to

Explain 3 aims of sentencing.

Who goes first when presenting opening statements in a criminal trial?
A. Judge
B. Witness
C. Defense
D. Prosecution

Explain what happens to the gravitational force between two objects if

(a) The mass of one object is doubled,

(b) The distance between the object is tripled.


Please its aurgent ​

What are the 3 roles of the Court System in the Judiciary System?
A. Make Laws
B. Interpret Laws
C. Uphold Laws
D. All of the Above

31. "Stand Your Ground" means what? (Read answer choices carefully)
If attacked, I do not have to run away, even if I can I can use self defense as a first
resort/option
O I have to stand put and use self defense if I'm attacked-I am not allowed to run away
o I can only use self defense on people who are running away
O
I cannot use self defense on people who are standing in one place and "holding their
ground."

The standard of strict liability can be found only in civil law.
True or false

A homeless man in Panama City was arrested and charged with theft. He could not afford an attorney and had to go to trial without one. Which right of the man's was violated?

After reviewing an administrative agency's regulation, a federal court ruled that the regulation was unlawful because it violated the United States Constitution. The federal court's ruling is an example of what type of law

Should law enforcement officials be required to get a search warrant before they are allowed to use new technology to track the location of a criminal suspect (unbeknownst to him) through his cell phone

Why Are Laws Important in Our Society?

If you get it right you get a brainless! :>

Drive at a speed that places the farthest objects you can see clearly no less than _____ ahead of you.
A. 3 seconds
B. 5 seconds
C. 100 ft
D. 300 ft

Give your own example of the 7th Amendment

The First Amendment includes two clauses relating to the freedom of religion. (a) Select one of the following cases and identify the First Amendment clause upon which the United States Supreme Court based its decision. Engel v. Vitale (school prayer) Lemon v. Kurtzman (state funding for private religious schools) (b) Describe the Supreme Court's decision in the case that you selected in (a). (c) Select one of the following cases and identify the First Amendment clause upon which the Supreme Court based its decision.

Which federal agency researched and promoted the study of flight?

Give your own example of the First Amendment.

BRAINLIEST !!
Jane and Wilma have been arrested for robbing Fort Knox. They are now in separate isolation cells. Both Jane and Wilma want to go free. Prosecutor Betty makes each of them this offer: “You can either talk or stay silent. If you talk and your accomplice stays silent, you get to go home and your accomplice gets a sentence of up to 20 years. If she talks while you stay silent, she goes home and you get a sentence of up to 20 years. If you both talk you’ll both be convicted, but you'll both get out in ten years. On the other hand, if you both stay silent, I only can charge you for the weapons charges—a one year maximum sentence. So decide if you want to talk. You have until morning to make a decision.”

This scenario is known as the prisoner's dilemma. Researchers use it to better understand how people approach decision making in everyday life, as well as in criminal situations.

For a moment, pretend you're Jane. If you and Wilma both stay silent, that leads to the best outcome for both of you. Neither of you will face multiple years in prison. But counting on Wilma to stay silent requires a leap of faith. If Wilma confesses, you're better off confessing too – it means 10 years in prison instead of 20. Staying silent could mean 20 years in prison.

As Jane, what would you do and why?

After being found guilty of driving while intoxicated, the court ordered that Carolyn spend the next 30 years in solitary. Which Amendment was violated?
A. 7th Amendment
B. 6th Amendment
C. 5th Amendment
D. 4th Amendment

Risk-taking has been shown to be affected at a BAL of __________.

What is the final step for a bill to become a law?
A. Being approved by a congressional committee
B. Being approved by the House of Representatives
C. Being approved by the Senate
D. Being approved by the executive branch

Which type of court system functions to determine the liability of the defendant?

Describe the differences between Civil and Criminal Court.

Pat is camping with some friends. One of them is careless around the campfire and gets a bad burn on her hand. Pat runs to the next campsite to ask for help

What is a punitive penalty ordered by the court after a defendant has been convicted of a crime, either by a jury, a bench trial, by a judge or in a plea bargain

Case Scenario #1: (5 pts) Jackson kicked the person in front of him as he left a public transportation vehicle in Philadelphia. He also punched the person and knocked his glasses off his face. Several additional riders joined Jackson in the attack. One of the riders involved picked up the glasses and the attackers then left the scene. Jackson was charged with robbery. How would you decide? Explain your answer briefly. Commonwealth V. Jackson 463 A.2d 1036 (PA).​

Do you think you would be able to memorize all the 10-codes on the list, or would you have to refer to a chart?