Project #7049 - Macroeconomics

t is unfair, but true, that bad things happen. Unfortunately, when people expect bad things to happen, they often make choices in an attempt to prevent these bad things that may actually make things worse rather than better. 

Questions: 

A.  How might the above ideas be relevant to how society, both private and public sectors, deals with business cycles? (Consider how households, firms, and government react when statistical reports indicate the economy is expanding or contracting.)

B.  Do you think business cycles would exist, or be as severe, if these economic statistics were not reported on a regular basis or at all?  Why or why not? 

 

 

no more than 6-8 complete, non-compound sentences for each part. Subsequent responses must be no more than 10 complete, non-compound sentences. All sources much be cited.. Information should not be copied directly from any source.

 

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Due By (Pacific Time) 05/30/2013 06:00 pm
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