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8 April, 07:20

Assignment: News Article Review I All articles must be recent, the beginning of the semester forward. The article must relate to at least two of the following learning outcomes: Describe macroeconomics issues such as Business Cycle, Growth, and Inflation

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  1. 8 April, 07:26
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    Macroeconomic are issues that relate to large scale or national economic issues. The coverage is usually national.

    Explanation:

    Business cycle describes the the rise and fall in the general production of good s and services of an economy. This can be determined through the growth in the gross domestic product of an economy. Business cycle has 5 stages launch, growth, shake out, maturity and decline.

    Growth in business is when a business reaches full stage of growth and needed additional input to further expand. This depends largely on the growth in GDP and ability of owners to seek for expansion.

    Inflation is the quantitative measure of the rate at which prices of products {goods and services} changes over time in a given economy. Inflation is the measure of the purchasing power of money over a given period of time in an economy. When there are to much money in circulation pursuing less goods and services in an economy.
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