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The Business Cycle. Drag and Drop Activity. Firms profits start to i ncrease. Position each at the correct stage of the business cycle. Inflation falls. Unemployment increases. Inflation rises. Cost of borrowing low. Firms invest more. Government tax receipts are at their highest.
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The Business Cycle Drag and Drop Activity
Firms profits start to increase Position each at the correct stage of the business cycle Inflation falls Unemployment increases Inflation rises Cost of borrowing low Firms invest more Government tax receipts are at their highest Unemployment at it’s highest Firms profits fall Consumers start to spend more National Output GDP GDP Boom Recovery Recession The Business or Economic Cycle Time Downturn
Position each at the correct stage of the business cycle Government tax receipts are at their highest Cost of borrowing low Firms profits fall Unemployment at it’s highest Inflation rises Firms profits start to increase Firms invest more Inflation falls Consumers start to spend more Unemployment increases National Output GDP GDP Boom Recovery Recession The Business or Economic Cycle Time Downturn