Discussion Question 2: Business Cycle
What is the business cycle? Identify the stages of the business cycle. Present a chart from FRED showing how the variable changes over the cycle. You can use GDP growth, GDP level or the unemployment rate. In which period of the cycle it is easiest to find jobs? This assignment requires one chart from FRED and about one or two paragraphs at most.
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Introduction
The business cycle is the up and down economic growth movement in the production of goods and services caused by the energies of supply and demand, the accessibility of resources and presumption about the future. It is managed by the government and measured by organizations within the government. (Ohio, 2018)
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