Measuring Success: Macroeconomics · National Economy
The Business Cycle
Understanding the fluctuations of economic activity between boom and recession.
Key Questions
- 1What signals indicate that an economy is moving from a boom to a downturn?
- 2How do consumer expectations influence the direction of the business cycle?
- 3Is it possible for a government to eliminate the business cycle entirely?
ACARA Content Descriptions
AC9HE10K02
Year: Year 9
Subject: Economics & Business
Unit: Measuring Success: Macroeconomics
Period: National Economy
Suggested Methodologies
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