The Business Cycle

Quiz Chapters 6-7

Questions to focus on:

  1. What is the business cycle?
  2. What is the macro-economist’s role in terms of the business cycle?
  3. What impact do the different stages have on aggregate supply and demand?

Additional Practice and Review:

Read Chapter 10

Review the “Check Your understanding Questions” – you should be able to answer them from your notes

Background Reading:

The charts every Canadian should be watching