Economic Indicators and the Business Cycle
By derekpham1, Updated
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I HAVE SO MUCH PERSONAL INCOME RIGHT NOW, I'M GOING TO BUY EVERYTHING.
With these ridiculously low interest rates, I bought a new home at a low price!
Unemployment rates are so low, even I can find a job!
Our company has lowered interest rates because our economy is in prosperity right now, meaning people are most likely going to pay back their loans.
People are spending more of their income, companies are producing more, and the government recently increased spending! Look how high the GDP is!
Retail sales, or consumer spending, has achieved record highs! Personal incomes are increasing, allowing people to spend more of their money!
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