Business

Deslizar: 1
We were just in an expansion and now we are in a peak! I know that we are at a peak because me and all my friends that are able to work have good jobs. Another way I could tell that we are at a peak is that the interest rate on loans is the lowest it's been in a while. I know that when we are in a peak we are starting a contraction soon. But since the interest rate is so low I got a new house!
Deslizar: 2
Im so sad the economy is in a contraction I can tell because the great job I had just fired me and all of my friends and we were just in a peak so a peak marks the start of an contraction and the GDP is also declining this means that prices are rising but its okay it might rise soon.
Deslizar: 3
The Economy did not go up we are actually in a trough and we are in the lowest point of the business cycle I know this because everything costs a lot and everyone I know has no jobs because the unemployment rate is high and now I can't take out a check to buy back my new house because the inflation rate is high. I hope this trough doesn't turn into depression.