As time goes by Jay and silent Bob look for jobs. Recently unemployment dropped signifiately because of an increase in foreign metals, and resources being found
Instead of a low rate job that anyone could have, they decide to go back to school in order to get a diploma.
Alright!!! Welcome to econ. short for EXTREME CONDITIONS OF our NATION. Today we learn about the business cycle.
Whats the business cycle?
Well first you need to know the four main phrase: prosperity, recession, depression, and recovery. Prosperity, which ultimately makes goods and services go up, is the peak of economic activity usually caused by unemployment.
Now recession is when economic activity goes down, which usually occurs when there is a widespread drop in spending. The thing is, if one company goes into recession it others do too, like a ripple effect.
When all this is put it tells you the general drop in productivity and GDP
Bruh is it me or did the room change in the middle of that guys lecture