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Business Cycle
Updated: 2/22/2019
Business Cycle
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Storyboard Text

  • 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
  • Yea I agree, lets go find a burger joint.
  • ..........................
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