Measuring the Economy

GUIDE TO READING

Main idea

The business cycle refers to the ups and downs In economic activity.

Key Terms real GDP, business cycle, expansion, peak, recession, civilian labor force, unemployment rate, fiscal policy, inflation, consumer price index (CPI)

Reading Strategy Organizing Information As you read the section, Identify at least four ways that the economy can be measured by completing a diagram like the one below.

Measuring IhH Economy

Read to Learn

♦ What does the business cycle illustrate?

Internet Entrepreneurship Survival Guide

Internet Entrepreneurship Survival Guide

Master The Backwoods of Internet Entrepreneurship All Distilled into a Single Most Powerful Guide! Like a long pole, that can shift a great weight with little effort such is the case with succeeding in business. Your chances of succeeding-as an 'army of one' fall somewhere between zip, zilch and nill.

Get My Free Ebook


Post a comment