XECO 212 Week 5 DQs

This pack of XECO 212 Week 5 Discussion Questions shows the solutions to the following problems:

DQ 1: What is the relationship between GDP and the business cycle? How can you use information about the business cycle when making a decision about a large purchase?

DQ 2: What is inflation? How do interest rates affect inflation? What are the different types of unemployment? Which of these has the most impact on the economy? Explain.