1.Using the concept of measuring the macroeconomy, explain how GDP, GNP, unemployment, and inflation relate to the business cycle.

Provide an example of your own household or work experience.

2.Using the concept of measuring the macroeconomy, explain the business cycle relates to fiscal policy changes.

Provide an example of your own household or work experience.

3.Explain significance of real variables versus nominal variables in measuring the macroeconomy.

Provide a real-world example.

4.Provide substantive participation by responding to at least 3 of your classmate's submissions with substantive participation posts in which you explain what you learned from their submissions, as well as why and how their submissions are of particular help or interest to you.