Instructions

As an introduction the the concept of Microeconomics, please watch the attached video. In the video, the following concepts are introduced: Productivity growth Short tem debt cycle Long term debt cycle Transactions Credit Spending/total quantity sold = Market Collateral Cycles Money vs credit After watching: 1. of these 10 which do you think have the most impact on the economy at any given time? Why? 2. In your opinion, at what point in the "Cycle" is the U.S. economy currently? https://www.youtube.com/watch?v=PHe0bXAIuk0&t=56s