L a Q6. Consider the information given in the following table to answer the following questions. Assume the business cycle is entirely determined by changes in real GDP: Date Real GDP (billions of $) Unemployment (%) Inflation (%) Stock Prices Index January 10,100 4.5 3.4 8,800 February 10,500 4.7 3.6 8,400 Match 9,850 5.2 3.8 8,000 April 9,250 59 4.0 8,600 May 9,950 63 37 9,300 June 11,200 6.1 3.5 10,100 (a) Identify the peak and trough duting this petiod. [2 marks] (b) Considering real GDP and the unemployment rate, when would you say that the economy reached its trough? Explain why. [2 marks] (c) What do you infer by the timing of the inflation rate and the stock prices index. [2 marks]