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This discussion will improve a better understand a country's business cycle along with the different types and causes of unemployment. Choose a country to research
This discussion will improve a better understand a country's business cycle along with the different types and causes of unemployment.
Choose a country to research using World Facts Book or Trading Economics. Please answer the following questions in your initial post.
- What are the different phases of the business cycle?
- What is your country's current phase of the business cycle? (Please support your answer.)
- How is unemployment calculated?
- What are the different types of unemployment?
- what type of unemployment has the greatest impact on your chosen country and why?
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