Do you think business cycles would exist, or be as severe

Assignment Help Macroeconomics

Reference no: EM13245604

Questions:

A. How might the above ideas be relevant to how society, both private and public sectors, deals with business cycles? (Consider how households, firms, and government react when statistical reports indicate the economy is expanding or contracting.)

B. Do you think business cycles would exist, or be as severe, if these economic statistics were not reported on a regular basis or at all? Why or why not?

Reference no: EM13245604

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