Monday, 28 March 2016

Economic Growth, Business Cycles, Unemployment, and Inflation

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Economic Growth, Business Cycles, Unemployment, and Inflation

What is the longest period for which you have been unemployed and what were the circumstances? How did you find a new job? Which of the three types of unemployment discussed in Colander would you consider to have been your situation and why do you classify it as such?
Name a good or service which you believe has experienced a high rate of inflation recently. Why do you think the price of this good or service is being placed under inflationary pressure and how has this affected you personally?

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