Back to the full dot-point answer
United StatesEconomicsQuick questions
Unit 2: Economic Indicators and the Business Cycle
Quick questions on Business cycles - AP Macroeconomics Topic 2.7
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Name the four phases of the business cycle in order. [2 points]
What is q2?Show answer
Explain what an inflationary (expansionary) gap implies for unemployment relative to the natural rate. [2 points]
Have a question we have not covered?
This dot-point answer is short enough that we have not extracted many short questions yet. Read the full dot-point answer or ask Mo, our study assistant, in the chat for follow ups.