What are the four stages of the normal business cycle described in the textbook? How does this cycle relate to the current state of the U.S. economy?

Answer:


An ideal response will:
1. Identify the four stages of the normal business cycle as expansion, contraction, recession, and recovery.
2. Explain that the recent economic turmoil has been called the Great Recession because of its length and very high levels of unemployment, and that it began in 2008 with the collapse of the U.S. housing market.
3. Note that although economic activity began to increase in 2011, the U.S. economy was still struggling in 2012 because the economic cycle was stuck in the recession phase.

Political Science

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Some criticize pluralism by noting that political resources and power are unequally distributed within society

Indicate whether this statement is true or false.

Political Science

______ examines the broad array of human relationships that involve cross-border interactions.

a. International relations b. International economics c. International sciences d. International studies

Political Science

Anonymity is defined as

a. not revealing the information obtained from an experiment to anyone outside the study. b. the researcher must remain anonymous until the experiment is over c. keeping the identity of the participants unknown and/or untraceable. d. preventing the participants from sharing the nature of the study with future participants.

Political Science

Which of the following nations was shown to have the highest

homicide rate, in a comparative study? a. Nigeria, by far, given the actions of the radical Islamic group Boko Haram in the nation's northern section. b. Iran, given the number of people deaths among people who have challenged its regime. c. Brazil, by far. d. Nigeria, although far homicides are reported from Brazil's urban slums than any other places in the world.

Political Science