Public Administration - Municipal BUS400 Lecture Notes - Lecture 12: Real Business-Cycle Theory, Business Cycle, Money Supply

17 views3 pages

Document Summary

Real business cycle side shocks: real business cycle: business cycles caused by supply, nominal shocks do not affect real output and employment, caused by, changes in technology, changes in the supply of labour, prolonged droughts. Controlling the business cycle: macroeconomic policy tools help to reduce fluctuations in, economists do not currently possess the capability to economic activity. totally eliminate business cycles. Indicators of business cycles: leading indicators: economic variables that turn, used to predict recessions and recoveries. downward before the peak and upward before the trough. Indicators of business cycles: some of the leading indictors include, stock prices, durable goods orders, growth of the money supply, net investment, new building permits. Indicators of business cycles: coincidental indicators: variables that coincide with the, coincidental indicators include: business cycle, gdp, employment, business profits, industrial production index. Indicators of business cycles: lagging indicators: variables that turn downward after, lagging indicators include: the peak and upward after the trough, inventories, personal income, labour costs.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

Related Questions