Class Notes (834,953)
Canada (508,836)
York University (35,167)
Geography (286)
GEOG 1000 (81)
all (4)
Lecture

The Business Cycle.doc

2 Pages
101 Views
Unlock Document

Department
Geography
Course
GEOG 1000
Professor
All Professors
Semester
Fall

Description
The Business CycleCharacteristics of ExpansionIncreased spendingconsumptionLong term real Rising incomes and profitsGDP growth Unemployment rate is fallingtrendPositive media reportsInflation rate begins to riseGDP is increasingLots of business activityCharacteristics of RecessionDecreasing spendingconsumptionExpansionFalling incomes and profitsUnemployment rate is risingNegative media reportsSlowdown in rate of inflationGDP contracts for 2 quartersBusiness activity slows downGDP The total market value of all finalfinished goods and services produced within a country in one yearReal GDP Removing the impact of infla
More Less

Related notes for GEOG 1000

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit