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A Country’s Business Cycle

This discussion will help you better understand a country’s business cycle along with the different types and causes of unemployment.

Choose a country to research using World Facts Book or Trading Economics. Please answer the following questions in your initial post.

What are the different phases of the business cycle?
What is your country’s current phase of the business cycle? (Please support your answer.)
How is unemployment calculated?
What are the different types of unemployment?
Which type of unemployment has the greatest impact on your chosen country and why?