ECO561 Team Reflection Week 4 - 18529

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Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

Prepare a 1- to 3-page paper detailing the findings of your discussion.
1.Determine the economy's stage in the business cycle.
2. Evaluate current macro economic condition based on key indicators.
Solution Description

Week four objectives of Economics 561 include determining the economy’s stage in the business cycle and evaluating current macroeconomic condition based on key indicators.  The four phases in the business cycle are peak, recession, trough, and expansion, and the key in