Question: A.Directions: Write down the definition and example scenarios/situations and even government intervention Concepts/Terminologies Example Scenario/Situations Government Interventions 1.Business Cycle 2.Unemployment 3.Econonomic Growth 4.Cyclical Unemployment 5.Inflation

A.Directions: Write down the definition and example scenarios/situations and even government intervention

Concepts/Terminologies

Example Scenario/Situations

Government Interventions

1.Business Cycle

2.Unemployment

3.Econonomic Growth

4.Cyclical Unemployment

5.Inflation

6. Frictional Unemployment

7. Cost Push Inflation

8. Structural Unemployment

9. Demand Pull Inflation

10. Cost Push Inflation

11. Seasonal Unemployment

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