Question: From the list below, select 5 questions to answer. Each answer must be 1-3 paragraphs in length, double spaced, and in Times New Roman 12

From the list below, select 5 questions to

From the list below, select 5 questions to answer. Each answer must be 1-3 paragraphs in length, double spaced, and in Times New Roman 12 point font. 1. What economic impact does a business have on the economy? Please provide 2-3 examples. 2. How does a monopoly restrict competition? Please provide 2 examples of monopolies and their impact on competition. 3. What are the four (4) stages of the business cycle? Briefly explain each one. 4. What are two economic indicators? Briefly explain each one and components that are included in their calculation. 5. What is the money supply and why is it important? 6. What are exchange rates and how do they affect international business? 7. Explain trade deficit and provide one (1) example

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