Solve

Unit 4 Review For each scenario, determine the stage of the business cycle, the actions of the Federal spending. Reserve, and the fiscal policy that Congress should take, in regards to taxes and government Stage of the Business Cycle:( Recession or Recovery) Household income +500 Unemployment Rate Corporate Profits +3% Inflation Rate 2.5% Tax Collections (Up or down) Discount Rate (Up or down) Government Spending (Up or down) Sell/Buy Bonds (Buy Bonds or Sell Bonds)ll 2. Stage of Business Cycle: Household income +700 Unemployment Rate 2% Corporate Profits +4% Inflation Rate 8% Tax Collections Discount Rate Government Spending Sell/Buy Bonds 3. Stage of Business Cycle: Household income -700 Unemployment Rate 8% Corporate Profits -2% Inflation Rate +2% Tax Collections Discount Rate Government Spending Sell/Buy Bonds 4. Stage of Business Cycle: -1000 Unemployment Rate 11% Household income Corporate Profits -10% Inflation Rate -2% Discount Rate Tax Collections Sell/Buy Bonds Government Spending 5. Stage of Business Cycle: 2% +1200 Unemployment Rate Household income +12% +15% Inflation Rate Corporate Profits Discount Rate Tax Collections Sell/Buy Bonds Government Spending