label each blank with an event that would occur at the given point on the graph: a. housing prices collapse…

label each blank with an event that would occur at the given point on the graph: a. housing prices collapse b. unemployment on the rise c. high unemployment rate, businesses closing d. businesses are hiring again e. bankruptcies f. inflation is creeping up g. stock market record highs h. full employment i. stock market starts going up again

label each blank with an event that would occur at the given point on the graph: a. housing prices collapse b. unemployment on the rise c. high unemployment rate, businesses closing d. businesses are hiring again e. bankruptcies f. inflation is creeping up g. stock market record highs h. full employment i. stock market starts going up again

Answer

Brief Explanations:

In an economic cycle, during prosperity, housing prices rise, stock market reaches record highs and full - employment occurs. During depression, unemployment is high, businesses are closing, there are bankruptcies and inflation creeps up. Recovery sees the stock market starting to go up again and hiring resumes.

Answer:

a. Housing prices collapse - Depression b. Unemployment on the rise - Depression c. High unemployment - Depression d. Businesses are closing - Depression e. Bankruptcies - Depression f. Inflation is creeping up - Depression g. Stock market record highs - Prosperity h. Full employment - Prosperity i. Stock market starts going up again - Recovery (not explicitly labeled in the given sub - fields but a part of the economic cycle transition)