Examlex

Solved

In Which Quarter of Which Year Did the Prosperity Phase

question 35

Essay

In which quarter of which year did the prosperity phase of the business cycle begin?
 Year  CPI 2015100.02016105.02017112.52018124.32019141.62020148.32021151.22022152.02023152.32024151.82025150.02026145.9\begin{array} { c c } \text { Year } & \text { CPI } \\2015 & 100.0 \\2016 & 105.0 \\2017 & 112.5 \\2018 & 124.3 \\2019 & 141.6 \\2020 & 148.3 \\2021 & 151.2 \\2022 & 152.0 \\2023 & 152.3 \\2024 & 151.8 \\2025 & 150.0 \\2026 & 145.9\end{array}


Definitions:

Collectivist Cultures

are societies that prioritize the group over the individual, emphasizing interdependence, cooperation, and social harmony.

Self-Esteem

An individual's overall subjective evaluation of their own worth.

Collectivist Cultures

Societies in which individuals prioritize the needs and goals of the group over personal desires or ambitions.

Sense of Belonging

A feeling of being accepted and included within a group, community, or space, fostering a sense of identity and support.

Related Questions