Draw Two Different Business Cycles on the Same Graph

question 13

Essay

Draw two different business cycles on the same graph.Show one without countercyclical fiscal policy and one with countercyclical fiscal policy.Referring to your diagram,discuss why governments employ countercyclical fiscal policy.

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Definitions:

Sublease

A transfer of some but not all of a tenant’s remaining right to possess property under a lease.

Assignment

Process of transferring one's interest or benefit in a contract or property to another party, effectively changing the party responsible.

Commercial Property

Commercial property is real estate intended for use in commerce, such as offices, stores, and factories.

Partial Rights

Limited legal entitlements that do not encompass full ownership or control.