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Economics, 6/e
Stephen L. Slavin

Economic Fluctuations, Unemployment, And Inflation

Chapter 10 - Economic Fluctuations, Unemployment, and Inflation



1

The low point of a business cycle is called the and the high point is called the .
2

The three phases of the business cycle are , , and .
3

For most of the late 1990s through 2000 our unemployed rate has hovered around percent.
4

For most years since the early 1990s our rate of inflation has been below percent.
5

The misery index in 2000 was about .