business cycles and unemployment

Choose a country to research using World Facts Book or Trading Economics. Please answer the following questions in your initial post.

  • What are the different phases of the business cycle?
  • What is your countrys current phase of the business cycle? (Please support your answer.)
  • How is unemployment calculated?
  • What are the different types of unemployment?
  • Which type of unemployment has the greatest impact on your chosen country and why?