Problem 5.17
Which of the following have a meso form? (Recall that the -ol suffix refers to an alcohol, ROH.) (a) 2,3-Butanediol (b) 2,3-Pentanediol (c) 2,4-Pentanediol
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Business Cycles and GDP 9/5/17 Business Cycles o Economy moves in different cycles Like a roller coaster Affects unemployment GDP and unemployment are negatively related Phases of the business cycle o Expansion- economy is growing o Peak- turning point from expansion to contraction o Contraction (recession)- growing less than potential or decreasing o Trough- turning point from contraction to expansion One cycle= when you run through all phases (peak to peak or trough to trough) NBER: National Bureau of Economic Research o In charge of “dating” economic cycles
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Chapter 5.7, Problem 5.17 is Solved
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