Analyst Questions

There are basically two important phases in a business cycle that are prosperity and depression. The other phases that are expansion, peak, trough and recovery are intermediary phases.

Expansion is a phase in which, when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak.

Judaism is one of the oldest monotheistic religions and was founded over 3500 years ago in the Middle East.

Jews believe that God appointed the Jews to be his chosen people in order to set an example of holiness and ethical behaviour to the world.

Commission is charged with regulating business.

The demand curve facing a perfectly competitive firm is a horizontal straight line equal to the equilibrium price of the entire market because a perfectly competitive firm can sell all units brought to market at the same price.

Black Power Movement can be termed as a cultural revolution that changed African American’s view about blackness. This movement encouraged them to be proud of their history, culture, and identity and celebrate their uniqueness.

The cultural influence came from the black power movement is Pride in Blackness.