ECONOMICS: March 26 Warm-up Assume you own a business. What would cause you to stop producing as much output? Economics Learning Target In order to.

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ECONOMICS: March 26 Warm-up Assume you own a business. What would cause you to stop producing as much output? Economics Learning Target In order to understand the causes and consequences of instability in the U.S. economy, I will analyze the business cycle. I will know I have it when I can: (1) draw an appropriately labeled business cycle diagram, including the trend line; (2) list and explain several causes of the business cycle; and (3) know the typical duration of a recession. Ch. 13, Lesson 1 Student Lecture Guide (HO) --business cycle terminology --business cycle diagram --business cycle causes --government steps to deal with economic instability Closure What will likely happen to the poverty rate during a recession? Why? Assignment --read Ch. 13, Lesson 3