BUKU JAWABAN TUGAS MATA KULIAH

TUGAS 1

Nama Mahasiswa : MUHAMMAD RIYANDI RIDHANI

Nomor Induk Mahasiswa/ NIM : 043012708

Kode/Nama Mata Kuliah : ADBI4201 / BAHASA INGGRIS NIAGA

Kode/Nama UPBJJ : 049 / BANJARMASIN

Masa Ujian : 2020/21.2 (2022.1)

KEMENTERIAN PENDIDIKAN DAN KEBUDAYAAN

UNIVERSITAS TERBUKA
1. Understanding Business Cycle really helps business people to operate hisbusiness
successfully.
Do you agree or disagree to the statement?

Yes, I agree that Understanding Business Cycle really helps business succesfully because for
business we cannot take the wrong step. A businessman must know thebusiness cycle in
order to keep abreast of world business development.

The business cycle is also called the economic cycle or the trade cycle. In a simple business
cycle can be interpreted as a series of economic conditions that occurrepeatedly, constantly,
and regularly in a certain period. Although repeated, the length ofthe business cycle cannot
be predicted or determined with certainty. The variable used as a benchmark for the
business cycle is the real Gross Domestic Product (GDP) growth rate.

Economic fluctuations in each country occur between periods of expansion and contraction.
Changes in economic conditions are caused by the level of employment, productivity, and
demand for the supply of goods and services in a country. In the short term, this change has
a positive impact on economic growth, as it causes the country's economy to enter a period
of expansion and recession. But in the long term, a fluctuating economy can trigger
economic growth, because the authorities of a country can have the opportunity to increase
its potential output from time to time.

In the history of the world economy, business cycles have occurred between 3 to 5 years in
one cycle period. In the period of the business cycle, the duration of the economic recession
is about 11 months. The formulation and implementation of appropriate fiscal and
implementation policies can shorten the period of economic recession and early preparation
for economic recovery