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  • Tugas 1 Bahasa Inggris

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    Kang Akang
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    The document discusses the use of business cycles to measure economic performance. It agrees that business cycles are an effective tool because they track economic fluctuations in areas like production, income, and employment that typically last 2-10 years. These cycles alternate between periods of economic contraction and expansion. While cycles are inevitable, their negative impacts can be minimized by managing the cycles to stabilize patterns and limit deviations from long-term output trends, allowing continued economic growth overall.

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    TUGAS 1 BAHASA INGGRIS

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    The document discusses the use of business cycles to measure economic performance. It agrees that business cycles are an effective tool because they track economic fluctuations in areas like production, income, and employment that typically last 2-10 years. These cycles alternate between periods of economic contraction and expansion. While cycles are inevitable, their negative impacts can be minimized by managing the cycles to stabilize patterns and limit deviations from long-term output trends, allowing continued economic growth overall.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    4 views1 page

    Tugas 1 Bahasa Inggris

    Uploaded by

    Kang Akang
    The document discusses the use of business cycles to measure economic performance. It agrees that business cycles are an effective tool because they track economic fluctuations in areas like production, income, and employment that typically last 2-10 years. These cycles alternate between periods of economic contraction and expansion. While cycles are inevitable, their negative impacts can be minimized by managing the cycles to stabilize patterns and limit deviations from long-term output trends, allowing continued economic growth overall.

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    © All Rights Reserved
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    NAMA : SULTON ARDI SADEWO

    Business cycle is the most powerful tool to measure economic performance

    Do you agree or disagree with the statement?

    YES I STRONGLY AGREE, BECAUSE Economic cycles are economic fluctuations that hit national
    production, income, employment opportunities, which usually last for 2 to 10 years, which are marked
    by contraction and expansion in all economic sectors. The economic cycle is unavoidable, what can be
    done is to manage the cycle so that its negative impact can be minimized, while trying to maintain a
    stable cycle pattern to increase. In a sense, the deviation of the up and down movement of output is
    attempted not to be too wide, while the long-run trend of output continues to increase.

    The vertical axis in the diagram is the real output. While the straight line is the natural output trend. In
    the beginning, the fluctuations in output were very large, because the cycle deviations during the period
    were very large. However, due to good management, deviations in the next period will be smaller, while
    the economy is able to maintain long-term growth because natural output continues to increase.

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