Transcription of TOPIC 1: BUSINESS CYCLE COMPOSITION AND …
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TOPIC 1: BUSINESS CYCLE COMPOSITION AND …
GAUTENG DEPARTMENT OF EDUCATION SENIOR SECONDARY INTERVENTION PROGRAMME ECONOMICS GRADE 12 SESSION 2 (LEARNER NOTES) Page 1 of 15 TOPIC 1: BUSINESS CYCLE COMPOSITION AND REASONS Learner Note: The BUSINESS CYCLE shows what happens to the value of the domestic output (GDP) of the economy over time. The time series shows the values of a variable over time. SECTION A: TYPICAL EXAM QUESTIONS: TOPIC 1: BUSINESS CYCLE COMPOSITION AND REASONS QUESTION 1: 9 minutes (Taken from DoE Nov 2008) Study the diagram below and answer the questions that follow.
gauteng department of education senior secondary intervention programme economics grade 12 session 2 (learner notes) page 1 of 15
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