Business Foundations #1

So we spoke a little bit about the economy over the last couple of days, click on the link below, read the article, and see what the experts are saying. Then come back to the blog and post your response to the questions below.

http://abclocal.go.com/kgo/story?section=business&id=4513496


1. How do you think this article relates to the “spiral effect” we spoke about in class?

2. After reading the article how would you describe where we are in the business cycle? Why?

3. After reading this article do you think the economy is going to improve decline over the next year? Why do you feel that way?