Chapter 10 - Economic Fluctuations, Unemployment, and Inflation

1		The low point of a business cycle is called the and the high point is called the .
2		The three phases of the business cycle are , , and .
3		For most of the late 2005 our unemployed rate has hovered around percent.
4		For most years since the early 1990s our rate of inflation has been below percent.
5		In 2005 the misery index was about .