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- Expansion. The gdp is rising and unemployment is lowering, and output is steadily increasing, overall the economy is booming.
- im glad i was finally able to find a well paying job, all my friends are making good money and buying thing they want and need.
- Peak. the economy is at its height/peak of expansion. the economic indicators reach their maximum limit of growth and consumers are starting to restructure their budget.
- My job is paying better then ever, and our company is producing more goods then it ever has, however i dont think we will be able to produce at a faster rate and prices of the things i like to buy are increasing.
- my boss has been talking about laying some people off because nobody is buying our products, i decided to sell my house to move into a smaller one
- Recession. the demand for services and goods is steadily declining, producers dont realize this until after their is already a surplus. all of the good economic indicators start to fall.
- for sale
- My boss fired me because he couldn't afford to pay me anymore, I am homeless and cant find a job. its been like this for around a year.
- depression. the economy hasnt been doing well for around a year. unemployment is the lowest its been in a long time. the gdp has fallen below the growth line.
- trough. the economy is at its lowest possible point along with its positive economic indicators. the economy is still below the growth line.
- i am in a terrible situation financially, i dont think it can get much worse. hopefully jobs will start to open up.
- recovery. the positive economic indicators are starting to increase. the economy is on the rise and people are starting to be employed and people are starting to spend their money on goods and services.
- i finally found a job, i was able to buy a house and pay for the things i need. i think that it will only get better from here.
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