Elaborate with examples on the component of Business cycle of the economy

Consider an economy that produces only computers. The quantity of computers and the price of computers in four successive years are given in the table. A. Calculate the Nominal GDP and Real GDP. What trends do you observe? Show all your calculations. B. Calculate the growth rate of nominal GDP for 2015, 2016, and 2017. Round your answers to one decimal place. What trends do you observe? C. Calculate the growth rate of real GDP for 2015, 2016, and 2017. Round your answers to one decimal place. What trends do you observe? Thank you soso much!! :)

Discuss in depth the three instruments used to determine the "health" or performance of our economy. Be sure to include the equation or index used measure them, why they are important, and how they affect the business cycle.

What is business cycle in economics and what are the four phases of business cycle?

Based on the pictures of the graphs consulted, comment what is expected from the American economy in the next years in general terms. Are there differences in the forecasts? How do you think the state will act in the future based on the chart variables that inform us about its behavior? What will the behavior of families and companies be like?  Write in an essay form after all the questions have been answered.  Using these graphs provided, Answer the questions in an essay format, comparing the two.

Describe the various components of fluctuations in economic activity over time. Because economic activity fluctuates, how is long-term growth possible?

1. Explain the business Cycle and its components in detail.