RBA. Illustrator Groups in the Labour Market. https://www.rba.gov.au/education/resources/illustrators/pdf/the-business-cycle.pdf
Macroeconomic activity is the actions that generate the production of goods and services, employment and incomes on a large scale. This video explains the two major influences on the business cycle, aggregate demand and aggregate supply, and how they influence expansion and contraction in the economy. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms.