Imagine that a friend asks you for investment advice. he has $10,000 to invest and he has about 35 years before he will be ready for his financial goal of early retirement. what types of investments would you recommend to your friend? why? what other investing advice would you give him to him achieve his financial goals?

It depends on the risk that individual is ready to accept. with 35 years to go I would start with aggressive high tech companies mutual fund 75%, 20% corporate bonds and 5% obligations of US government. With time I would decrease high tech fund and increase corporate bonds. The main point is diversification that lowers risk.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answerstructural and frictional unemployment;