Need to explain these 3 graphs in own words. ( explain in short ) 4-Data Table and Visual Representation4.1- Data TableIn the table below, we will see the change in the economicdata of the USA from 2017 to 2020.Variable/Year2017 ► 20184-year average2019 - 202055,886 53,748Real GDP/Capita53,36354,95354,488Growth Rate of Real GDP/Capita1,72,51,7-4,30,4Inflation Rate2,132,441,811,231,9Unemployment Rate4,363,93,678,315,06Interest Rate4,23,994,463,724,09Bank Rate3,754,55,54,754,63Exchange Rate118,54109,57114,96115,13144,55Supply of Money3,613,983,993,834.2- Diagrams4.2.1-Real GDP/ Capita Diagram56,5565554,55453,55352,552GDP/Capita2017 2018 2019 20204.2.2-Growth Rate of Real GDP/Capita210Growth Rate of Real GDP/Capital2017 2018 2019 2020Inflation Rate2017 2018 2019 2020-1-24.2.3-Inflation Rate2,521,510.504.2.4- Unemployment Rate

The Real GDP/Capita, Growth rate of Real GDP/Capita, Inflation rates, interest rates, bank rate, etc…

4.1- Data Table In the table below, we will see the change in the economic data of the USA from 2017 to 2020. Variable/Year 2017 2018 2019 2020 4-year average Real GDP/Capita 53,363 54,953 54,488 Growth Rate of Real GDP/Capita 1,7 2,5 0,4 Inflation Rate 2,13 2,44 1,9 4,36 3,9 5,06 Unemployment Rate Interest Rate 4,2 3,99 4,09 Bank Rate 3,75 4,5 4,63 Exchange Rate 118,54 144,55 109,57 3,75 Supply of Money 3,61 3.83 4.2- Diagrams 55,886 1,7 1,81 3,67 4,46 5,5 114,96 3,98 53,748 1,23 8,31 3,72 4,75 115,13 3,99

4.1- Data Table In the table below, we will see the change in the economic data of the USA from 2017 to 2020. Variable/Year 2017 2018 2019 2020 4-year average Real GDP/Capita 53,363 54,953 54,488 Growth Rate of Real GDP/Capita 1,7 2,5 0,4 Inflation Rate 2,13 2,44 1,9 4,36 3,9 5,06 Unemployment Rate Interest Rate 4,2 3,99 4,09 Bank Rate 3,75 4,5 4,63 Exchange Rate 118,54 144,55 109,57 3,75 Supply of Money 3,61 3.83 4.2- Diagrams 55,886 1,7 1,81 3,67 4,46 5,5 114,96 3,98 53,748 1,23 8,31 3,72 4,75 115,13 3,99

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 15RQ: What is the difference between a series of economic data over time measured in nominal terms versus...

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