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- Is inflation likely to be a severe problem for at least some high-income economies in the near future?repare a table and line graph showing the unemployment and economic growth rate for a Caribbean country and a developed country (other than the US) for the last 5 years. Examine the relationship between unemployment and economic growth observed between the two countries.J 4 ‘If workers accepted lower wages, there would be no unemployment.’ Discuss
- Describe the current state of two economic indicators [ i.e. inflation] in the Philippines and how they affect the economy as a whole. (Essay type)Describe the current state of two economic indicators [ i.e. inflation] in the Philippines and how they affect the economy as a whole. (2 paragraphs)S country's real GDP rose from 500 to 550, while its nominal GDP increased from 600 to 770. What is the country's inflation rate? A.) 16.7% B.) 20% C.) -14% D.) -20%