Identify what happens to unemployment Year Real GDP in Billions GDP Growth Rate Unemployment Rate 1 5,839 -.2 5,987 2.5 5,870 -2 4 6.136 4.3

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
Problem 5SQP
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Identify what happens to unemployment
Identify what happens to unemployment
Year Real GDP in Billions GDP Growth Rate Unemployment Rate
1
5,839
-.2
5,987
2.5
5,870
-2
6,136
4.3
:: Increasing
:: Decreasing
Transcribed Image Text:Identify what happens to unemployment Year Real GDP in Billions GDP Growth Rate Unemployment Rate 1 5,839 -.2 5,987 2.5 5,870 -2 6,136 4.3 :: Increasing :: Decreasing
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