Peret The foure on the right plots monhy data from RED on the unemployment te red) and the ntation ate bue)tom Junie 2011 tn Jne 2013 US hempymer Retes omun ecording to the figue the trend in he uemoyment paobe downwand upard indmate

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter7: Production And Growth
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11
Pertert
The fgure on the right plots monhly data from ERED on the uneomploymant te (red) and the ination
rato blue) tom June 2011 n une 2013.
US Lhemployttent (re) and nhunon )
Rales hom June 2011 to Aun 2013
Ancording to the figue, the trend in the uremoyment ae appearo be
downward
upard
indeamnate
a oni in
Mantha
*Ra me data provided by Fedecal Reserve Economie Data FRED Federal Reserver Bar
Transcribed Image Text:Pertert The fgure on the right plots monhly data from ERED on the uneomploymant te (red) and the ination rato blue) tom June 2011 n une 2013. US Lhemployttent (re) and nhunon ) Rales hom June 2011 to Aun 2013 Ancording to the figue, the trend in the uremoyment ae appearo be downward upard indeamnate a oni in Mantha *Ra me data provided by Fedecal Reserve Economie Data FRED Federal Reserver Bar
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