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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

Retrieve the unemployment data from The World Bank database (http ://databank.worldbank.org/data/ home.aspx) for India, Spain, and South Africa for Chapter 32, Problem 34P, Retrieve the unemployment data from The World Bank database (http ://databank.worldbank.org/data/ Prepare a chart that compares India, Spain, and South Africa based on the data. Describe the key differences between the countries. Rank these countries as high-, medium-, and low-income countries. Explain what is surprising or expected about this data. How did the Great Recession impact these countries?

To determine

To study: The data from The World Bank database for India, Spain, and South Africa for the year 20112015 about the unemployment in the countries.

Explanation

The data provided below is taken from the link of The World Bank database in respect to India, Spain, and South Africa in regard to unemployment:

    Country  2011  2012  2013  2014  2015
    India  3.53  3.62  3.46  3.41  3.49
    Spain  21

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