Question

Using the data below, complete the graph and answer three questions: Year Unemployment Rate Real GDP...

Using the data below, complete the graph and answer three questions:

Year Unemployment
Rate
Real GDP
Growth Rate
2006 4.6 2.7
2007 4.6 1.8
2008 5.8 −0.3
2009 9.3 −2.8
2010 9.6 2.5
2011 8.9 1.6
2012 8.1 2.3
2013 7.4 2.2
2014 6.2 2.4
2015 5.3 2.6
2016 4.9 1.6


Illustrate both the unemployment rate and the real GDP growth rate for each year on the accompanying graph.

Instructions: (1) Use the tools provided to plot the unemployment rate 'UR' and real GDP growth rate 'Growth' for the 5-year period 2012–2016. Plot five points for each curve (plot 10 points total). (2) To earn full credit for this graph, you must plot all required points for each curve (plot 5 points for each curve). Round up or down to the nearest 0.25% (e.g., round 1.6% to 1.5% and 5.3% to 5.25%).

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Answer #1

Year wise Unemployment rate and real GDP grwoth rate 9.3 9.6 g 9.6 8.9 8.1 74 6.2 4.6 5.3 4.6 5.8 4.9 2.5 16 23 22 24 2.6 -0.

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