Question

0 5 10 15 30 - Country B ---Country A 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Unemployment Rate

Answer 1

14)country A experienced higher cyclic unemployment than country B in the period 2005 - 2007

true, Because In 2005 Country A unemployment rate are 10 than decrease in 2006 and 2007. In 2007 unemployment rate are 8. In 2005 country B unemployment rate are 5 not or small change in 2006 and 2007.

15)Increasing international trade and finacial globalization help explain why the two countries business cycles tend to move together?

false, two countries business cycle tends to move together because they both are on same graph both x axis and y axis are same so they move together.

16) country B experienced an increase in its natural unemployment rate in 2003 and in 2009

true,Because in 2003 and 2009 country A are also experienced an increase in its unemployement so both country experienced increase in unemployement at same time so its natural.

17) In 2010, inflation is likely to have decelerated in both country

false, because country A unemployment rate are increase. inflation are direct affect to employment of country. inflation high means unemployment high.

18) The inflation rate in country A is likely to have been higher than in country B in 2013

true, In 2013 Country B unemployment rate are decreasing and Country A unemployment rate are all time high 26.

so we easily say thats inflation rate are high in 2013 in country A.