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Hurry!!!! (economics) This graph shows changes in GDP and the unemployment rate in the United States in recent years. A graph titled Annual Change in U S Unemployment and G D P …
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Hurry!!!! (economics) This graph shows changes in GDP and the unemployment rate in the United States in recent years. A graph titled Annual Change in U S Unemployment and G D P …
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Jul 11, 2023
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Hurry!!!! (economics) This graph shows changes in GDP and the unemployment rate in the United States in recent years.
A graph titled Annual Change in U S Unemployment and G D P from 2005 to 2012 has year on the x-axis and percent of change on the y-axis, from negative 4 to 4 in increments of 2. Between 2008 and 2009 the G D P decreased by about 3 percent. Between 2008 and 2009, the unemployment rate increased about 1.5 percent. When unemployment was at the highest point, G D P was at the lowest point.
Which statement most accurately describes the trends shown on this graph?
When GDP falls, unemployment rises.
GDP and unemployment have little to do with each other.
When GDP rises, unemployment rises as well.
GDP and unemployment rise at times of world crises.
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Answer:
A. When GDP falls, unemployment rises.
Step-by-step explanation:
Johnny Bou
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Jul 15, 2023
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