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Principles of Macroeconomics

Mar 2, 2022 | Business Finance - Economics | 0 comments

Mar 2, 2022 | Business Finance - Economics | 0 comments

Principles of Macroeconomics

The graphs and data are giving and there are only 2 questions. Do not need long paragraph. It should be fine with 150 words for each question. Due date is today by 10:00 pm. 11/7/2019 by 10:00pm.  
Questions:
1.  What is your overall impression of the Real GDP/per capita graph; what are the implications of this on the standard of living in the USA;

2.  based on the Real GDP per capita graph with reference to the CPI/inflation rate and the unemployment rate/employment-population ratio graphs, explain which recessions you think were the worst over the last 50 years.

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