12. Figure 42-1 tracks the unemployment rate in the years before and after the Panic of 1893...

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12. Figure 42-1 tracks the unemployment rate in the years before and after the Panic of 1893 in the United States and the banking crisis of 1991 in Sweden.

a. In Figure 42-1, how many years after the Panic of 1893 did unemployment peak in the United States?

b. In Figure 42-1, how many years after the banking crisis of 1991 did unemployment peak in Sweden?

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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