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(5 points) By comparing Figure 1 with Figure 2, determine whether Figure 2A is for full-time employment or for part-time employment. Justify your answer. (2.B.)
(5 points) By comparing Figure 1 with Figure 2, determine whether Figure 2A is for full-time employment or for part-time employment. Justify your answer. (2.B.) (14 points) Based on Figure 1 and Figure 2 and your answer to (2.A.), provide an educated guess to state if each type of employment (full-time and part-time) is 1. more volatile than real GDP, less volatile than real GDP, or about as volatile as real GDP 2. procyclical, countercyclical, or acyclical 3. coincident, leading, or lagging 3
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