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Can you help with the questions related to the relationship of joblessness and expansion to gross domestic product development? Please, see instructions below: The accompanying

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Can you help with the questions related to the relationship of joblessness and expansion to gross domestic product development? Please, see instructions below:

image text in transcribed
The accompanying diagram underneath shows the yearly development pace of the GDP of the US., economy since the main quarter of 1990. Annual Percentage Change in U.S. Real GDP [Quarter-Annual] Annual Percentage Change Q1- 2000 Q1- 2020 Q1- 1990 Q1- 2014 Q1- 2004 Q1- 1996 Q1- 2016 Q1- 2002 Q1- 2010 Q1- 2008 Q1- 2018 Q1- 1992 Q1- 1994 Q1- 2006 Q1- 1998 Q1- 2017 1. Based the periods of the economic cycle, how might you address the idea in this diagram? Please, clarify your answer broadly showing why. II. Without fundamentally having the mathematical information, what level (high or low) of joblessness might have been enlisted in a portion of the periods introduced in the diagram? Please, clarify your answer broadly showing why. III. Without essentially having the mathematical information, what level (high or low) of inflation might have been enlisted in a portion of the periods introduced in the chart? Please, clarify your answer widely showing why. IV. How would you connect your answers in the past questions with the periods of economic cycles and their belongings in the short and long run? Please, clarify your answer widely showing why. Notes: Present an accurate and specific answer, demonstrating a thorough and substantial understanding of the required concepts. Please, watch grammar, spelling and morphosyntax

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