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Chart with economic indicators: Here are some of the indicators that the diploma exam will most likely present: GNP or GDP: shows the strength of
Chart with economic indicators: Here are some of the indicators that the diploma exam will most likely present: GNP or GDP: shows the strength of the economy or economic growth Inflation: shows economic growth Unemployment: will give insight into whether a recession is happening or not Interest rate: gives insight into what the government is doing to slow down or speed up the economy. Annual Growth Rate of GDP nation1: 5.84 nation 2: 2.78 nation 3:0.91 nation 4: 2.82. Unemployment Rate (yearly average) nation1: 3.28 nation2: 5.36 nation 3: 8.47 nation 4: 4.92. Annual Rate of Inflation Nation1:7.36% Nation 2: 3.31% Nation 3: 2.34% Nation 4:3.65% Central Bank Interest Rate (yearly average) Nation1:6.75% Nation 2:4.55% Nation3:3.14% Nation 4:3.96%. In which of the nations does it appear that government monetary policy is being used to slow economic expansion? (monetary policy= interest rate). A) nation 2 B)nation 1 C)nation3 D) nation 4
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