PLEASE ANSWER THIS QUESTIONS!!

QUESTION 1

The graph shows the plot of Beveridge curves for the US and Germany for the period 2001 Q1 to 2015 Q2.

Divergent 1970s and 1980s Convergent 1990s and 2000s 1973 End of 'golden age' 2002-08 Third oil shock of capitalism 30 SPA IRL 2008 Start of global - - - - ITA financial crisis FRA 23 FIN SWE 1979-80 Second oil shock US - - - - CAN Unemployment rate (%) 15 UK 1973-74 - - - NLD First oil shock - . . NZL GER 8 AUS AUT JPN NOR 0 2010-14 1975-79 1980-84 2000-04 2005-09 1995-99 1960-64 1985-89 1990-94 1965-69 1970-74 Year