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thank you. Table 1| Quarterly real GDP (billions of dollars) m Real GDP (billions of dollars) _m (a) Describe the pattern of the real GDP

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Table 1| Quarterly real GDP (billions of dollars) m Real GDP (billions of dollars) _m (a) Describe the pattern of the real GDP from periods 3 to 5 and also from periods 8 to 9. Explain in your answer whether there is a recession or not for each period. (3 marks) (b) Using real world examples, discuss costpush ination and its likely impact on the price level and GDP. (4 marks) (c) Do you agree that one goal of macroeconomics should be to reduce the measured unemployment rate to zero? Why or why not

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