**Use the Graphic Attached

Relationship of unemployment and inflation to GDP growth

The graph shows the annual growth rate of the GDP of the United States economy since the first quarter of 1990.

1.How can you represent the concept on this graph with the business cycle phases?

2. What level (high or low) of unemployment could have been registered in some of the periods presented in the graph and why?

3. What level (high or low) of inflation could have been registered in some of the periods presented in the graph and why?

4.How do you correlate your answers in the previous questions with the phases of the economic cycles and their effects in the short and long term?