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Using the data below, complete the graph and answer three questions: Unemployment Real GDP Year Rate Growth Rate 2006 4.6 2.9 200? 4.6 1.9 2008
Using the data below, complete the graph and answer three questions: Unemployment Real GDP Year Rate Growth Rate 2006 4.6 2.9 200? 4.6 1.9 2008 5.8 -0.1 2009 9.3 -2.5 2010 9.6 2.6 2011 8.9 1.6 2012 8.1 2.2 2013 7.4 1.8 2014 6.2 2.5 2015 5.3 3.1 2016 4.9 1.? 201?r 4.4 2.3 2018 3.9 3.0 2019' 3.7 2.2 Illustrate both the unemployment rate and the real GDP growth rate for 20152019 on the accompanying graph. Instructions: (1) Use the tools provided 'UR' and 'Growth' to plot the unemployment rate (UR) and the real GDP growth rate (Growth) for the 5-year period 20152019. Plot ve points for each curve (plot 10 points total). (2) To earn full credit for this graph, you must plot all required points for each curve. Round up or down to the nearest 0.25% (e.g., round 1.6% to 1.5%, 5.3% to 5.25%, etc). U/ 5_0 Tools 5.5 / / 5.0 4-5 UR Growth 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 l I l l 2015 2016 2017 2018 2019 GDP Growth and Unemployment Rate Year a. From 2009 to 2019, in how many years was "full employment\" achieved? (Use the current benchmark of 4696.) 0 9 years 0 5 years 0 8 years O 3 years b. Unemployment and growth rates tend to move in opposite directions. From 2009 to 2019, which appears to change direction first? 0 GDP and unemployment move in the same direction. O GDP changes rst. 0 Unemployment changes rst. c. From 2009 to 2019, in how many years does the unemployment rate increase even when output is increasing? 0 1 year 0 4 years 0 2 years 0 5 years
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