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V3 Instructions: Change the Start Date in the Time Period box to the year 1985 and press 'Plot Data.' Switch the Recession Year(s) button to
V3
Instructions: Change the Start Date in the Time Period box to the year 1985 and press 'Plot Data.' Switch the Recession Year(s) button to ON. In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. b) Look at the graph and check all that apply from the list below. D The unemployment rate starts to fall before a recession ends. I: The unemployment rate rises during recessions, D The unemployment rate remains constant during a recession. Understanding Macroeconomic Data MACROECONOMIC DATA Recession Year(s) Off Year 1950 1963 1976 1989 2002 2015Instructions: Select the Unemployment Rate series and plot it for the entire data range. Switch the Recession Year(s) button to ON. In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. a) Look at the graph and check all that apply from the list below. [3 Over the entire period, the unemployment rate has mostly been between 4% and 8% of the labor force. D Over the entire period, the unemployment rate has shown a distinct downward trend. D Over the entire period, the unemployment rate has always been greater than zero. [3 Over the entire period, the unemployment rate has mostly been below 4%Step by Step Solution
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