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Economics

Predictions of inflation, unemployment, and RGDP

Illustrate them in a table against the last five years and respond to the following two questions:

a. Calculate the changes in inflation rates, unemployment rates and the RGDP growth rates for the years from Year 2001 through 2005 and illustrate them in a new column at the end of the table of data.

b. Based on those calculations, briefly describe the overall economic performance over the last five years and critically predict about these three macroeconomic variables for the coming years.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9205428

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