Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
The graphs show that by the end of the decade, the nation’s economy was B. suffering from rising unemployment and high inflation.
Measuring a nation's economy
A nation's economy can be measured using:
- Gross Domestic Product
- Consumer Price Index (CPI) for inflation
- Unemployment rate.
These macroeconomic indicators can be graphed to demonstrate the measurement pictorially.
Data:
Unemployment Rate
Year %
1974 5.6
1975 8.5
1976 7.9
1977 7.4
1978 6.4
1979 5.9
1980 6.9
Inflation Rate
Year %
1976 5.5
1977 6
1978 7.5
1979 11
1980 14
Thus, the graphs show that by the end of the decade, the nation’s economy was B. suffering from rising unemployment and high inflation.
Learn more about the measurement of the economy at https://brainly.com/question/2642262
#SPJ1
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.