Analyze the unemployment rate between country A and b Country A data Year Unemployment Rate (%) Annual Change 2021 8.50% 2.37% 2020 6.13% -0.23% 2019 6.36% 0.50% 2018 5.86% 0.03% 2017 5.83% -1.45% 2016 7.28% -0.33% 2015 7.61% 0.89% 2014 6.72% -0.63% 2013 7.35% 0.63% 2012 6.72% 0.63% 2011 6.09% 0.88% 2010 5.21% -0.26% 2009 5.47% 0.71% 2008 4.76% -0.40% 2007 5.16% -0.49% 2006 5.65% -0.94% 2005 6.59% 0.29% 2004 6.30% -0.64% 2003 6.94% 0.16% 2002 6.78% -0.48% 2001 7.26% 0.83% 2000 6.43% 0.04% Country B data Year Unemployment Rate (%) Annual Change 2021 10.41% 0.04% 2020 10.38% 1.97% 2019 8.41% 0.09% 2018 8.32% -0.30% 2017 8.62% 0.37% 2016 8.25% -1.55% 2015 9.80% -2.37% 2014 12.17% 0.62% 2013 11.55% -0.04% 2012 11.59% 0.40% 2011 11.19% 0.50% 2010 10.69% 0.67% 2009 10.02% 1.90% 2008 8.12% 0.71% 2007 7.41% -1.32% 2006 8.73% -0.35% 2005 9.08% -0.49% 2004 9.57% -1.43% 2003 11.00% 0.68% 2002 10.32% 0.47% 2001 9.85% 0.50% 2000 9.35% -1.26%
Analyze the unemployment rate between country A and b Country A data Year Unemployment Rate (%) Annual Change 2021 8.50% 2.37% 2020 6.13% -0.23% 2019 6.36% 0.50% 2018 5.86% 0.03% 2017 5.83% -1.45% 2016 7.28% -0.33% 2015 7.61% 0.89% 2014 6.72% -0.63% 2013 7.35% 0.63% 2012 6.72% 0.63% 2011 6.09% 0.88% 2010 5.21% -0.26% 2009 5.47% 0.71% 2008 4.76% -0.40% 2007 5.16% -0.49% 2006 5.65% -0.94% 2005 6.59% 0.29% 2004 6.30% -0.64% 2003 6.94% 0.16% 2002 6.78% -0.48% 2001 7.26% 0.83% 2000 6.43% 0.04% Country B data Year Unemployment Rate (%) Annual Change 2021 10.41% 0.04% 2020 10.38% 1.97% 2019 8.41% 0.09% 2018 8.32% -0.30% 2017 8.62% 0.37% 2016 8.25% -1.55% 2015 9.80% -2.37% 2014 12.17% 0.62% 2013 11.55% -0.04% 2012 11.59% 0.40% 2011 11.19% 0.50% 2010 10.69% 0.67% 2009 10.02% 1.90% 2008 8.12% 0.71% 2007 7.41% -1.32% 2006 8.73% -0.35% 2005 9.08% -0.49% 2004 9.57% -1.43% 2003 11.00% 0.68% 2002 10.32% 0.47% 2001 9.85% 0.50% 2000 9.35% -1.26%
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Analyze the
Country A data
Year | Unemployment Rate (%) | Annual Change |
---|---|---|
2021 | 8.50% | 2.37% |
2020 | 6.13% | -0.23% |
2019 | 6.36% | 0.50% |
2018 | 5.86% | 0.03% |
2017 | 5.83% | -1.45% |
2016 | 7.28% | -0.33% |
2015 | 7.61% | 0.89% |
2014 | 6.72% | -0.63% |
2013 | 7.35% | 0.63% |
2012 | 6.72% | 0.63% |
2011 | 6.09% | 0.88% |
2010 | 5.21% | -0.26% |
2009 | 5.47% | 0.71% |
2008 | 4.76% | -0.40% |
2007 | 5.16% | -0.49% |
2006 | 5.65% | -0.94% |
2005 | 6.59% | 0.29% |
2004 | 6.30% | -0.64% |
2003 | 6.94% | 0.16% |
2002 | 6.78% | -0.48% |
2001 | 7.26% | 0.83% |
2000 | 6.43% | 0.04% |
Country B data
Year | Unemployment Rate (%) | Annual Change |
---|---|---|
2021 | 10.41% | 0.04% |
2020 | 10.38% | 1.97% |
2019 | 8.41% | 0.09% |
2018 | 8.32% | -0.30% |
2017 | 8.62% | 0.37% |
2016 | 8.25% | -1.55% |
2015 | 9.80% | -2.37% |
2014 | 12.17% | 0.62% |
2013 | 11.55% | -0.04% |
2012 | 11.59% | 0.40% |
2011 | 11.19% | 0.50% |
2010 | 10.69% | 0.67% |
2009 | 10.02% | 1.90% |
2008 | 8.12% | 0.71% |
2007 | 7.41% | -1.32% |
2006 | 8.73% | -0.35% |
2005 | 9.08% | -0.49% |
2004 | 9.57% | -1.43% |
2003 | 11.00% | 0.68% |
2002 | 10.32% | 0.47% |
2001 | 9.85% | 0.50% |
2000 | 9.35% | -1.26% |
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