Economy A has reported the following data for unemployment and vacancy rate over time: Year Unemployment Rate Vancacy Rate 2000 0.07 0.04 2001 0.06 0.04 2002 0.05 0.05 2003 0.06 0.05 2004 0.07 0.06 2005 0.06 0.05 2006 0.05 0.05 2007 0.04 0.04 2008 0.03 0.04 2009 0.02 0.03 2010 0.03 0.03 2011 0.03 0.04 2012 0.03 0.03 2013 0.04 0.03 2014 0.05 0.05 2015 0.07 0.06 2016 0.08 0.05 2017 0.09 0.06 2018 0.09 0.07 2019 0.06 0.04 2020 0.05 0.04 Is Economy A's displaying a Beveridge curve (like the United States)? O No: in the USA vancancy and unemployment rates are negatively correlated. In Economy A, they are positively correlated O No: in the USA vancancy and unemployment rates are positively correlated. In Economy A, they are negatively correlated O Yes: both in the USA and in Economy A vancancy and unemployment rates are negatively correlated O Yes: both in the USA and in Economy A vancancy and unemployment rates are positively correlated

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Economy A has reported the following data for unemployment and vacancy rate over time:
Year
Unemployment Rate Vancacy Rate
2000
0.07
0.04
2001
0.06
0.04
2002
0.05
0.05
2003
0.06
0.05
2004
0.07
0.06
2005
0.06
0.05
2006
0.05
0.05
2007
0.04
0.04
2008
0.03
0.04
2009
0.02
0.03
2010
0.03
0.03
2011
0.03
0.04
2012
0.03
0.03
2013
0.04
0.03
2014
0.05
0.05
2015
0.07
0.06
2016
0.08
0.05
2017
0.09
0.06
2018
0.09
0.07
2019
0.06
0.04
2020
0.05
0.04
Is Economy A's displaying a Beveridge curve (like the United States)?
O No: in the USA vancancy and unemployment rates are negatively correlated. In Economy A, they are
positively correlated
O No: in the USA vancancy and unemployment rates are positively correlated. In Economy A, they are
negatively correlated
Yes: both in the USA and in Economy A vancancy and unemployment rates are negatively correlated
O Yes: both in the USA and in Economy A vancancy and unemployment rates are positively correlated
Transcribed Image Text:Economy A has reported the following data for unemployment and vacancy rate over time: Year Unemployment Rate Vancacy Rate 2000 0.07 0.04 2001 0.06 0.04 2002 0.05 0.05 2003 0.06 0.05 2004 0.07 0.06 2005 0.06 0.05 2006 0.05 0.05 2007 0.04 0.04 2008 0.03 0.04 2009 0.02 0.03 2010 0.03 0.03 2011 0.03 0.04 2012 0.03 0.03 2013 0.04 0.03 2014 0.05 0.05 2015 0.07 0.06 2016 0.08 0.05 2017 0.09 0.06 2018 0.09 0.07 2019 0.06 0.04 2020 0.05 0.04 Is Economy A's displaying a Beveridge curve (like the United States)? O No: in the USA vancancy and unemployment rates are negatively correlated. In Economy A, they are positively correlated O No: in the USA vancancy and unemployment rates are positively correlated. In Economy A, they are negatively correlated Yes: both in the USA and in Economy A vancancy and unemployment rates are negatively correlated O Yes: both in the USA and in Economy A vancancy and unemployment rates are positively correlated
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