The accompanying graph depicts unemployment insurance benefits paid by the U.S. government as a percentage of GDP over time. FRED 2.5 (Personal current transfer receipts: Government social benefits to persons: Unemployment insurance/Gross Domestic Product)*100 (Bil. of $/Bil. of $)*100 2.0 1.5 1.0 0.5 0.0 1980 1990 2000 2000 2010 2020 Source: U.S. Bureau of Economic Analysis Customize | Download Data | FRED - Economic Data from the St. Louis Fed ood. In the historical series, in what year was the most spent on unemployment insurance as a percentage of GDP? Macmillan Learning Year with highest percentage: 2010 Incorrect Answer 0
The accompanying graph depicts unemployment insurance benefits paid by the U.S. government as a percentage of GDP over time. FRED 2.5 (Personal current transfer receipts: Government social benefits to persons: Unemployment insurance/Gross Domestic Product)*100 (Bil. of $/Bil. of $)*100 2.0 1.5 1.0 0.5 0.0 1980 1990 2000 2000 2010 2020 Source: U.S. Bureau of Economic Analysis Customize | Download Data | FRED - Economic Data from the St. Louis Fed ood. In the historical series, in what year was the most spent on unemployment insurance as a percentage of GDP? Macmillan Learning Year with highest percentage: 2010 Incorrect Answer 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question

Transcribed Image Text:The accompanying graph depicts unemployment insurance benefits paid by the U.S. government as a percentage of GDP over
time.
FRED
2.5
(Personal current transfer receipts: Government social benefits to persons:
Unemployment insurance/Gross Domestic Product)*100
(Bil. of $/Bil. of $)*100
2.0
1.5
1.0
0.5
0.0
1980
1990
2000
2000
2010
2020
Source: U.S. Bureau of Economic Analysis
Customize | Download Data | FRED - Economic Data from the St. Louis Fed
ood. In the historical series, in what year was the most spent on unemployment insurance as a percentage of GDP?
Macmillan Learning
Year with highest percentage:
2010
Incorrect Answer
0
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