Country A Time/Year Units Unemployment Economic/GDP (% of total labor Growth (Annual force) %) 2007 6.04 6.869 2008 6.14 1.008 2009 8.34 -2.928 2010 8.06 3.089 2011 7,51 3.147 2012 7.29 1.762 2013 7.07 2.329 2014 6.91 2.87 2015 6.91 0.659 2016 7 1.001 Country B Time/Year Units Unemployment (% of total labor force) Economic/GDP Growth (Annual %) 2007 9.75 1.432 2008 10.33 -0.812 2009 11.36 -4.345 2010 12.37 -1.457 2011 12.7 1.73 2012 13.93 -0.614 2013 15.25 0.518 2014 13.75 0.69 2015 13.51 0.921 2016 13.19 1.375

Country A Time/Year Units Unemployment Economic/GDP (% of total labor Growth (Annual force) %) 2007 6.04 6.869 2008 6.14 1.008 2009 8.34 -2.928 2010 8.06 3.089 2011 7,51 3.147 2012 7.29 1.762 2013 7.07 2.329 2014 6.91 2.87 2015 6.91 0.659 2016 7 1.001 Country B Time/Year Units Unemployment (% of total labor force) Economic/GDP Growth (Annual %) 2007 9.75 1.432 2008 10.33 -0.812 2009 11.36 -4.345 2010 12.37 -1.457 2011 12.7 1.73 2012 13.93 -0.614 2013 15.25 0.518 2014 13.75 0.69 2015 13.51 0.921 2016 13.19 1.375

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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