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Figure 1217: Real GDP and Non-Farm Employment (1999

Question 125

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Figure 12.17: Real GDP and Non-Farm Employment (1999.07 = 100) Figure 12.17: Real GDP and Non-Farm Employment (1999.07 = 100)    (Source: Federal Reserve Economic Data, St. Louis Federal Reserve) -Figure 12.17 shows quarterly real GDP and non-farm employment from 1999.07-2007.07. Discuss what is notable about this relationship.
(Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Figure 12.17 shows quarterly real GDP and non-farm employment from 1999.07-2007.07. Discuss what is notable about this relationship.

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As can be seen, real GDP recovered relat...

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