Refer to the information for this hypothetical economy provided in Table 5.1 below to answer the questions that follow.
Table 5.1
2010 2011 2012

-Refer to Table 5.1.The period from after the fourth quarter of 2010 until before the first quarter of 2012 can be categorized as a period of
A)high inflation.
B)low unemployment.
C)high production.
D)high unemployment.

Question

Refer to the information for this hypothetical economy provided in Table 5.1 below to answer the questions that follow.
Table 5.1
2010 2011 2012
 
-Refer to Table 5.1.The period from after the fourth quarter of 2010 until before the first quarter of 2012 can be categorized as a period of
A)high inflation. 
B)low unemployment. 
C)high production. 
D)high unemployment.

Quizplus · Accepted Answer

From Table 5.1, we can see that unemployment rate increased from 9.4% in Q4 2010 to 9.9% in Q1 2012, indicating a period of high unemployment.

Refer to the Information for This Hypothetical Economy Provided in Table