4.1- Data Table In the table below, we will see the change in the economic data of the USA from 2017 to 2020. Variable/Year 2017 2018 2019 2020 4-year average Real GDP/Capita 53,363 54,953 54,488 Growth Rate of Real GDP/Capita 1,7 2,5 0,4 Inflation Rate 2,13 2,44 1,9 4,36 3,9 5,06 Unemployment Rate Interest Rate 4,2 3,99 4,09 Bank Rate 3,75 4,5 4,63 Exchange Rate 118,54 144,55 109,57 3,75 Supply of Money 3,61 3.83 4.2- Diagrams 55,886 1,7 1,81 3,67 4,46 5,5 114,96 3,98 53,748 1,23 8,31 3,72 4,75 115,13 3,99
4.1- Data Table In the table below, we will see the change in the economic data of the USA from 2017 to 2020. Variable/Year 2017 2018 2019 2020 4-year average Real GDP/Capita 53,363 54,953 54,488 Growth Rate of Real GDP/Capita 1,7 2,5 0,4 Inflation Rate 2,13 2,44 1,9 4,36 3,9 5,06 Unemployment Rate Interest Rate 4,2 3,99 4,09 Bank Rate 3,75 4,5 4,63 Exchange Rate 118,54 144,55 109,57 3,75 Supply of Money 3,61 3.83 4.2- Diagrams 55,886 1,7 1,81 3,67 4,46 5,5 114,96 3,98 53,748 1,23 8,31 3,72 4,75 115,13 3,99
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 15RQ: What is the difference between a series of economic data over time measured in nominal terms versus...
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