explain what is going on in this graph for civilian unemployement rate

5:06 A & & & O M P Page 2 of 5 QUESTION 2 The table below contains data on international transactions for the country of Econia. All figures are in thousands of Econia Dollars (E$), and you may assume that there is no statistical discrepancy generated by the collection of the data on the various kinds of transactions. Complete the table by filling in the light-blue shaded cells. Payments from the rest of the world All figures in thousands of E$ Payments from Econia to the rest of the world Net Payments to Econia to Econia Sales and purchases of goods & services Factor payments 5,250 2,500 1,500 1,000 Transfers 750 1,250 -500 Sales & purchases of assets 10,000 Total Current Account 10,250 Total Financial Account Page 3 of 5 QUESTION A3

What are the arguments for and against raising the minimum wage? Use graphical analysis to illustrate your reasoning.

Voluntary donations to the poor… are likely to result in an undersupply of income redistribution to low income groups relative to the efficient amount.” Using graphical analysis, show why this will be the case.

Question 1 D: P = 200 -0.25Q S: P=2+0.25Q In this market, if the government were to impose a price ceiling at $60, determine the shortage or surplus. If it has no effect, put 0. A simple graph may help. Typed numeric answer will be automatically saved. 0