What do these numbers tell us about the phase of the business cycle in the United States,

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What do these numbers tell us about the phase of the business cycle in the United States, United Kingdom, and Japan in 2011?
The IMF World Economic Outlook reports the unemployment rates:

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Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Dec 19, 2015 04:50 AM

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What do these numbers tell us about the phase of the business cycle in the United States,

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2010 9.6 7.8 5.1 2011 8.5 7.7 4.9 Region United States United Kingdom Japan

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The unemployment rate fell in the United States ...View the full answer

Macroeconomics Canada in the Global Environment

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