A. Using the information in the table above describe two different ways the transactions could contribute to
Question:
A. Using the information in the table above describe two different ways the transactions could contribute to GDP for both years. Which way is used in practice? Be sure to provide a thorough explanation, including all calculations and define any words used in the explanation.
B. Use the following information to answer parts a and b. Be sure to provide a thorough explanation, including a definition of any terms used.
Country Alpha has an unemployment rate of 6. 1% while Country Beta has an unemployment rate of 7.3%
i) If both countries are experiencing normal economic times what is the reason(s) for the difference in the unemployment rates?
II). Both countries are not experiencing normal economic times. Each country has a natural rate of unemployment of 56. What is the reason(s) for high rates of unemployment?