Table 4 shows some selected quarterly data for the UK between the last quarters of 2007 and 2009. Table 4 2007 2008 2008 2008 2008 2009 2009 2009 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 GDP growth 0.7 0.4 -0.5 -1.5 -2.0 -1.8 0.3 0.1 9/q (%) Unemployment 5.2 5.2 5.4 5.9 6.4 7.1 7.8 7.8 rate (%) GDP deflator 0.7 1.2 0.5 1.1 1.1 -0.4 0.7 0.8 (% ) Interest rate, 5.5 5.25 2.0 0.5 0.25 0.25 0.25 0.25 eop (%)* *Bank of England Bank Rate; eop = end of period Commenting on all 4 of these data series, explain why economists described 2008 as a year of crisis for the UK.Table 4 shows some selected quarterly data for the UK between the last quarters of 2007 and 2009. 2007 2008 2008 2008 2008 2009 2009 2009 2009 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 wth 0.7 0.4 -0.5 -1.5 -2.0 -1.8 0.3 0.1 0.3 /ment 5.2 5.2 5.4 5.9 6.4 7.1 7.8 7.8 7.8 ator 0.7 1.2 0.5 1.1 1.1 -0.4 0.7 0.8 -0.8 ate 5.5 5.25 2.0 0.5 0.25 0.25 0.25 0.25 0.25 Bank of England Bank Rate; eop = end of period Commenting on all 4 of these data series, explain why economists described 2008 as a year of crisis for the UK