Question: 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
The IMF World Economic Outlook reports the unemployment rates:
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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 full answer
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