business cycles and unemployment
DESCRIPTION
C HAPTER. Business Cycles and Unemployment. 16. EXHIBIT 1. H YPOTHETICAL AND A CTUAL B USINESS C YCLES. Source: Bureau of Economic Analysis, http://www.bea.doc.gov/bea/dn/nipaweb/SelectTables.asp?Selected=N, Table 1.1.6. EXHIBIT 1. - PowerPoint PPT PresentationTRANSCRIPT
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Business Cycles andUnemployment
CHAPTER
16
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2Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 1 HYPOTHETICAL AND ACTUAL BUSINESS CYCLES
Source: Bureau of Economic Analysis, http://www.bea.doc.gov/bea/dn/nipaweb/SelectTables.asp?Selected=N, Table 1.1.6.
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3Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 1 HYPOTHETICAL AND ACTUAL BUSINESS CYCLES (Continued)
Source: Bureau of Economic Analysis, http://www.bea.doc.gov/bea/dn/nipaweb/SelectTables.asp?Selected=N, Table 1.1.6.
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4Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 3 A HISTORICAL RECORD OF BUSINESS CYCLES IN THE UNITED STATES, 1929–2003
Source: Bureau of Economic Analysis, http://www.bea.doc.gov/bea/dn/nipaweb/SelectTables.asp?Selected=N, Table 1.1.1.
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5Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 4 INTERNATIONAL COMPARISON OF REAL GDP GROWTH RATES, 2003
Source: World Economic Outlook Database, http://www.imf.org/external/pubs/ft/weo/2003/02/data/index.htm.
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6Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 6 POPULATION, EMPLOYMENT, AND UNEMPLOYMENT, 2003
Source: Economic Report of the President, 2004, http://www.gpoacess.gov/eop/index.html.
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7Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 7 THE U.S. UNEMPLOYMENT RATE, 1929–2003
Source: Economic Report of the President, 2004, http://www.gpoacess.gov/eop/index.html, Table B-35.
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8Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 8 UNEMPLOYMENT RATES FOR SELECTED NATIONS, 2003
Source: IMF World Economic Outlook, http://www.imf.org/external/pubs/ft/weo/2003/02/index.htm.
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9Tucker Economics for Today, 4e • Ch 16 Business Cycles and Unemployment© 2005 Thomson/South-Western
EXHIBIT 9 POTENTIAL AND ACTUAL GDP, 1990–2003
Source: Bureau of Economic Research, http://www.bea.doc.gov/bea/dn/nipaweb/SelectTable.asp?Selected=N, Table 1.1.1. and IMF World Economic Outlook, http://www.imf.org/external/pubs/ft/weo/2003/02/data/index.htm.