How does the current gdp unemployment rate and inflation


GDP is 1,829,325 (up 0.9% from last quarter), Unemployment Rate is at 6.6 % (up .1% from the previous month), and Inflation is 1.6% in a 12 month change.

How does the current GDP, Unemployment rate and Inflation compare to both the short-run and long-run averages in Canada. Are we currently in a recessionary or expansionary gap and why?

Solution Preview :

Prepared by a verified Expert
Business Management: How does the current gdp unemployment rate and inflation
Reference No:- TGS02337924

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)