In what year was the unemployment rate the highest


Problem

Understanding Graphs Look at Exhibit 5 and answer the following questions:

a. In what year (approximately) was the unemployment rate the highest? In what year was it the lowest?

b. In what decade, on average, was the unemployment rate highest? In what decade was it lowest?

c. Between 1950 and 1980, did the unemployment rate generally increase, decrease, or remain about the same?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: In what year was the unemployment rate the highest
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