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Plot total civilian unemployment from 2000 through 2021 adding in the 2022 data point of
unemployment equal to 3.4%. Discuss.
Complete the table concerning the loss in GDP because of unemployment. Assume a 4%
Frictional Rate of unemployment and a Okun's Law value of 3.
HEADINGS FOR THE TABLE
SASUMMARY State annual summary statistics: personal income, GDP, consumer spending,
price indexes, and employment Real gross domestic product (GDP) (Millions of chained 2012
dollars) 1/ Bureau of Economic Analysis State or DC Legend / Footnotes: measure of real GDP.

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Plot total civilian unemployment from 2000 through 2021 adding in the.pdf

  • 1. Plot total civilian unemployment from 2000 through 2021 adding in the 2022 data point of unemployment equal to 3.4%. Discuss. Complete the table concerning the loss in GDP because of unemployment. Assume a 4% Frictional Rate of unemployment and a Okun's Law value of 3. HEADINGS FOR THE TABLE SASUMMARY State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employment Real gross domestic product (GDP) (Millions of chained 2012 dollars) 1/ Bureau of Economic Analysis State or DC Legend / Footnotes: measure of real GDP.