Economy A has reported the following data for unemployment and vacancy rate over time: Year Unemployment Rate Vancacy Rate 2000 0.07 0.04 2001 0.06 0.04 2002 0.05 0.05 2003 0.06 0.05 2004 0.07 0.06...


Economy A has reported the following data for unemployment and vacancy rate over time:<br>Year<br>Unemployment Rate Vancacy Rate<br>2000<br>0.07<br>0.04<br>2001<br>0.06<br>0.04<br>2002<br>0.05<br>0.05<br>2003<br>0.06<br>0.05<br>2004<br>0.07<br>0.06<br>2005<br>0.06<br>0.05<br>2006<br>0.05<br>0.05<br>2007<br>0.04<br>0.04<br>2008<br>0.03<br>0.04<br>2009<br>0.02<br>0.03<br>2010<br>0.03<br>0.03<br>2011<br>0.03<br>0.04<br>2012<br>0.03<br>0.03<br>2013<br>0.04<br>0.03<br>2014<br>0.05<br>0.05<br>2015<br>0.07<br>0.06<br>2016<br>0.08<br>0.05<br>2017<br>0.09<br>0.06<br>2018<br>0.09<br>0.07<br>2019<br>0.06<br>0.04<br>2020<br>0.05<br>0.04<br>Is Economy A's displaying a Beveridge curve (like the United States)?<br>O No: in the USA vancancy and unemployment rates are negatively correlated. In Economy A, they are<br>positively correlated<br>O No: in the USA vancancy and unemployment rates are positively correlated. In Economy A, they are<br>negatively correlated<br>Yes: both in the USA and in Economy A vancancy and unemployment rates are negatively correlated<br>O Yes: both in the USA and in Economy A vancancy and unemployment rates are positively correlated<br>

Extracted text: Economy A has reported the following data for unemployment and vacancy rate over time: Year Unemployment Rate Vancacy Rate 2000 0.07 0.04 2001 0.06 0.04 2002 0.05 0.05 2003 0.06 0.05 2004 0.07 0.06 2005 0.06 0.05 2006 0.05 0.05 2007 0.04 0.04 2008 0.03 0.04 2009 0.02 0.03 2010 0.03 0.03 2011 0.03 0.04 2012 0.03 0.03 2013 0.04 0.03 2014 0.05 0.05 2015 0.07 0.06 2016 0.08 0.05 2017 0.09 0.06 2018 0.09 0.07 2019 0.06 0.04 2020 0.05 0.04 Is Economy A's displaying a Beveridge curve (like the United States)? O No: in the USA vancancy and unemployment rates are negatively correlated. In Economy A, they are positively correlated O No: in the USA vancancy and unemployment rates are positively correlated. In Economy A, they are negatively correlated Yes: both in the USA and in Economy A vancancy and unemployment rates are negatively correlated O Yes: both in the USA and in Economy A vancancy and unemployment rates are positively correlated

Jun 10, 2022
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