1. GDP
After a couple of decades of declining growth rates, many economies now know that high income developed economies can no longer achieve and sustain real growth rates of 3.5 percent and up. ... (See exhibit 3-1) Unemployment for United States and Canada is considered to be a twin mystery. ... (See exhibit 3-2) Business cycles are periodical swings in an economies pace of demand and production activity. ... They had just experienced a decade of healthy economic expansion and prosperity. ... (See exhibit 3-3) Exhibit 3-1 - Growth Canada ...
- Word Count: 1526
- Approx Pages: 6
- Grade Level: High School