What was the change to the unemployment rate

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Reference no: EM133339710

Case: The economic growth rate of China in the last 3 quarters of 2021 slowed / contracted (year-on-year; compared to the same quarter in 2020).

Indicate the impact of the following on the business cycle in last 3 quarters (as a whole) and indicate which made the greatest overall contribution:

manufacturing output;
net exports.

Question 1: What was the change to the unemployment rate in the last 3 quarters of 2021 and what type of unemployment was most likely to have changed?

Question 2: What was the change to the inflation rate in last 3 quarters of 2021 and what type of inflation was most likely to change?

Reference no: EM133339710

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