please help, below i will expalin what needs to be answered thank you !!! -graph #1 •real gdp •peak •trough -graph #2 •annual change -fill in the blank •this economy experienced a contraction in the year [ 19981-1985 (or) 1986-1987 (or) 1987-1988 (or) 1980-1981 ]. On the first grapg (showing real GDP), this contraction is seen as a period im which the level of real GFP [ is negative (or) is below the long-term trend line (or) decreases (slopes downward) ]. on the second graph (showing annual change in real GDP), this contraction js seen as a period in which the growth rate of real GDP [ increases (slopes upward ) (or) is negative (or) is positive (or) decreases (slopes downward) ]. -TRUE OR FALSE • this economy was experiencing a contraction in 1981. 2. Economic fluctuations and growth Bcksm 1555141447 The following table shows data on a hypothetical country's real GDP from 1980 through 1988: Real GDEP Year (Billions of Dollars) 1980 1981 1982 1983 1984 1985 1986 1987 1988 460 475 480 490 510 515 505 505 The green line on the following graph shows the economy's long-term growth trend. Note: Plot your points in the order in which you would like them real GDP curve that definitelv represents a peak. Finaly, place the grey point (star symbol) on the graph to indicate the pant on the real GoP cuve that definitely represents a trough Use the blue points (eircle symbolj to plot the real GDe in each of the years listed. (N ts will connect the points automatically.) Next, place the black point (plus symbol) on the graph to indicate the point on the ourses.aplia.com/af/servlet/quiz?quiz action takeQuiz&quiz probGuid-04 -00338ck-m 15551414 Use the blue points (circle symbol) to plot the real GDP in each of the years connected. Line segments will connect the points automatically.) Next, place the black point (plus symbol) on the real GDP curve that definitely represents a peak. Finally, place the grey point (star symbol that definitely represents a trough. listed.(Note: Plot your points in the order in which you woud n the order in which you would like them the graph to indicate the point on 550 T Real GDP Peak 510 400 480 YEAR year. For example, you can calculate the percentage change for 1981 by finding the change in GDP from 1980 to f GP in 1980, and then multiplying the result by 100.) the previous year to the current year. For example, you can calculate the 1981, dividing this change by the level of GDP in 1980, and then multiplying the result by 100) graph, rounded to the nearest percent. For each year, plot the percentage change from the year before. (Hint: For example, you should plot the on in the years t O 2 1981 1982 1983 1984 1985 1986 1987 ร988 YEAR This economy experienced a contraction in the ye which the level of real GDP seen as a period in which the growth rate of real GDP ▼ . On the first graph (showing real GDP), this contraction is seen as a penod in ▼ . On the second graph (showing annual change in real GDP), this contraction is True or False: This economy was experiencing a contraction in 1981. True O False saving NoticesTerms of use Privacy Notice Security Notice eN eto search 2. Economic fluctuations and growth Bcksm 1555141447 The following table shows data on a hypothetical country's real GDP from 1980 through 1988: Real GDEP Year (Billions of Dollars) 1980 1981 1982 1983 1984 1985 1986 1987 1988 460 475 480 490 510 515 505 505 The green line on the following graph shows the economy's long-term growth trend. Note: Plot your points in the order in which you would like them real GDP curve that definitelv represents a peak. Finaly, place the grey point (star symbol) on the graph to indicate the pant on the real GoP cuve that definitely represents a trough Use the blue points (eircle symbolj to plot the real GDe in each of the years listed. (N ts will connect the points automatically.) Next, place the black point (plus symbol) on the graph to indicate the point on the ourses.aplia.com/af/servlet/quiz?quiz action takeQuiz&quiz probGuid-04 -00338ck-m 15551414 Use the blue points (circle symbol) to plot the real GDP in each of the years connected. Line segments will connect the points automatically.) Next, place the black point (plus symbol) on the real GDP curve that definitely represents a peak. Finally, place the grey point (star symbol that definitely represents a trough. listed.(Note: Plot your points in the order in which you woud n the order in which you would like them the graph to indicate the point on 550 T Real GDP Peak 510 400 480 YEAR year. For example, you can calculate the percentage change for 1981 by finding the change in GDP from 1980 to f GP in 1980, and then multiplying the result by 100.) the previous year to the current year. For example, you can calculate the 1981, dividing this change by the level of GDP in 1980, and then multiplying the result by 100) graph, rounded to the nearest percent. For each year, plot the percentage change from the year before. (Hint: For example, you should plot the on in the years t O 2 1981 1982 1983 1984 1985 1986 1987 ร988 YEAR This economy experienced a contraction in the ye which the level of real GDP seen as a period in which the growth rate of real GDP ▼ . On the first graph (showing real GDP), this contraction is seen as a penod in ▼ . On the second graph (showing annual change in real GDP), this contraction is True or False: This economy was experiencing a contraction in 1981. True O False saving NoticesTerms of use Privacy Notice Security Notice eN eto search


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