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# (Originais Teachy 2023) - Question Easy of Economics

Imagine you are an economist working for a government agency. You have been tasked to measure the health of your country's economy. To do this, you need to consider various macroeconomic indicators. Considering the standards used to measure macroeconomic variables, explain how you would use GDP, inflation, and unemployment data to assess the economic health of your country. What would you expect these indicators to show in a healthy economy, and how would you interpret the data?
a.
To assess the economic health of a country, we would use GDP, inflation, and unemployment data. In a healthy economy, we would expect a steady, positive GDP growth rate, a low and stable inflation rate around 2%, and a low unemployment rate around 4-5%.
b.
To assess the economic health of a country, we would use GDP, inflation, and unemployment data. In a healthy economy, we would expect a declining GDP, a high inflation rate around 10%, and a high unemployment rate around 15%.
c.
To assess the economic health of a country, we would use GDP, inflation, and unemployment data. In a healthy economy, we would expect a steady, negative GDP growth rate, a high and unstable inflation rate around 5%, and a high unemployment rate around 10%.
d.
To assess the economic health of a country, we would use GDP, inflation, and unemployment data. In a healthy economy, we would expect a stagnant GDP, a deflation rate around 2%, and a high unemployment rate around 8%.
e.
To assess the economic health of a country, we would use GDP, inflation, and unemployment data. In a healthy economy, we would expect a fluctuating GDP growth rate, an inflation rate around 0%, and a low unemployment rate around 1%.

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Macroeconomics Standards Mappings
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