Write a two-page long, double-spaced with 12 sized Times New Roman font using data from the BEA-Bureau of Economic Analysis- that supports your claim of real and nominal GDP during the time period of 1973-2019.

Write a two-page long, double-spaced with 12 sized Times New Roman font using data from the BEA-Bureau of Economic Analysis- that supports your claim of real and nominal GDP during the time period of 1973-2019. Write a two-page long reflection on real GDP for the period stated above and explain the reasons behind those fluctuations. Also, discuss the relationship between recessions and unemployment in your analysis and the trend of real GDP during (up-down movements) during recessions. Also explain what type of unemployment is most severe during recessions and the impact it has on real GDP. Be clear as to what nominal GDP measures vs what real GDP measures. Use the BEA as one of your 3 data sources listed in the third page or bibliography. You may use MLA style for the bibliography. Remember to document your sources using in-text citations or footnotes if you prefer.

 

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