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Exploring Growth
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Real GDP growth quarter on quarter 1970 to 2014
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United Kingdom Unemployment Rate
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UK inflation (rpi) 1970 - 2015
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UK Balance of trade in goods and services, current prices 1970 to 2013
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UK net borrowing
Look at the graph and answer the prompt questions
What is happening to GDP 2000 to 2007?
What links are there between Economic growth and unemployment – identify periods?
Why?
Can you see any links here?
What might be going on?
Can you see any links here?
What happened after 2007?
What about after 1997?
Late 80s?
What's going on?
Can you see any links here?
What happened between 1992 and 2000?
What about from 2007 onwards?
Why?
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