Year
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
NGDP
RGDP
GDP Deflator Inflation
Unemployment NGDP Growth RGDP Growth
3777.2
4150.8
0.9100 N/A
7.5 N/A
N/A
4038.7
4296.5
0.9400
3.2967
7.2
6.9234
3.5109
4268.6
4405.2
0.9690
3.0851
7
5.6922
2.5290
4539.9
4539.9
1.0000
3.1992
6.2
6.3557
3.0587
4900.4
4716.5
1.0390
3.9000
5.5
7.9407
3.8890
5250.8
4839.4
1.0850
4.4273
5.3
7.1504
2.6077
5546.1
4895.1
1.1330
4.4240
5.6
5.6239
1.1491
5724.8
4868.0
1.1760
3.7952
6.8
3.2221
-0.5522
6020.2
4979.5
1.2090
2.8059
7.5
5.1600
2.2899
6343.3
5136.3
1.2350
2.1508
6.9
5.3669
3.1484
4.50
Relation between Unemployment and Inflation
5.0
Inflation Rate
4.5
1989
4.0
1990
1988
3.5
1987
3.0
2.5
-1.5
2.0
5.0
5.5
-1
6.0
6.5
4.00
3.50
9
3.00
8
2.50
7
6
2.00
5
1991
1.50
4
1985
1.00
3
1986
2
0.50
1992
1
0.00
0
-0.5 1993
0
1984
1985
-0.50
7.0
-1.007.5
Unemployment Rate
7000.0
6000.0
5000.0
4000.0
3000.0
2000.0
1000.0
-0.3
-0.2
-0.8
-0.7
-0.2
0.3
1.2
0.7
-0.6
Relation between Output (RGDP Growth)
1.5
Change in Unemployment Rate
RGDP Growth
N/A
3.60
3.40
4.60
4.40
3.40
2.40
0.60
1.60
4.20
1991
1.0
Relation between Output and Unemployment
Series1
Linear (Series1)
1985
19860.5 1987
1988
1 1989
1990
0.5
1990
8
0.0
7
-1.0
-0.5
0.0 6
5
-0.5
4
3
2
-1.0
1
0
1991
1992
1993
1994
0.5
1.0
Real GDP Growth
8.0
NGDP Growth N/A
Unemployment 7.5
Comparison of Nominal and Real GDP
7000.0
6000.0
5000.0
4000.0
3000.0
2000.0
1000.0
0.0
1984
1985
1986
1987
1988
NGDP
1989
1990
RGDP
1991
1992
1993
Year
n Output (RGDP Growth) and
RGDP
1985
1986
1987
1988
1989
1990
Unemployment
1991
1992
1993
3.51
2.53
3.06
3.89
2.61
1.15
-0.55
2.29
3.15
Unemployment Change U
7.2
0
7
0.2
6.2
0.8
5.5
0.7
5.3
0.2
5.6
-0.3
6.8
-1.2
7.5
-0.7
6.9
0.6
Relation between Ou
1992
1990
2.0
2.5
1986
1989
3.0
3.5
Year
1985
1986
1987
1988
1989
1990
1991
1992
1993
1993
4.0
1993
1987
Real GDP Growth
1985
1988
Unemployment
RGDP Growth
7.2
3.5109
7
2.5290
6.2
3.0587
5.5
3.8890
5.3
2.6077
5.6
1.1491
6.8
-0.5522
7.5
2.2899
6.9
3.1484
4.5
1987
Real GDP Growth
1.5
1988
1993
-1
-0.5
Relation between Output (RGDP Growth) and Unemployment
1993
-0.5
4.5
4.0
19853.5
1989 3.0
2.5
1986 2.0
1.5
1.0
0.5
0.0
-0.5 0
-1.0
1992
1990
0.5
Change in Unemloyment Rate
1991
1.5
Y(d)
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Consumption function
Consumption
200
250
300
350
400
450
500
550
600
650
700
800
700
Consumption
C=200 + 0.25Y
600
500
400
300
200
100
0
0
200
400
600
800
1000
1200
Disposable income
Interest rate (i )
IS
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
LM
1100
1078
1056
1034
1012
990
968
946
924
902
880
858
836
814
792
770
748
726
704
682
660
638
616
594
572
550
528
506
484
462
800
840
880
920
960
1000
1040
1080
1120
1160
1200
1240
1280
1320
1360
1400
1440
1480
1520
1560
1600
1640
1680
1720
1760
1800
1840
1880
1920
1960
700
750
800
850
900
950
1000
1050
1100
1150
1200
1250
Income
IS
800
820
840
860
880
900
920
940
960
980
1000
1020
1040
1060
1080
1100
LM
15
14
13
12
11
10
9
8
7
6
5
4
3
2
1
0
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
5.5
6
6.5
7
7.5
1.333333
440
418
396
374
352
330
308
286
264
242
220
198
176
154
132
2000
2040
2080
2120
2160
2200
2240
2280
2320
2360
2400
2440
2480
2520
2560
Private Savings
1000
800
Private Savings
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
600
400
200
0
-200
100 200 300 400 500 600
-400
-600
Savings
-350
-275
-200
-125
-50
25
100
175
250
325
400
475
550
625
700
775
0
100
200
300
400
500
600
700
800
900
1000
1100
1200
1300
1400
1500
-200
-125
-50
25
100
175
250
325
400
475
550
625
700
775
850
925
Private Savings Function
1000
800
Private Savings
0
100
200
300
400
500
600
700
800
900
1000
1100
1200
1300
1400
1500
600
400
200
0
-200
100 200 300 400 500 600
-400
Disposable Income
1400
1600
1800
2000
IS-LM Model
Interest rate
1200
16
14
12
10
8
6
4
2
0
800
820
840
860
880
900
920
940
960
980 1000 1020 1040 1060 1080 1100
Output
IS
LM
Private Savings
600 700 800 900 1000 1100 1200 1300 1400 1500
Income
Private Savings Function
600 700 800 900 1000 1100 1200 1300 1400 1500
Disposable Income
1100
IS
The Effect of Expans
The effect of monetary expansion
30
16
25
14
12
Interest rate
20
15
10
8
6
4
10
2
0
16
8
6
4
2
0
900
10
880
12
860
14
840
30
29
28
27
26
25
24
23
22
21
20
19
18
17
16
15
14
13
12
11
10
9
8
820
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
5.5
6
6.5
7
7.5
8
8.5
9
9.5
10
10.5
11
800
LM
15
14
13
12
11
10
9
8
7
6
5
4
3
2
1
0
-1
-2
-3
-4
-5
-6
-7
Interest Rate
Income
IS
800
820
840
860
880
900
920
940
960
980
1000
1020
1040
1060
1080
1100
1120
1140
1160
1180
1200
1220
1240
The Effect of Expansionary Fiscal Policy
The effect of monetary expansion
Income
IS
LM
1240
1220
1200
1180
1160
1140
1120
1100
1080
1060
1040
1020
1000
980
960
940
920
900
Output
