Analysis of the 2007-2009 U.S financial Crisis. Use a graph to show the effects on inflation and output in the short run and in the long run. A. Oil Shock: the oil price was 60$ per barrel at the beginning of 2007, and increased to 140$ n July 2008. B. The financial crisis was starting in 2007, and one of the biggest investments, Lehman Brother, bankrupted in the fall 2008. c. The financial crisis brings collapse of Chinese exports starting in 2008. please i want it explained with the graph as well

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Unemployment and Cost of Unemployment

Unemployment is the state of being unemployed, even when an individual is actively seeking work opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed.