Econ Prject

Econ Prject

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Storyboard Text

  • What is wrong little brother?
  • I lost my job as a lifeguard at the pool!!!!
  • Oh! That's okay! Winter is coming so you are only seasonally unemployed.
  • Wow this economy sucks if they had to fire me!
  • No brother! The GDP is very high because our economy is at a peak in the business cycle.
  • Really? What makes our economy at a peak?
  • We are currently at a 4% unemployment rate which is called the natural rate of unemployment.
  • Wow 4% is a lot!
  • Not at all! That is the lowest our economy can handle without it causing major inflation!
  • So what you're telling me is that I'm included in the 4% who can't get  a job?
  • Not at all you are included in the 4% who are looking for a job!
  • OH WOW!
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