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Essay

France's recent economic activity

Essay specific features

 

Issue:

Business

 

Written by:

Gary J

 

Date added:

February 12, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

9 / 2367

 

Was viewed:

2665 times

 

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Essay content:

As we would expect to see, GDP increases as the rate of unemployment falls and vice-versa. Unemployment has been increasing since 1970 and continued until around 1986, eventually peaking with very high rates of nearly 12% in 1994. When analysing the French GDP, it is evident that although it fluctuates, it does not follow a predictable pattern between 1970 and 1986; all three variables seem to be unstable until around this time...
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It is worth noting that the economy seems to perform better from the time Jacques Chirac became president in 1995, which may have been due to new economic policies. Also, the substantial dip in GDP and sharp increase in inflation from the early 1970’s was probably attributable to the OPEC oil crisis of 1973 (and 1978) which would have affected both businesses and homes, resulting in less money to spend and less potential for output...
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General issues of this essay:
Unemployment In France Effects Of The National Minimum Wage On Unemployment And Inflation France's recent economic activity Gas And Oil Inflation And What Gov'T Can Do Inflation Inflation Inflation Inflation inflation inflation inflation unemployment in France Inflation Inflation Inflation
 

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