The following table shows selected data on unemployment and inflation in the United States between 1977 and 1981. Unemployment Rate Inflation Rate Year (Percent) (Percent) 1977 7.1 6.5 1978 6.1 7.6 1979 5.8 11.3 1980 7.1 13.5 1981 7.6 10.3

because most businesses do not experience inflation as reflected by the market basket used to measure the CPI, a different index is used for provider of goods and services. which price index generally provides a better measurement of the inflation effects for particular business or for the purchase of particular equipment than the CPI? A) Business B) distributor C) manufacturer D) producer E) provider F) purchaser G) retail H) seller I) supplier J) vendor K) none of these

As shown in Exhibit below, the rate of inflation for Year 5 is Exhibit 6 Consumer Price Index 4.2 percent. 20 percent. 25 percent. 5 percent. Year CPI 1 100 2345 110 115 120 125

Calculate unemployment rate if adult population of the nation is 800 people of which 450 people are working and 30 are looking for working.

Suppose that the labor force in the Canary Islands is 82,452. There are also 1,631 stay-at-home parents in the Canary Islands, and the population is 109,714. Currently, there are 78,125 people employed. What is the unemployment rate, rounded to the closest tenth of a percent? 3.8% 9.0% 28.7% 5.2% 4.8%

Jenny earned a salary of $48,000 in 2010 and a salary of $60,000 in 2014. The consumer price index in 2010 was 220.5. The consumer price index was 236.2 in 2014. Jenny's 2010 salary in 2014 dollars is

The following graph shows the combinations of unemployment and inflation that existed in the United States from 1961 through 1969. NFLATION RATE (Percent) 5.0 4.5 4.0 3.5 2.5 2.0 1.5 1.0 0.5 0 3.0 * 3.5 69 68 ++ 67 66 *65 5.5, 1.4 64 + 62 + 5.0 + 63 4.0 4.5 5.5 6.0 UNEMPLOYMENT RATE (Percent) 61 + 6.5 7.0

Would excluding certain goods and services from CPI be beneficial for policymakers?

Imagine that you borrow $5,000 for one year and at the end of the year you repay the $5,000 plus $600 of interest. If the inflation rate was 4%, what was the real interest rate you paid?

Given the information in the table, what was the inflation rate in 2034 (expressed as a %)? Round to one decimal place and do not enter the % sign. If your answer is 6.14%, enter 6.1. If your answer is 6.15%, enter 6.2. If appropriate, remember to enter the - sign. 2 Year 2031 2032 2033 2034 2035 2036 CPI 90 94 100 102 109 125