1) Explain the difference among the seasonal, the frictional, the structural, and the cyclical forms of unemployment.

2)Differentiate amongPPI,CPI and GDP DEFLATOR.

3) Define "natural rate ofunemployment " and "stagflation".

(2 points)

5) Is long term discouraged workers classified as "employed" or "unemployed" ornot in labor force? Is it under or overestimate unemployment?

6)Is Part-timer classified employed or unemployed or not in labor force? is it under or overestimate unemployment.

Please answer it in detail since it would help me to further grasp on to the subject.