5) 6) 7) 3) 9) 10) If the price level decreased in three consecutive years from 130 to 120 to 110, then the annual ination rate over those years would a) increase b) decrease 0) remain the same (1) equal to -10% Suppose the working-age population of an economy falls into the following categories: 20 are retired or homemakers; 40 have full-time employment; 20 have part-time employment; 20 do not have employment, but are actively looking for jobs; and 10 would like to be employed but are seriously ill and unable to work at the moment. The unemployment rate in this economy is equal to a) (20/60) X 100. b) (20/80)>