Chapter 8 1. What is meant by the term unemployment? 2. What are the types of unemployment? 3. In what way does unemployment impact individuals, and the micro and macro economy? 4. Is unemployment compensation a good or bad thing? Chapter 9 1. What is meant by the term inflation? 2. How is inflation measured? 3. Is inflation good or bad? 4. What is meant by the term fiduciary credit inflation