Consider the following economic statistics for a particular country (it's not the US):

	7 Years Ago	Today
GDP	$200 billion	$300 billion
GDP per capita	$17,000	$20,000
inflation rate	5%	15%
unemployment rate	15%	5%
Labor force participation rate	62%	68%
Consumer Price Index	100	125

Is the condition of this economy today better than, worse than, or the same as it was 7 years ago? Explain how you know. In your explanation, show the details of any calculations that you perform. Note that this is an example of a question that will surely appear on Test 1 (and probably Tests 2, 3, and 4 as well). It requires a detailed, well-thought-out answer. Putting solid effort into answering this question on this Problem Set will earn a large pay-off down the road.