Consider the inflation and unemployment data in the table below for the United States between 1990 and 2005.

Natural Rate Unemployment Unemployment Year U Un ination 1999 5.5 5.1 5.4 1991 5.9 5.4 4.2 1992 7.5 5.5 3.9 1993 5.9 5.4 3.9 1994 5.1 5.2 2.5 1995 5.5 5.5 2.5 1995 5.4 5.4 3.9 199? 4.9 5.9 2.3 1995 4.5 4.5 1.5 1999 4.2 4.5 2.2 2999 4.9 4.5 3.4 2991 4.7 4.3 2.3 2992 5.3 4.9 1.5 2993 5.9 5.9 2.3 2994 5.5 5.1 2.7 2995 5.1 5.2 3.4 You may assume that Okun's Law holds true {i.e. 1% of unemployment is approximately equal to 2% of lost output}. Recall that the sacrifice ratio is calculated as: Lost Output A ination Sacrifice Ratio