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The civilian non-institutional population is 275, the number of employed is 152, and the number of unemployed is 9.6 (all in millions). Calculate the unemployment

  1. The civilian non-institutional population is 275, the number of employed is 152, and the number of unemployed is 9.6 (all in millions). Calculate the unemployment rate and the labor force participation rate.
  2. Please calculate the CPI and the inflation rate using the information in Figure 1.2 (below).

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Price in Price in the base the year current year Assume the base year is 2008

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