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The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the annual inflation rate.

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The table below shows six years of hypothetical CPI values for the United States. Using the information in the table, compute the annual inflation rate. Instructions: Round your answers to two decimal places. CPI Values and Inflation Use the table below to answer the following questions: Labor Force of an Economv Instructions: Round your answers to two decimal places. a. Calculate the actual unemployment rate and the natural rate of unemployment for this economy. Actual rate of unemployment: Natural rate of unemployment: b. Now assume 1.3 million cyclically unemployed workers become employed. At the same time, 0.7 million employed workers become structurally unemployed. Calculate the unemployment rate and the natural rate of unemployment for this economy. Actual rate of unemployment: Natural rate of unemployment: % %

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