Unemployment caused by permanently decreased demand for horse-drawn carriages is an example of Select one: O a. seasonal unemployment. O b. frictional unemployment. c. cyclical unemployment. d. discouraged unemployment. e. structural unemployment. If the CPI was 228 at the end of 2011 and 236 at the end of 2012, what was the inflation rate in 2012? Select one: a. O b. c. O d. e. 236 percent 3.5 percent 3.4 percent 8 percent 4 percent