Use the table below to answer the following questions: Labor Force of an Economy 1.1 T o T el Number of People (millions) 157.3 structurally unemployed Cyclically unemployed Frictionally unemployed 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: Q% Natural rate of unemployment: Q% b. Now assume 17 million cyclically unemployed workers become employed. At the same time, 0.5 million employed workers become structurally unemployed. Calculate the unemployment rate and the natural rate of unemployment for this economy. Actual rate of unemployment: 0% Natural rate of unemployment: |:| %% The table below shows six years of 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 Inflation Rate Year CPI (percent) 2009 214.54 2010 218.06 % 2011 224.94 2012 229.59 2013 232.96 2014 236.74The table below lists the CPI and wage values for the United States from different decades. a. Complete the table by computing the real income for each year shown in the table. Instructions: Round your answers to two decimal places. Nominal and Real Income Average Nominal Average Real Wage Year Wage (dollars) CPI (dollars) 1967 $7, 077 33.4 $ 1977 13, 579 60.6 1987 26, 055 113. 6 1997 37, 177 160.5 2007 49, 698 207.3 2013 52, 322 233.0 Instructions: Enter the year using all four numbers (yyyy). b. Of the years listed above, the paycheck of the average worker was highest in c. Of the years listed above, the purchasing power of the average worker was highest in