Whether you gain or lose during a period of inflation depends on:

how the price increases affect government purchases of goods.

whether the economy is expanding or contracting.

whether you save or not.

whether your income rises faster or slower than prices of the things you buy.

During a deflationary period:

savings will buy more goods and services.

income will buy fewer goods and services.

the value of tangible assets increases.

the purchasing power of income decreases.

The number of people classified as employed is 550,000 and the number of people classified as unemployed is 150,000. The size of the labor force:

equals 700,000.

equals 550,000.

equals 400,000.

equals 150,000.

To calculate the unemployment rate, take the:

number of people in the economy who do not hold jobs and divide by the number of jobs available.

number of people in the labor force who do not have a job and are looking for a job and divide by the number of people in the labor force.

number of entrants in the labor force and the number of college graduates, and divide by the number of people in the country.

number of people in the labor force and divide by the number not presently working