macro economics 403203

2) Percentage change in prices<?xml:namespace prefix = o ns = “urn:schemas microsoft com:office:office” />

=(CPI later yr

( CPI earlier yr) *100

(CPI earlier yr )

*

If the CPI in year one is 132.5 and CPI in year 2 is 143.2. What is the inflation rate?

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3) To calculate real income

real income( nominal income ) *100

CPI

A?§ If the CPI is 150 and nominal income is $100,000. What does real income equal?

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4) If you have frictional unemployment at 2%. If you have natural unemployment at 5% and the labor force is a 100 million and the number of employed are 82 million give this data, u’ll ask to calculate

1) Structural unemployment rate,

2) Cyclical unemployment rate and

3) Unemployment rate

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Please I need all the answers for full points..

Thank you very much!