2. Economics
3. 1 calculate the inflation rate for 20072008 20082009 20142015 20152016...

# Question: 1 calculate the inflation rate for 20072008 20082009 20142015 20152016...

###### Question details

1. Calculate the inflation rate for

2007–2008:

2008–2009:

2014–2015:

2015–2016:

2. In 2016, there were approximately 159.2 million people in the labor force and the unemployment rate was 4.9 percent. If the unemployment rate had been 4.5 percent instead of 4.9 percent,

a. How many fewer workers would have been unemployed?

___ million

b. How many more would have been employed?

___ million