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Unformatted text preview: Think of
you know and try
they are currently in. Breakdown of the Total U.S. Population by
1. Persons under 16
2. Persons in the armed forces
3. Persons institutionalized Total population Not in
Unemployed The Unemployment and
The unemployment rate is the percentage
of the civilian labor force that is unemployed.
It is equal to the number of unemployed persons divided by the civilian labor force.
Unemployed persons/Civilian labor force For example, if the civilian labor force
totals 10 million, and the number of persons unemployed is 1 million, then the Defining Terms
a. price index
b. consumer price index
c. aggregate demand
d. aggregate supply
e. unemployment rate
f. employment rate Reviewing Facts and
2. Suppose the CPI was 143
in year 1 and 132 in year 2....
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This document was uploaded on 01/16/2014.
- Winter '14