ECO327 Are Unemployment and Inflation Related?

timer Asked: Sep 5th, 2013

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Week 1, DQ6: Are Unemployment and Inflation Related?

Visit the Labor Department's Bureau of Labor Statistics website, What are the latest figures for the size of the US labor force? How many people are unemployed now? What is the latest rate of inflation? (Be sure to state which measure of inflation you use.)

What are the different types of unemployment? How do they affect the economy? What is the historical relationship between inflation and unemployment?

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