1. Labor Market Statistics
Type of statistic
Population under the age of 16
Population over the age of 16
a. How many people are in the country’s labor
b. What is the labor force participation rate?
c. What is the unemployment rate?
d. What is the natural unemployment rate?
e. What is the rate of cyclical unemployment?
2. Interest Rates and Inflation
This table shows inflation and interest rate data
on loan contracts in different years.
a. Fill in the ?Real interest rates? column.
b. In which year(s) were the actual real interest
rates on loan contracts negative?
c. In which year(s) did lenders gain at the
expense of borrowers?
d. In which year(s) did borrowers gain at the
expense of lenders?