ECONOMICS, 5e

Roger Arnold

CHAPTER 5
Macroeconomic Measurements,
Part I: Prices and Unemployment
Exhibit 1 Three Major Economic Goals

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 2 Computing the Consumer Price Index

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 3 CPI, 1913–1999

SOURCE: The data were reported at the Web site for the U.S. Department of labor, Bureau of Labor Statistics.
Site address: ftp://ftp.bls.gov/pub/special.requests/cpi/cpiiail.txt.

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 4 Inflation Rates, 1998, Selected Countries

SOURCE: CIA World Factbook, 1998.

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 5 Breakdown of the U.S. Population and
the Labor Force

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics.

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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 Exhibit 6 U.S. Unemployment Rate, 1990–1999

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics.

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 7 Unemployment Rate, 1998, Selected Countries

SOURCE: CIA World Factbook, 1999.

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 8 The Wage Offer and Reservation Wage Curves

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 9 Optimal Search Time

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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Exhibit 10 Optimal Search Time and the Unemployment Rate

Arnold Economics, 5e / Ch. 5 Macroeconomic Measurements, Part I: Prices and Unemployment

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