Question

Go to the Bureau of Labor Statistics and the Bureau of Economic Analysis and and then...

Go to the Bureau of Labor Statistics and the Bureau of Economic Analysis and and then determine (and post) the United States' (most recent -- monthly or quarterly):

I. inflation rate (CPI- All Urban)

II. unemployment rate (overall).

III. unemployment rate if "discouraged workers" and "part time employees (for economic reasons) are included; and

IV. real gross domestic product and change from prior quarter and year.

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Answer #1

I. Monthly CPI - All urban unadjusted index for Nov-2018 is 252.038.

Explanation: It is monthly consumer price index for all urban consumers for november 2018. It tells the price level in the economy.

Percentage change in CPI gives the inflation rate which is -0.3, for Oct 2018- Nov 2018.

II. Unemployment rate overall for Nov 2018 is 3.7

Explanation: Unemployment rate has been 3.7 from Sept to Nov.

III. 4.8 million people were part time workers in November and 453,000 people were discouraged workers.

Explanation : Reported from table A-8 and A-16.

IV. GDP is $20.66 trillions.

Change in real GDP is 3.5 percent in the third quarter of 2018.

Explanation: the above reported figures are at current dollar GDP .

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