60. Macroeconomic Measurements, Part I: Prices and Unemployment
CHAPTER 5
Macroeconomic Measurements, Part I: Prices and Unemployment

61. Exhibit 1 Computing the Consumer Price Index
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
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62. Exhibit 2 CPI, 1913–2002 The CPI for 2002 is for May 2002.
Source: The data were reported at the Web site for the U.S. Department of Labor, Bureau of Labor Statistics. Site address:
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
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63. Exhibit 3 Inflation Rates, 2000, Selected Countries
Source: CIA World Factbook, 2001.
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
©2004 South-Western, a division of Thomson Learning™

64. Exhibit 4 Breakdown of the U.S. Population and the Labor Force
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
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65. Exhibit 5 Computation of the U.S. Unemployment Rate in April 2001
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
©2004 South-Western, a division of Thomson Learning™

66. Exhibit 6 Unemployment Rate, 2000, Selected Countries
Source: CIA World Factbook, 2001.
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
©2004 South-Western, a division of Thomson Learning™

67. Exhibit 7 The Wage Offer and Reservation Wage Curves
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
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68. Exhibit 8 Optimal Search Time
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
©2004 South-Western, a division of Thomson Learning™

69. Exhibit 9 Optimal Search Time and the Unemployment Rate
Arnold Economics, 6e / Ch. 5 Macroeconomics Measurements, Part I: Prices and Unemployment
©2004 South-Western, a division of Thomson Learning™