# Some historic inflation and unemployment figures for the United States are presented here:InflationRate )Unemployment Rate(x)Year19963.05.419972.34.919981.64.519992.24.220003.44.020012.84.7a) In what years does the inflation rate rise compared to the previous year?In 1998 and 1999In 1997 and 1998In 1999 and 2000In 2000 and 2001b) What are the unemployment rates for the years when inflation rises?The unemployment rates are (Click to select) vC) Based on these data, in most years NAIRU wasabove 5%. For most years it was above 5%.some unknown rate since there is insufficient information.between 4.2% and 5 %. In most years it was below 5% but inflation rose when the unemployment rate was 4.2%.below 4.2%. When there was inflation the rate was 4.0%.Next>< Prev8 of 15search

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Year                                 Inflation Rate(%)                                 Unemployment Rate(%)

1996                                     3.0                                                                       5.4

1997                                      2.3                                                                      4.9

1998                                      1.6                                                                       4.5

1999                                       2.2                                                                        4.2

2000                                       3.4                                                                         4.0

2001                                       2.8                                                                          4.7

Step 2

a)-

Solution- From the table

Step 3

Countinuation of calc...

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