Chapter 13

13(1) Unemployment
Identify  and explain in your own words the key terms (331)
unemployment  rate
Frictional, seasonal, structural, cyclical unemployment
Full employment
discouraged worker
Answer  Global connections question on page 335.
Questions 1-6 (odd/even) page 336

13(2) Inflation
Identify the key terms (339)
inflation vs. deflation
price index (CPI, PPI)
core inflation rate vs. inflatiion rate
Hyperinflation
demand pullvs. cost push inflation

What is a wage price spiral (page 342)?
Questions 1-6 (odd/even) page 343.

Read Oprah Winfrey (344)Answer questions 1+2 (odd/even)

13(3) Poverty
Identify the key terms (345)
Poverty rate vs. poverty threshold
enterprise zone
block grant
workfare

Look at poverty rates by group ( 346) What race and gender  has the highest and lowest rates of poverty.
What does the Lorenz curve (348) show?
Questions 1-8 (350) odd/even
Questions 1+2 on page 351.