The glomerular capsule is also known as: 

EXTRA CREDIT: How has the labor force participation rate been changing since 2000?

Inflation necessarily occurs when the price of gasoline rises.

Suppose that a spike in the price of gasoline is due to inflation but is misinterpreted by suppliers as an increase in demand, leading to overproduction on gasoline. This would be an example of a ___________ problem.

(Table: World Bank GDP for the United States) Consider the following table. Fill in the blanks, round your answers to the nearest hundredth.  Year Real GDP (Millions) Economic Growth 2013 $17,329,814.71 – 2014 $17,726,282.04 % 2015 $18,206,020.74 % 2016 $18,509,601.05 % 2017 $18,924,571.73 % 2018 $19,481,973.19 2.95% 2019 $19,928,975.20 2.29% 2020 19,377,380.52 -2.77% 2021 $20,529,459.73 5.95% 2022 $20,926,835.05 1.94%

EXTRA CREDIT: According to the Wall Street Journal article “Why America Has a Long-Term Labor Crisis, in Six Charts”, what are the factors contributing to the labor shortage?

Dell is an American computer manufacturer with a factory in Brazil. The value of Dell’s production in Brazil is included

Suppose a typical consumer’s “basket” consists of 5 bottles of gatorade, 2 pairs of shoes, and 2 books. Fill in the blanks. Use 2019 as the base year. Round your answers to the nearest cent (or hundredth). Year PGatorade PShoes PBooks Price of Basket CPI Inflation 2018 $1 $45 $20 $ 90 – 2019 $2 $50 $20 $150 11.11% 2020 $2.50 $50 $15 $142.50 % 2021 $3 $60 $12 $159 106 2022 $4 $70 $9 $ 11.95%

Consider the following table: Group # in Millions Work-eligible population 205 Not in labor force 53 Employed 135 Unemployed 17 Calculate the unemployment rate and the labor force participation rate. Round your answers to the nearest tenth. Unemployment rate = % Labor Force Participation Rate = %

Real GDP uses current prices.