If you have any questions please don't hesitate to contact me. Unemployment and Inflation. Discouraged workers are the individuals who do not currently have a job and have not been looking for work. They are not counted as unemployed. You need to know definitions of these types of unemployment and how they relate to the natural rate of unemployment.
Inflation rate is the percentage rate of change of the price level in the economy.
Please review the definitions above for the test and the final exam.