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Question 4 - Short answer Question (10 points) Define CPI (Consumer Price Index) and Explain why it's important? Question 5 - Probelm Solving (40 points) Question 5.1 Use the below data to calculate: 1- The labor force (5 points) 2- Unemployment rate (5 points) 3- Population (5 points) 4- Labor force participation rate (5 points) Population of Turkey - by group - 2010 Number of employed 84.5 million Number of unemployed 10.6 million CopLight Not in labor forcelle 16.5 million ddle East 2020 Question 5.2 The Central Bank of the US. published this information about money supply in 2019: Currency $4,300,000 Time Deposits $8,750,000 Small Time Deposits $3,400,000 Traveler's Checks $2,800,000 Demand Deposits $2,300,000 Savings Deposits $4,000,000 Checkable Deposits $900,000 Using these information. Calculate Monetary Aggregates: M1 = ? (7.5 points) M2 - (7.5 points) . M3 ? (5 points)