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Refer to the figure below, and then answer the following question(s) .
-The missing label indicated by a "2" corresponds to the:
Inflation Rate
The velocity with which the average cost figures for goods and services ramp up, undercutting the efficiency of consumer expenditure.
Unemployment Rate
The ratio of the entire labor pool that is jobless yet actively searching for work and prepared to start working.
Fed
The Federal Reserve System, which is the central bank of the United States, responsible for the nation's monetary policy.
Inflation
The velocity at which the general cost of goods and services surges, thereby diminishing the purchasing capacity.
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