Figure 9.7: Cyclical Unemployment: 1980-2012 
(SOURCE: Federal Reserve Economic Data, St. Louis Federal Reserve)
-The figure above shows cyclical unemployment for the years 1980-2012. Using your best guess by looking at the figure, what was the output gap in 1992, 2003, and 2010? What is the change in inflation for those years?
Definitions:
Mental States
Conditions of mind or consciousness, including emotions, thoughts, beliefs, intentions, and sensations.
Wundt
Wilhelm Wundt, often considered the father of psychology, who established the first psychological laboratory in Leipzig, Germany, focusing on introspection and psychological experiments.
Structuralism
An approach in psychology that seeks to understand the structure of the mind by analyzing the basic elements of thoughts, sensations, and perceptions.
Simplest Units
The most basic elements or components from which something is formed.
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