QUESTION 20 10 points Labor Data for Uruguay Year 2017 2018 2019 Adult 6,000 9,000 9,600 population Number of employed 4,200 3,900 4,800 Number of 600 1,800 600 unemployed The unemployment rate of Uruguay in 2018 was around а. 20 % b. 32 % с. 43 % d. None of the above b

Show how the unemployment rate in each month is calculated from the numbers of people.

The following question has 5 parts (a.-e.), parts b. to e. will be revealed after submitting your answer by hitting "Verify" on the preceding sections. Suppose the labour force of an economy is equal to 1,000 and the unemployment on December 2010 is 0. Then, suppose that in January 2011 and every month that follows, 70 workers become unemployed for 1 month, 31 become unemployed for 2 months, 16 become unemployed for 3 months and 9 become unemployed for 13 months. a. When will the economy reach its steady state? Month: Click for List Year: Click for List

What are the possible effects of a high unemployment rate on a country's economy? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Consider the table below Year Fruit Index Fruit Inflation Real GDP Nominal GDP GDP Deflator GDP Inflation 2005 93.48 x 4438.40 4162.00 93.77 x 2006 100.00 a 4768.00 d 100.00 6.64 2007 b 3.89 5163.43 5355.35 103.72 e 2008 115.33 c f 6514.45 114.78 10.66 Based on the values of the table, what is the value of d ? (Please round your answer to include 2 decimal places.)

My CPI numbers are way too big. I keep getting 500 and 400. What am I doing wrong? For year 2009 I added 2,000 for the hot dogs, plus 2,000 for the baseballs, plus 1,000 for the beer divided by 900 for the base year. And times 100.

Refer to the following table. Suppose the CPI basket consists of 10 pies of pizza and 20 bottles of milk respectively, and 2020 is the base year. Year Price of pizza Price of milk 2020 $250 $40 2021 $280 $45 а. Calculate the CPI in 2020 and 2021 respectively. What is the inflation rate in 2021? b. Suppose the minimum wage is $37.5 per hour in 2020, how much would it be in 2021 in order to maintain the same purchasing power in 2020?. С. Which one do you think is a better measure of a household's cost of living, CPI or GDP deflator? Why?*

Question 2 Part (a) Refer to the table below for a very simple economy producing three goods: education, pizzas and cars. Steel panels are needed for car production, cheese is necessary for making pizzas and projectors are used for educational service. Product Steel panels Education Cars Cheese Pizzas Projectors Quantity 40 400 400 2500 2500 4000 2017 Price $5000 $1000 $10000 $1.50 $9.00 $2000 Quantity 50 450 500 3500 3500 5000 2022 Price $6000 $1100 $12000 $1.50 $12.00 $3000 What is the nominal GDP for the economy in 2022? What was the nominal GDP in 2017? What is the real GDP in 2022 using 2017 prices as base year prices? What is the overall real GDP growth rate between 2022 and 2017? Part (b) Assume for an economy, there are 11.5 million people employed, unemployment rate is 5.2%, labor force participation rate is 64%, number of defence force personnel