econ 1101 problems hw 2

A)Assume C=8000b G=200, X=100, and M=150b. GDP is 110b. What is the missing category of spending and how much is it?

B) Assume the working age population is 250m, employment is 140m, and unemployment is 10m.

compute the labor force, labor-force participation rate, and the unemployment rate.

Also problem 8a, b, c, f g and 11

 

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