1. Here are some macroeconomic data for the country of Oz for the years 2011 and 2012. 2011 2012 Output 12 000 tonnes 14 300 tonnes of potatoes Employment Unemployed Prices 1000 workers 100 workers Total labour force 1100 workers 2 spuds/tonne of potatoes of potatoes 1100 workers 50 workers 1150 workers 2.5 spuds/tonne of potatoes As the data suggest, Oz produces only potatoes, and its monetary unit is the spud. Calculate each of the following macroeconomic variables for Oz, being sure to give units.

a. Average labour productivity in 2011 and 2012.

b. The growth rate of average labour productivity between 2011 and 2012.

c. The unemployment rate in 2011 and 2012.

d. The inflation rate between 2011 and 2012.