1. Answer the following numerical questions: [5 points] a. Suppose statistics Canada reported the following data: Labour force participation rate is 70%, adult population is 35 million and the unemployment rate is 8%. Calculate the number of employed people in the economy b. Suppose GDP in a closed economy is equal to $100 million, Consumption is $50 million, and the government's net tax rate is 10%. If we are told that the government has a budget decit of 5 million, calculate government purchases