1) Suppose two countries with the same population each start with 10 unemployed workers and 90 employed workers. Subsequently 5 workers in country A find jobs and become employed, while in country B, all 10 of the unemployed become discouraged and leave the labour force.Because country B's rate of unemployment falls from 10% to 0%, while country A's only falls from 10% to 5%, we can say that the labour market outcome in Country B is superior to that in Country A.True, False, or Uncertain? Explain. Diagram can be used to help explain.

4) Suppose that U&I Inc. is a Canadian company that every year sells $10B of product, $6B to domestic and

$4B to foreign consumers. Yearly, it buys $1B of imported parts, pays its workers $5.5B, pays rent of

$0.5B, makes a $2B interest payment, and earns profits of $1B. U&I's operations add $9B yearly to GDP whether measured using the value added, expenditure, or income approach.True, False, or Uncertain? Explain. Diagram can be used to help explain.