2] When CPI is reported,outlet substitution bias in CPI is not considered. What does outlet substitution bias mean and why does it occur? (2 Marks]. 3] What is meant by "GDP Deator" How does this di'er from CPI? [2 Marks] 4} If in Canada the workingege population is 34 million, 1?.5 million are employed, 1.5 million are unemployed, and 2 million of the employed are working parttime, half of whom wish to work full-time. Calculate the unemployment-rate, employment rate and participation rate [for each calculation, show the formula and your work}- [6 Marks] 5] How are the results for the employment rate and participation used [i.e., what do the numbers tell us}? {1 Marks} 6} Mexico's real GDP was 14,462 billion pesos in 2016 and 14,203 billion pesos in 201?. Mexico's population was 122 million in 2016 and 122.5 million in 201?. Complete the questions below, fully showing your work and explaining your answers. {6 marks]