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4 ) Use the data provided in Table 1 and 2 to calculate ( show your work ) the following macro aggregates a . Personal

4) Use the data provided in Table 1 and 2 to calculate (show your work) the following macro aggregates
a.
Personal Consumption Expenditures
b.
Gross Private Domestic Investment
C.
Net Exports
d.
Government Purchases of Goods and Services
e.
GDP using the expenditure approach
f.
GDP per capita
5)collegeville economists have been using 2018 as their base ear to calculate inflation.
a.
What is the CPI during the base year (2018)?
b. What is the CPI for 2019?
c. What is the CPI for 2020?
6) Calculate the rate of inflation for Collegeville between the base year (2018) and 2019? In other words, what was the rate by which prices increased between those years? Round the percentage to one decimal place; that is,4.36% is 4.4%.
7) Calculate the rate of inflation for Collegeville between 2019 and 2020? In other words, what was the rate by which prices increased between those years? Round the percentage to one decimal place; that is,4.36% is 4.4%.
8) how many discouraged workers does Collegeville currently have? Is this group considered to be in the Labor Force? Why or why not?
9)calculate the unemployment rate for Collegeville. Round the percentage to one decimal place; that is,4.36% is 4.4%.
10)once you have calculated the current unemployment rate in Collegeville, what is the corresponding
"employment rate". In other words, which proportion of the labor force is considered employed?
11)explain the relationship or connection between the Natural Rate of unemployment and the concept of
Full Employment?
12)according to the data, is the economy of Collegeville performing at, above or below full employment?
Explain.
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