Answer the following questions below

1. The only goods sold in the country of Delaneyville are stuffed purple dinosaurs, bags of lemon drops, and bags of gumdrops. The weight is given in the table shown below. If the base year is 1999, calculate theCPI (rounded) in the year 2015 for the statistics given in the table shown below:

Good	Weight	1999 Price	2015 Price
Stuffed dinosaur	6	$20.00	$24.50
Bag of lemon drops	8	$3.00	$4.50
Bag of gumdrops	10	$1.50	$5.35

2. Which of the following trends in March's unemployment report is correct?

Question 2 options:

	private sector jobs and part time unemployment increased
	public sector decreased
	self-employment decreased
	private sector jobs and full unemployment declined

3. What was the economists' forecast for the March unemployment report?

Question 3 options:

	gain of 6,000 jobs
	loss of 10,000 jobs
	loss of 6,000 jobs
	gain of 10,000 jobs

4. Country A's GDP in the year 2017 was measured at $1.5 billion when the unemployment rate was 6.6%. If the natural rate of unemployment is 6.2%, how much was Country A's GDP gap (in billions) in the year 2017?

Question 4 options:

	9 million
	12 million
	6 million
	15 million

5. J. Beneteau Enterprises has negotiated a collective agreement with its workers that fully protects them against the effects of inflation by fully indexing wages to the CPI. If the wage rate in the first year of their contract was $28.15 per hour when the CPI was 115, what is the wage rate at the end of the third year of the contract when the CPI is 145?