b. cyclical unemployment c. frictional Unemployment d. All of the above. 10. If you take a year off from work to nurture your new-born child you will be a. Structurally unemployed. b. Frictionally unemployed. c. Seasonally unemployed. d. Cyclically Unemployed. Robinson Crusoe is a castaway, stranded on a lonely island with only a hand full of resources. To stay alive he picks off apples, grows barley, and washes it down with some cool coconut milk. In his leisure time he carves wooden drumsticks (to jam on rocks) and earplugs for whenever he gets tired listening to himself. Some time, he starts recording his activities to bring structure to his outcast life. Use the table of the prices and quantities Robinson documented in 2021 and 2022 to make an assessment on the state of his economy. Assume that 2017 is the base year. (20 points) Goods Prices Quantities 2021 Prices Quantities 2022 2021 2022 Apple 1 1000 2 900 Barley 2 400 1 700 Coconut 3 200 2 250 Drumsticks 10 50 20 10 Earplugs 5 20 10 10 11. Compute the ination rate in 2022. Show your work. 12. What is Nominal GDP (NGDP) in 2021 & 2022? Compute NGDP growth as well. Show your work. 13. What is Real GDP (RGDP) in 2021 & 2022? Note that GDP deflator2021 = 100 & GDP deflator 2022 = 103.125. Compute RGDP growth as well. Show your work. 14. Explain your results to Robinson. Especially emphasize the distinction between NGDP and RGDP and why it makes sense to differentiate between the two. Make sure to relate your arguments to your calculations above. 15. In real-life, would production contributions from outcasts such as Robinson Crusoe who live off the grid be counted in GDP? Why or why not? (3 sentences max.)After being rescued by a ship, Robinson Crusoe returns to civilization but realizes shortly after that he appreciated his former simpler fe. Therefore, he starts a conunune with like-minded folks. A year into its existence, Robinson evaluates the labour market numbers to assess recent employment trends. Below you can nd some relevant information on this commune as of 2019: (10 points) i. Overall population: 5,000 ii. Working age population: 2,250 iii. Labour force: 1,000 iv. Employed: 990 16. How many people are too young, too old, or institutionalizedl and thus not considered for the unemployment rate to begin? 17. Describe what kind of people are removed moving from the working age population to the labour force and the motivation for doing so. (3 sentences max.) 18. How many people are officially declared 'unemployed'? 19. What is the ofcial civilian unemployment rate of this commune as of 2019? 1 The commune does indeed have a prison where people who misbehave are incarcerated