BAFB1033 Macroeconomics.pdf - Adobe Acrobat Reader DC (64-bit) X File Edit View Sign Window Help Home Tools BAFB1033 Macroec... x ? A Sign In 4 /5 + 125% Question 2 Search 'Underline' In May 2019, the population of a small economy was 270 million and the outside labour force population was 126 million. There were 144 million people in the labor force and 120 million of Export PDF ~ them were considered employment. Adobe Export PDF In July 2019, 2 million people were laid off due to the weak economy. Out of these people, 0.5 Convert PDF Files to Word or Excel Online million decided to retire. Select PDF File Based on the given information: BAFB1033 ...omics.pdf X a) Calculate the unemployment rate in May 2019. (2 Marks) Convert to b) Calculate the participation rate in May 2019 (2 Marks) Microsoft Word (*.docx) Document Language: c) Calculate the number of people in the labor force in July 2019. (2 Marks) English (U.S.) Change d) Calculate the number of unemployed in July 2019. (2 Marks) Convert e) Calculate the unemployment rate in July 2019. (2 Marks) f) Is it possible to eliminate unemployment. (1 Marks) Edit PDF g) Explain THREE (3) causes of the unemployment rate with examples. (9 Marks) Convert, edit and e-sign PDF forms & agreements (Total: 20 Marks) Free 7-Day Trial Question 3 Type here to search LO C F X D O 60% ~ 9 8 71)ENG 2:13 PM 21/8/2022 6