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Countries face tradeoffs between producing consumer goods and producing capital goods. A. Country X takes one hour to produce a unit of consumer goods and

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Countries face tradeoffs between producing consumer goods and producing capital goods. A. Country X takes one hour to produce a unit of consumer goods and two hours to produce a unit of capital goods. Country Y takes two hours to produce a unit of consumer goods and four hours to produce a unit of capital goods. Which country has a comparative advantage in the production of consumer goods? Explain. The following table shows labor-market data for Country X. Employed 180,000 Frictionally unemployed Structurally unemployed Cyclically unemployed Not in the labor force B Calculate the unemployment rate in Country X. Show your work. C. Calculate the labor force participation rate in Country X. Show your work. D. Draw a correctly labeled graph of the production possibilities curve for Country X, with consumer goods on the horizontal axis and capital goods on the vertical axis. Indicate a point on your graph, labeled 2, that reflects the current level of unemployment

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