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handwritten solution not required correct answer will get instant upvote. (2 point) Assume the following data for a country: Total population is 700 Population under

handwritten solution not required correct answer will get instant upvote.

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(2 point) Assume the following data for a country: Total population is 700 Population under 16 years of age or institutionalized is 150 Not in labor force is 250 Unemployed is 23 Part-time workers looking for full-time jobs 10 a. What is the size of the labor force? b. What is the official unemployment rate? The business cycle (recession) has greater effects on output and employment in the capital goods and durable consumer goods industries than in the services and nondurable goods industries. O a. False O b. True Net Gross investment investment Depreciation Stock Consumption, government Stock of of expenditures, capital and not exports capital January 1 Year's GDP December 31 You may think with the above chart. Which of the following is wrong? a. If in a country, depreciation is bigger than gross investment, stock capital of that country will get smaller. b. Stock of capital in a country will grow if gross Investment is positive regardless of depreciation. c. Gross investment is included in GDP calculation of a country. d. If we add net investment and depreciation, we can get gross investment. Clear my choice

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