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Unemployment Question (Show me your work. I will deduct points for only answers without any work). Assume a city called Macroland, where the total population is 80,000. Of that 50,000 are people between the ages of 18 and 65, and 10,000 below 18 and the rest above 65. In the month of January in Macroland, the number of people in the 18 to 65 years old group that have jobs are 35,000 people, The number in that age group looking for jobs are 7,000 people. Answer all parts to the question for the population between ages of 18 and 65 only. You may type the answer on text if possible or upload a file. a. How many people are in the labor force? b. How much is the unemployment rate ? c. How much is the labor force participation rate? Now assume in the month of February in Macroland there were some changes in the labor market. Of the people who were employed, 6000 lost their jobs but only 4500 of the 6000 who lost jobs were interested in looking for jobs. Of the people in January who were unemployed, 2000 got jobs, and 800 stopped looking for jobs. d. Given the changes, what is the labor force of Macroland in February? e. How much is the unemployment rate in February? f. How much is the labor force participation rate in February? g. How many discouraged workers were there for changes between January and February?Inflation Question (Show me your work. I will deduct points for only answers without any work). Three years of prices for country called Curryland is presented below for Entertainment, Medical and Food. The base year is 2016. CPI is the consumer price index. 2015 2016 2017 Entertainment 15,000 16,000 18,000 Medical 12,000 12,500 13,600 Food 18,600 19,000 19,200 a. How much is the CPI for 2015. Interpret your number. b. How much is the CPI for 2016 c. How much is the CPI for 2017 d. How much is the inflation rate between the years 2015 and 2016 e. How much is the inflation rate between the years 2016 and 2017 f. How much is the inflation rate between the years 2015 and 2017 g. Calculate the relative prices between 2015 and 2016 for Entertainment and Food. Which is relatively more expensive?Value-Added to GDP Question. Production Value of Input Value of Output Value Added Coffee Bean farming $0 A B Processing Coffee $3.00 $1.00 Distributing Coffee D $6.50 E Selling Coffee to customers F G $2.25 a. Fill in the table above. The values for values of inputs, outputs, and value added. I listed them as A, B, C, D, E, F, G. So in your answer in the text box just type is A = ? B = ? C = ? D = ? E = ? F = ? G = ? b. How much is added to GDP from this production activity