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I need all answers of these all questions (macroeconomics Assignment) Questions Q 1 Suppose an economy's real GDP is $30,000 in year 1 and $31,200

I need all answers of these all questions (macroeconomics Assignment)

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Questions Q 1 Suppose an economy's real GDP is $30,000 in year 1 and $31,200 in year 2. What is the growth rate of its real GDP? Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of real GDP per capita? Q 2 Suppose that work hours in New Zombie are 200 in year 1 and productivity is $8 per hour worked. What is New Zombie's real GDP? If work hours increase to 210 in year 2 and productivity rises to $10 per hour, what is New Zombie's rate of economic growth? Q 3 The table below gives some labor statistics (from the Bureau of Labor Statistics) for years 1995, 2000 and 2005. Use these data to answer the following questions. Express your answers in percentage terms to two places past the decimal. Variable 1995 2000 2005 Population 26,000,000 27,000,000 28,000,000 Adult population 18,000,000 19,000,000 20,500,000 Adult population able to 17,900,000 18,800,000 20,000,000 work Adult population able 15,700,000 16,500,000 18,000,000 and wanting to work Number employed 14,000,000 14,500,000 15,000,000 Number unemployed 1,000,000 1,500,000 2,500,000 i. Define labour force. For each year find the labour force. ii. Define the labour-force participation rate. Calculate it for each year. iii. Calculate the unemployment rate for each year. iv. Which of the following people is considered unemployed by the Bureau of Labour Statistics? Explain your answer in each case. a. A housewife or househusband. b. A college student who is not looking for work. c. A college student who has just graduated and is looking for a job. d. A person who was fired 3 months ago and has been looking for a job ever since. e. A person who was fired 3 months ago and unsuccessfully looked for a job for 1 month, but has not looked for a job

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