lowing questions below: Canada: Macroeconomic Indicators Macroeconomic Indicator Old Period New Period GDP Nominal (x1000) $ 2,530,476 3021 $ 2,810,784 3Q22 GDP Real (x1000) 2012-100 $ 2,106,286 3021 $ 2,189,065 3Q22 GDP Index (implicit) 2012=100 118.60 3Q21 127.20 3022 GDP Real Growth (Rate % Calculated) 0.16% 3Q21 3.9% 3022 GDP Growth Rate (Yearly % Change) *StatCan 1.4% 3Q21 -0.2% 3Q22 GDP Growth Rate (Quarterly % Change) 1.8% 3021 0.7% 3Q22 OECD Canada (Real GDP forecast) 4.5% 2021 3.2% 2022 OECD Total (Real GDP forecast / All Countries) 5.6% 2020 2.8% 2022 Population (million people) 38,426 2022 39,292 2022 GDP Per Capita (x1,000 / yr) [GDPr/Pop] $ 54.813 3Q21 S 55.712 3Q22 GDP Per Capita (annual % change) N/A 3Q21 1.64% 3022 CPI Index (index) 2002-100* 144.00 Dec.21 153.10 hs Dec.22 Inflation Rate (%) 2002-100 4.70% Dec.21 6.3% Dec.22 Policy Interest Rate (Bank of Canada) 0.25% Jan.22 4.50% Jan.23 population +15yrs (million) 31,510 32,007 Labour Force (x1000 people) 20,612 20,807 Jan.22 Jan.23 Employed (x1000 people) 19,376 19,770 Unemployed (x1000 people) 1,236 1,037 Unemployment rate(%) 6.5% Jan.22 5.0% Jan.23 Using the most recent statistical data (use the previous table and class discussions as reference): 1. Define the 3 macroeconomic goals, Indicators, and targets (20 marks) - Mex 300 words 2. Is Canada facing Inflation, recession, or general equilibrium? (Support your arguments) (10 marks) - Max 200 words 3. Describe the possible macroeconomic scenario for Canada In 2023-2024. Is the economy sustainable? (10 marks) - Max