Multiple choice.

The first image should be the second and and the second image should be the first.

2022.tle.courses.open.uwi.edu ECON1000 | $1 22/23: Group Assignment - PART I (20%) Group Assignment - PART I (20%) (page 2 of 4) The Learning Exchange 2022 . Calculate the nominal GDP for 2013. . Calculate the real GDP for 2011. Calculate the real GDP for 2012. . Calculate the real GDP for 2013. . Calculate the growth rate in real GDP for 2012. (using 1 decimal place . Calculate the growth rate in real GDP for 2013. (using 1 decimal place % . Calculate the cost of the market basket for 2011 (using 1 decimal place). . Calculate the cost of the market basket for 2012 (using 1 decimal place). Calculate the cost of the market basket for 2013 (using 1 decimal place). . Calculate the CPI for 2012 (using 1 decimal place). . Calculate the CPI for 2013 (using 1 decimal place). Calculate the inflation rate for 2012 using the CPI (using 1 decimal place). . Calculate the inflation rate for 2013 using the CPI (using 1 decimal place). % Calculate the GDP deflator for 2012. . Calculate the GDP deflator for 2013 (using 1 decimal place). . Calculate the inflation rate for 2012 using the GDP deflator (using 1 decimal place). . Calculate the inflation rate for 2013 using the GDP deflator (using 1 decimal place). oo I] E 2022.tle.coursesopenuwiedu (3 (D [1] + (s ECON1000| 31 22/23: cmup Assignment - PART I (20%) a Group Assignment - PART I (20%) (page 2 of 4) 1e Learning Exchange 2022 1 3 4 5 6 7 8 9 Quesum' 2 Question 2 N . . . . . . ar:vii::ed Suppose the In ormatlon In the table Is for a Simple economy that produces and consumes only four goods and serVIces: textbooks, hamburgers, shirts and cotton. Marked out of 36.00 Base Year: 2011 Finish attempt '7 Flag 201 20 2 2013 question Product Quantity 3rice Quantity Price Quantity Price Textbooks 90 $50 100 $60 100 $65 Hamburgers 75 2 100 2 120 2.25 Shirts 50 30 50 25 65 25 Cotton 100 0,80 800 0,60 120 0.70 Please enter only the numbers (no commas, dollar signs etc.) in the spaces provided. C Ca cu ate he nominal GDP for ZONE 0 Ca cu ate he nominal GDP for 2012. 0 Ca cu ate he nominal GDP for 2013. 0 Ca cu ate he real GDP for 2011. O Ca cu ate he real GDP for 2012. 0 Ca cu ate he real GDP for 2013. 0 Ca cu ate he growth rate in real GDP for 2012. (using 1 decimal place % - Ca cu ate he growth rate in real GDP for 2013. (using 1 decimal place % 0 Ca cu ate he cost of the market basket for 2011 (using 1 decimal place). 0 Ca cu ate he cost of the market basket for 2012 (using 1 decimal place). O Ca cu ate he cost of the market basket for 2013 (using 1 decimal place). I] a 2022ttletcoursestopentuwitedu 6 Jo ECON1000|S122/23:Gmup Assignment - PART I (20%) a Group Assignment - PART I (20%) (page 3 of 4) Tte Learning Exchange 2022 ECON1000 Principles of Economics 1 (GAO) |S1 22/23 Time left Question 3 Not yet answered Marked out of 1000 F Flag question Question 4 Not yet answered Question 3 Please enter only the numbers (no commas, dollar signs etc.) in the spaces provided. We are given the following information for UWI Land. At the start of the period, there are 334,250 employed workers, 15,750 unemployed and 150,000 not in the labour force During the period 500 workers lost theirjobs but are currently looking for a new one; 1000 employed workers decided to retire; 2500 were unemployed but just started a new job. Of the workers not in the labour force 5,000 workers entered the labour force but are still looking for a job and 21,000 workers just found a job. C How many workers are employed?: 0 How many workers are unemployed? 0 How many workers were in the labour force? 0 How many workers are not in the labour force? 0 Calculate the unemployment rate, % O Calculate the labour force participation rate. % C Calculate the employment to population ratio. (using 1 decimal place) % In each of the following cases, classify the person as cyclically unemployed, structurally unemployed, frictionally unemployed or not in the labour force. Quiz navigation EIEIIE E =inish attempt 0 2022ttletcoursesropenruwiredu (j a ECON1000| s1 22/23: Group Assignment - PART I (20%) a Group Assignment - PART I (20%) (page 3 of 4) 1e Learning Exchange 2022 0 Calculate the labour force participation rate. % 0 Calculate the employment to population ratio. (using 1 decimal place) % Ques'ion 4 In each of the following cases, classify the person as cyclically unemployed, structurally unemployed, frictionally Not yet unemployed or not in the labour force. answered Marked out of 6,00 ' t' H There has been a general economic slow-down. Because of weak demand, Workeri as question has lost hlSJOb. J Choose... J Cyclical unemployment Frictional unemployment Worker 2, a newly qualified professional, is looking for a place to set up practice. Structural unemployment Not in the Labour Force Worker 3 is unemployed clue to the introduction of a more mechanized process. a \"muse." .A Worker 4, quit her job two months ago in search of a better-paid position She is still looking. Choose... v A firm closes a plant in Kingston and transfers production to a plant in Montego Bay The plant supervisor is given the opportunity to move to Montego bay to become the A plant supervisor, He turns down the opportunity because of family obligations. Choose... ' Worker 5 got laid off from herjob as a financial analyst 3 months ago and has not h C oose... : looked for a new job since. Ques'b" 5 How will each of the following scenarios impact the market for labour N t t . r r 3:5vz:red Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of /l rm Impact on supply of labour manna I} EC I) 2022.tle.coursesopenuwiedu C (D [I] + E] A ecomooo ( s1 22/23: Group Assignment - PART I (20%) a Group Assignment - PART I (20%) (page 3 of 4) The Learning Exchange 2022 0 Calculate the labour force participation rate. % C Calculate the employment to population ratio. (using 1 decimal place) % Ques'ion 4 In each of the following cases, classify the person as cyclically unemployed, structurally unemployed, frictionally Not yet unemployed or not in the labour force. answered Marked out of 6.00 '7 Fl There has been a general economic slow-down. Because of weak demand, Workeri 39 . . question has lost hlSJOb. Choose... s Worker 2, a newly qualified professional, is looking for a place to set up practice. _] Cyclical unemployment Worker 3 Is unemployed due to the Introduction of a more mechanized process. Frictional unemployment Worker 4, quit her job two months ago in search of a better-paid position. She is still Structural unemployment looking. Not in the Labour Force _ A firm closes a plant in Kingston and transfers production to a plant in Montego Bay. The plant supervisor is given the opportunity to move to Montego bay to become the A plant supervisor, He turns down the opportunity because of family obligations. Choose... ' Worker 5 got laid off from herjob as a financial analyst 3 months ago and has not looked for a new job since. Choose... ' meal\" 5 How will each of the following scenarios impact the market for labour N t t . . . \"lira Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of /l an Impact on supply of labour mm\"; I} T Question 4 Not yet answered Marked out of 6.00 \\7 Flag question Question 5 Not yet answered Marked out of /l (m I] a 2022.tle.coursesopenuwiedu 6 ECON1000 | 8'] 22/23: Group Assignment - PART I (20%) 1e Learning Exchange 2022 0 Calculate the labour force participation rate. % C Calculate the employment to population ratio. (using 1 decimal place) % a Group Assignment - PART I (20%) (page 3 of 4) In each of the following cases, classify the person as cyclically unemployed, structurally unemployed, frictionally unemployed or not in the labour force. There has been a general economic slow-down. Because of weak demand, Workeri has lost his job. Worker 2, a newly qualified professional, is looking for a place to set up practice. Worker 3 is unemployed due to the introduction of a more mechanized process. Worker 4, quit her job two months ago in search of a better-paid position. She is still looking. A firm closes a plant in Kingston and transfers production to a plant in Montego Bay. The plant supervisor is given the opportunity to move to Montego bay to become the plant supervisor, He turns down the opportunity because of family obligations. Worker 5 got laid off from herjob as a financial analyst 3 months ago and has not looked for a new job since. How will each of the following scenarios impact the market for labour Choose... Choose... ~/ Choose Cyclical unemployment Frictional unemployment Structural unemployment Not in the Labour Force Choose... Choose... Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Impact on supply of labour Nmnu I} I] E 2022.tle.coursesopenuwiedu (L a ecomooo ( 51 22/23: Group Assignment - PART I (20%) a Group Assignment - PART I (20%) (page 3 of 4) 1e Learning Exchange 2022 0 Calculate the labour force participation rate. % C Calculate the employment to population ratio. (using 1 decimal place) % Ques'ion 4 In each of the following cases, classify the person as cyclically unemployed, structurally unemployed, frictionally Not yet unemployed or not in the labour force. answered Marked out of 6.00 '7 Fl There has been a general economic slow-down. Because of weak demand, Workeri 39 . . question has lost hlSJOb. Choose... c Worker 2, a newly qualified professional, is looking for a place to set up practice. Choose... : Worker 3 is unemployed due to the introduction of a more mechanized process. Choose... g Worker 4, quit her job two months ago in search of a better-paid position. She is still ] lookin . . g Cyclical unemployment A firm closes a plant in Kingston and transfers production to a plant in Montego Bay. Frictional unemployment The plant supervisor is given the opportunity to move to Montego bay to become the Structural unemployment plant supervisor, He turns down the opportunity because of family obligations. ' Not in the Labour Force _ Worker 5 got laid off from herjob as a financial analyst 3 months ago and has not looked for a new job since. Choose... ' meal\" 5 How will each of the following scenarios impact the market for labour N t t . . . 3:93;\" Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of /l an Impact on supply of labour Nmnu I} T Question 4 Not yet answered Marked out of 6.00 \\7 Flag question Question 5 Not yet answered Marked out of /l (m I] a 2022.tle.coursesopenuwiedu 6 ECON1000 | 8'] 22/23: Group Assignment - PART I (20%) 1e Learning Exchange 2022 0 Calculate the labour force participation rate. % C Calculate the employment to population ratio. (using 1 decimal place) % a Group Assignment - PART I (20%) (page 3 of 4) In each of the following cases, classify the person as cyclically unemployed, structurally unemployed, frictionally unemployed or not in the labour force. There has been a general economic slow-down. Because of weak demand, Workeri has lost his job. Worker 2, a newly qualified professional, is looking for a place to set up practice. Worker 3 is unemployed due to the introduction of a more mechanized process. Worker 4, quit her job two months ago in search of a better-paid position. She is still looking. A firm closes a plant in Kingston and transfers production to a plant in Montego Bay. The plant supervisor is given the opportunity to move to Montego bay to become the plant supervisor, He turns down the opportunity because of family obligations. Worker 5 got laid off from herjob as a financial analyst 3 months ago and has not looked for a new job since. How will each of the following scenarios impact the market for labour Choose... Choose... Choose... Choose... _ Cyclical unemployment Frictional unemployment Structural unemployment Not in the Labour Force Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Impact on supply of labour Nmnu I} I] E 2022.tle.coursestopentuwioedu (L a ecomooo ( 51 22/23: Group Assignment - PART I (20%) a Group Assignment - PART I (20%) (page 3 of 4) 1e Learning Exchange 2022 0 Calculate the labour force participation rate. % C Calculate the employment to population ratio. (using 1 decimal place) % Ques'ion 4 In each of the following cases, classify the person as cyclically unemployed, structurally unemployed, frictionally Not yet unemployed or not in the labour force. answered Marked out of 6.00 '7 Fl There has been a general economic slow-down. Because of weak demand, Workeri 39 . . question has lost hlSJOb. Ch A oose... v Worker 2, a newly qualified professional, is looking for a place to set up practice. Choose.\" : Worker 3 is unemployed due to the introduction of a more mechanized process. Choose... g Worker 4, quit her job two months ago in search of a better-paid position. She is still looking. Choose... v A firm closes a plant in Kingston and transfers production to a plant in Montego Bay The plant supervisor is given the opportunity to move to Montego bay to become the A plant supervisor, He turns down the opportunity because of family obligations. Choose... ' Worker 5 got laid off from herjob as a financial analyst 3 months ago and has not ' looked for a new job since. i . ( Cyclical unemployment ' Frictional unemployment ( Structural unemployment meal\" 5 How will each of the following scenarios impact the market for labour ' Not in the Labour Force N t t _ \\+ 3:93;\" Worker preferences change so that the workers prefer consumption of market goods to consumption of leisure. Marked out of /l an Impact on suonlv of labour Nmnu I}