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please answer 1.1 Study the following information and choose the correct option. A country with a population of 45 million people, there are 16 million

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1.1 Study the following information and choose the correct option. A country with a population of 45 million people, there are 16 million children under the age of 15 years, 18 million employed, 5 million pensioners, 5 million unemployed and looking for work. a) The unemployment rate according to the strict definition is 11 % b) The unemployment rate according to the expanded definition is 25 % ) The unemployment rate according to the strict definition is 21.7 % ) The unemployment rate according to the expanded definition is 20% 1.2 Study the following table that represents the average consumption of goods in a hypothetical economy alongside their prices and answer the question that follows. Bread Meat Entertainment 2021 Price R 12.50 R 70 R 25 2021 Quantity 45 15 8 2022 Price R 13 R 85 R 28 2022 Quantity 45 15 8 a) The inflation rate between the two years is falls outside of the South African Reserve Bank's target of between 3 - 6% b) The CPI in 2021 is 114.98 C) The CPI in 2022 is 110.85 d) The CPI in 2021 is 14.98 %

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