Question 9 Not yet answered Marked out of 1.00 Flag question Adult working Labour Not in Number Number Employment Labour Force population force the Employed Unemployed rate Participation labour rate force 111,210 50,260 15,700 . What is the labour force participation rate? Answer:Question 7 Not yet answered Marked out of 1.00 Flag question Year Commodity Price Quantity Year 1 Clothing $4.00 300 units Food $5.50 200 units Year 2 Clothing $4.10 305 units Food $6.50 219 units Using year 1 as the base year, what is the inflation rate in year 2? Answer:Not yet answered Marked out of 1.00 Flag question Nominal GDP Population Per Capita Real Rate of real GDP deflator GDP GDP output growth Year Year 1 5,900 13 47.2 Year 2 7,800 14 52 Year 3 13,500 18 84.38 What is the value of Per Capita GDP in Year 1? Answer:Question 8 Not yet answered Marked out of 1.00 Flag question Year Commodity Price Quantity Year 1 Clothing $4.00 300 units Food $5.50 200 units Year 2 Clothing $4.10 305 units Food $6.50 219 units Using year 1 as the base year, what is the value of the CPI index for year 2