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Year 2019 Year 2020 Product Quantity Average Price per Unit Quantity Average Price per Unit Pizza 31 $5 33 $16 Burgers 42 15 39 12

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Year 2019 Year 2020 Product Quantity Average Price per Unit Quantity Average Price per Unit Pizza 31 $5 33 $16 Burgers 42 15 39 12 3. Using year 2020 as the base year, the economy's CPI in year 2019 is The economy has part time workers of 20 million people, and full-time workers of 150 million people. There are 10 million who have no job and search for one. Lastly, 5 million who have no ob but stop searching while waiting for a positive mood in the economy 4. The unemployment rate in the economy is_ %. Suppose the economy has a population of 40 million people and a labor force participation rate of 58%. Furthermore, suppose the natural rate of unemployment in the economy is 5.5%. If the current number of unemployed people is 1.5 million people, what is the rate of cyclical unemployment rate? 5. Answer: %Year 201 e _ Year 2eze Average Price per Unit 2. What is the growth rate of Real GDP for Country "(from 2019 to 2020

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