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ECO104 Mid1 Solution
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ECO104 Mid1 Solution
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Mc. 4. @. nak export 2.b. ODP B. @. maot GDP 4, 0. GOP Fer FEMON 5. da. mecesion GC. beth word % @. both a odd g. d. rene of the obove 3 2. voth a ard b 4o.aboth a and v. Avorn te the, ©) GewP Dedioton of 2019 Nonfnal GDP sf 2019 + (20x100) + (400x416) + Uooars) = 2600 4 4000 + 5000 > 41000 Nomimel GP of 209 4 14000 Agrin, Rial GP = (4oxico) + Beex10) +(2000%5)) = doco + 2000 4 10000 = 22000 GP m - 2 dllder 0§ 201 MELD ig, = 50. Cans)pcan cerem *) ste got bebte of 707 bet tne weal GDP of 20% © 200) + e007) som) (ay 2an00 -A400% x 100 GDP grees woke = = -20 Ganowih vate of real Gap of 202 “te nagalive. which moons the grevih vole of neal OP of 2019 was receeten. A) me got 50 08 the onswen of XbP cuflodyn oF 2019. Which eons tr 268 he (bP didleded fe Sd. TE means the cumeert lel of prices whith 0 trerensed from the evel of Prius th base near ao became double 'm creme thot the snominy erika Ir PICS ~otner TY reese 4+ alode mise‘ TA oles CrP i otiteutable te Aran a nice iin the opunnkles. produced SD Me Sourd cul abel he growth rote of Peed dP of 2019 was 60 ‘ine which mes The omswen is growth rote Tm megetive opm . When he of GOP %5 vege tive mans the comtny ts ging Ahrough recession whie Aoted as depressionene alive enemy 2) Caleulating ollenn rate of 2019 As we know, Meal. vie (Unnglged 2 DD. x 400 CF + Dw) 4, ‘he numben od unemplayed people» 20 rvilien, tater Some = 20 million PMecoucoped wonbiens = 40 milton . Mernotive nemploymeant note Soman + 40 mtn Fo millon + 40 grtlhon * S00 Be guistion nO =, 2 daleulaing Unemployment wale of 20 Meme en of Orloyed Peaple = 40 million rumen of Peeple rok'in tha labor per = 80 wt tha numben of unemployed peeple = 26 milton Lamm Foret = 40 nien +29 slian +30 wien 20 Aen srdine, onemployment mote. < 20 7Aon AThendbane, onempbyme ST 400 = Aa et% 2) Caleutotirg labor ona, patistpaton este of 204 hone, Aatult Population = 449 Laven Fonee = 70 million. ties FO wilion Lobon Aonas portieipation nade « aa 449 lon * = 5B.e24%Firemen Yo The quention 20 The lahon mackel Te eguilibnium “hen suerly 2qusls des Tat Guombity of Lovout emplayed pods in 2% cost of tho wosket of @ cae zoo) 4 (e020) 4 (2000728) = Bo0e + 1Ge00 + 40°00 = 64000 Papin» fom 2019, C20 200) + (oon20) + Cleoox te) = 22000 weer of 2018 = (4900 / 6409) x00 = too fe ena oF 209 = 2200 / bacco e = Mae,
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