Macroeconomics
RawanAlhammadi 
macroHW.docxProblem 1:
a) Explain the difference between calculation of inflation through CPI and through deflator
Problem 2:
|
|
2018 |
2019 |
|
Consumption |
1200 |
1240 |
|
Personal transfer |
80 |
100 |
|
Investment |
250 |
300 |
|
Investment in real estate |
60 |
70 |
|
Government purchases |
200 |
210 |
|
Export |
180
|
190
|
|
Import |
160
|
180
|
|
GDP |
|
|
1. Calculate GDP for 2018 and 2019.
2. Calculate the GDP growth rate.
Problem 3:
|
Working age population |
|
|
Employment |
140302 |
|
Unemployment |
|
|
Unemployment rate |
9% |
|
Labor force |
|
|
Labor force participation rate |
64% |
|
Employment population ratio |
|
3. Fill in the blanks
