4.15. Suppose that the CPI for July 2013 is 101.9 (with 2012 - 100) and the Crli

Question

4.15. Suppose that the CPI for July 2013 is 101.9 (with 2012 - 100) and the Crli fer ta 108.8. The inflation rate between July 2013 and July 2014 is. t2] 131 141 8.8% 6.8% none of the above Use the information below for country Zip and answer question 4.16. All 'he Squnes sie n nien Total population in 20168 Total labour force in 2015 Economically active population in 2016 Number of people unemplayed in 2016 1800 550 675 225 4.19 4.16. The unemployment rate in 2016 is equal to... [1] [2] [3] [4] 41% 38% $3.3% 81% 4.7w would resuilt due to the closure of the gold mines in South At I1l Seasonal unemployment 121 Structural unempioyment 13] Cydical unemployment 141 Frictional unemplayment

Explanation / Answer

15) Inflation rate=108.8-101.9/101.9*100=6.77%. Thus ans is C

16)unemployment rate=Unemployed/labor force=225/675*100=33.33

17)ans is B structural unemployment is because of reindustrialisation or because of redistribution of industries.

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