What has happened to the labour force participation rates in Canada in the last

Question

What has happened to the labour force participation rates in Canada in the last 35 A) The male participation rate has decreased while the female participation rate has increased. B) The male participation rate has increased while the female participation rate has decreased. Both male and female participation rates have increased. Both male and female participation rates have decreased. C) Save Question 19 (1 point) Assume an economy is producing only one product and that year 1 is the base year. Output and price data for a five-year period are as follows: Price S8 16 20 25 30 15 12 Refer to the information above to answer this question. What is the price index for year 3? A) 125. B) 195. C) 51.2 D) It cannot be determined from the information given.

Explanation / Answer

In the labour participation rate, the female participation has increased and the male participation has decreased. Therefore (A) is the answer

Price index = 25*10/16*8

= 1.95

Therefore (B) 1.95 is the answer.

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