MacroEconomics Problem set 2

   Problem set 2 (chapters 7 & 8)  1) A dominion after a while a civilian population of 120,000 (all balance age 16) has 100,000 populated and 12,000 unpopulated people. Of the empty, 7,000 are frictionally unpopulated and another 2,000 are structurally empty. On the cause of this grounds, reply the subjoined questions: (appearance your performance for trustworthiness)  a. what is the bulk of the strive potentiality?  b. What is the unemployment scold?  c. What is the probable scold of unemployment for this dominion?  d. Is this administration in recession or paraphrase? Explain. 2) Visit www.bls.gov and quest through the tables on unemployment to reply the subjoined questions a. What is the general exoteric unemployment scold for the United States?  b. What is the general exoteric unemployment scold for teenagers?  c. What is the general unemployment scold for adult women?  3) Consider a dominion after a while 200 darling residents, a strive potentiality of 170 darling, and 10 darling empty. Reply the subjoined questions: (appearance your performance for trustworthiness)  a. What is the strive potentiality partnership scold?  b. What is the unemployment scold?  c. If 3 darling of the unpopulated befit dishearten and plug looking for performance, what is the new unemployment scold?  4) In 1991, the Barenaked Ladies released their hit strain “if I had a Darling Dollars.” How plenteous specie would the collocation scarcity in 2017 to own the identical aggregate of actual purchasing potentiality that they did in 1991? Note that the consumer charge apostacy in 1991 was 136.2 and in 2017 it was 244.  Show your performance for trustworthiness.  5) While rooting through the attic you discbalance a box of old tax forms. You discover that your grandmother made $75 performanceing part-time during December 1964 when the CPI was 31.3. How plenteous would you scarcity to own earned in in July of 2018 to own at last as plenteous actual pay as your grandmother did in 1964? The CPI for July 2018 was 252.006. Appearance your performance for trustworthiness.