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Macro: Study Area 2 Calculation Practice

Total questions: 30

Worksheet time: 30mins

Name
Class
Date
1.
A population has 80 employed and 20 unemployed. What is the unemployment rate?
a)
20.0%
b)
22.0%
c)
18.0%
d)
25.0%
2.
In a country: 50 employed, 10 unemployed, 20 not in labour force (15+), 20 under 15. What is the labour force participation rate?
a)
75.0%
b)
78.0%
c)
72.0%
d)
80.0%
3.
A population has 450 employed and 50 unemployed. There are also 200 children under 15. What is the unemployment rate?
a)
10.0%
b)
12.0%
c)
8.0%
d)
15.0%
4.
In a country: 900 employed, 100 unemployed, 300 not in labour force (15+), 200 under 15. What is the labour force participation rate?
a)
76.9%
b)
79.9%
c)
73.9%
d)
81.9%
5.
A population has 4350 employed and 275 unemployed. There are 1200 retirees. What is the unemployment rate?
a)
5.9%
b)
7.9%
c)
3.9%
d)
10.9%
6.
In a country: 9200 employed, 800 unemployed, 4000 not in labour force (15+), 1500 under 15. What is the labour force participation rate?
a)
71.4%
b)
74.4%
c)
68.4%
d)
76.4%
7.
A population has 12500 employed and 1500 unemployed. Ignore 3000 children. What is the unemployment rate?
a)
10.7%
b)
12.7%
c)
8.7%
d)
15.7%
8.
In a country: 18750 employed, 1250 unemployed, 6000 not in labour force (15+), 4000 under 15. What is the labour force participation rate?
a)
76.9%
b)
79.9%
c)
73.9%
d)
81.9%
9.
A population has 52000 employed and 4800 unemployed. There are 12,000 not in labour force. What is the unemployment rate?
a)
8.5%
b)
10.5%
c)
6.5%
d)
13.5%
10.
In a country: 70000 employed, 7000 unemployed, 15000 not in labour force (15+), 10000 under 15. What is the labour force participation rate?
a)
83.7%
b)
86.7%
c)
80.7%
d)
88.7%
11.
A population has 152000 employed and 8000 unemployed. There are 50,000 under 15s. What is the unemployment rate?
a)
5.0%
b)
7.0%
c)
3.0%
d)
10.0%
12.
In a country: 210000 employed, 14000 unemployed, 40000 not in labour force (15+), 30000 under 15. What is the labour force participation rate?
a)
84.8%
b)
87.8%
c)
81.8%
d)
89.8%
13.
A basket cost $100 in the base year and $110 in the current year. What is the CPI?
a)
110.0
b)
115.0
c)
105.0
d)
120.0
14.
If CPI rose from 110 to 121, what is the inflation rate?
a)
10.0%
b)
12.0%
c)
8.0%
d)
15.0%
15.
A basket cost $500 in the base year and $650 in the current year. What is the CPI?
a)
130.0
b)
135.0
c)
125.0
d)
140.0
16.
If CPI rose from 120 to 138, what is the inflation rate?
a)
15.0%
b)
17.0%
c)
13.0%
d)
20.0%
17.
A basket cost $1500 in the base year and $1800 in the current year. What is the CPI?
a)
120.0
b)
125.0
c)
115.0
d)
130.0
18.
If CPI rose from 180 to 198, what is the inflation rate?
a)
10.0%
b)
12.0%
c)
8.0%
d)
15.0%
19.
A basket cost $1000 in the base year and $1350 in the current year. What is the CPI?
a)
135.0
b)
140.0
c)
130.0
d)
145.0
20.
If CPI rose from 200 to 230, what is the inflation rate?
a)
15.0%
b)
17.0%
c)
13.0%
d)
20.0%
21.
A basket cost $400 in the base year and $490 in the current year. What is the CPI?
a)
122.5
b)
127.5
c)
117.5
d)
132.5
22.
If CPI rose from 250 to 280, what is the inflation rate?
a)
12.0%
b)
14.0%
c)
10.0%
d)
17.0%
23.
A basket cost $800 in the base year and $960 in the current year. What is the CPI?
a)
120.0
b)
125.0
c)
115.0
d)
130.0
24.
If CPI rose from 300 to 345, what is the inflation rate?
a)
15.0%
b)
17.0%
c)
13.0%
d)
20.0%
25.
GDP increased from $1000b to $1200b. What is the percentage change?
a)
20.0%
b)
22.0%
c)
18.0%
d)
25.0%
26.
GDP increased from $2000b to $2400b. What is the percentage change?
a)
20.0%
b)
22.0%
c)
18.0%
d)
25.0%
27.
GDP increased from $3750b to $4125b. What is the percentage change?
a)
10.0%
b)
12.0%
c)
8.0%
d)
15.0%
28.
GDP increased from $5000b to $5750b. What is the percentage change?
a)
15.0%
b)
17.0%
c)
13.0%
d)
20.0%
29.
GDP increased from $8200b to $9020b. What is the percentage change?
a)
10.0%
b)
12.0%
c)
8.0%
d)
15.0%
30.
GDP increased from $12000b to $13800b. What is the percentage change?
a)
15.0%
b)
17.0%
c)
13.0%
d)
20.0%