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Question 110 marks} ACh °
ae 8rowth rate for the UAB econom: Y
0 2.3%. Y,
ys in yearZOT7) was estimated to be around|2.3%| calculate
nomy will have doubled, assuming a constant annual growth rate
¢ year in which the UAE eco)
OUF ansWer can be Tounded up or down to a Specific year,
tts
——=30-4 Wie doubled iM
*3 (auF]
Sueetona p marks in total]
bh¢
in New Zealand, in the fourth quarter of 2014, w: '2,394,000; While employment
‘Was2,254.000'and working-age populati
lon Was 2,984,600. Calculate the:
i force participation rate (3 marks}
L2™>, 006 Koo = Bo US v
IAE\\ 6 20
b. Employment-to-population ratio [3 marks}
LLB YUsen ries = 45.54 er ay
LAB bag
¢. Unemployment rate [3 marks}
eso 1HUS¢] 1, = HEU |/
Craxy x\
Question 3 [16 marks ==
Te atantads fag a 8 country are offen measured by Real GDP per capita. Give two reasons
ty Real GDP per capita does not provide a particular good measure of the quality of life in any
why
There it need vide more than two reasons. For each of the two reasons you present in
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