Use the following information to answer the question:
Gross Domestic Production
Population
2019
2020
2019
2020
448 billion
432 billion
201 Million
206 million
Gross Domestic Product (GDP) per capita is one of the economic
indicators used to measure the performance of an economy and is
commonly used as a broad measure of average living standards or
economic wellbeing. GDP per capita equals gross domestic product
divided by population. What is the growth rate in GDP per capita
from 2019 to 2020? Round to two decimals.
Suppose 25 000 000 people are in the labour force, 8 000 000
people are employed in the public sector and 5 000 000 people are
employed in the private sector. What is the unemployment
rate?
Suppose 50 000 000 people are in the labour force, 20 000 000
people are employed in the public sector and 5 000 000 people are
employed in the private sector. How many people are
unemployed?
Use the following information to answer the question:
Amount of Economic Activity (Nominal): Gross Domestic
Production
GDP per capita
2019
2020
2019
2020
18,4 billion
15,8 billion
2,3 Million
2,35 million
What is the growth rate in GDP from 2019 to 2020? Round to two
decimals.
Suppose Botswana’s population comprise 8 000 000 people who are
unemployed, 3 000 000 students, 0,7 000 000 home-maker, 2 000 000
not economically active, 13 000 000 employed, and 35 000 000 people
who are not in the age category 15 to 65 years. What does
Botswana’s labour force population equal?
Use the following information to answer the question: Gross Domestic Production Population 2019 2020 2019 2020 448 billi
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