c The weights are changed annually and therefore no comparisons are possible 1

C the weights are changed annually and therefore no

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c. The weights are changed annually and therefore no comparisons are possible. [1] Only a is correct. [2] Only b is correct. [3] Only c is correct. [4] Only b and c are correct. [5] Only c and d are correct. 15. Which of the following statements is correct? [1] The base year is 2013. [2] The base year is 2008. [3] The base year cannot be determined from the data in the table. [4] The average CPI for 2012 is 11.9 less than that for 2014.[5] CPI always rises over time. Use table S-141 to answer Questions 16 and 17. 16. Calculate the inflation rate for the period of 2011 to 2012 using the 12-month moving average and indicate the correct answer. [1] 4,9% [2] 5,6% [3] 5,7% [4] 6,3% [5] 5,5%
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44 17. Calculate the inflation rate for May 2013 (month on same month of previous year calculation) and indicate the correct answer. [1] 5,78% [2] 0,639% [3] 6,39% [4] 0,56% [5] 5,56% Use table S-144 to answer Question 18. 18. Calculate the percentage change in producer prices between 2013 and 2014 and indicate the correct answer. [1] 0,69% [2] 5,48% [3] 7,45% [4] 0,74% [5] 6,94% Use table S-143 to answer Question 19. 19. Which weight allocation is NOT applicable to the specific economic activity? [1] Communication 2,50 [2] Health 0,74 [3] Recreation and culture 1,93 [4] Transport 4,12 [5] Housing and utilities 19,31 Use tables S-142 and S-143 to answer Questions 20 and 21. 20. What economic activity has the lowest impact on total CPI? [1] Miscellaneous services [2] Food and non-alcoholic beverages [3] Clothing and footwear [4] Communication [5] Restaurants and hotels
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ECS2603/101 45 21. Which of the following statements is/are correct? [1] Only a is correct. [2] Only b is correct. [3] Only a, b and d are correct. [4] Only b and c are correct. [5] Only c and d are correct. Use the following information to answer Questions 22, 23 and 24: Working age population 80 million Number of people employed 60 million Number of people unemployed 5 million Not economically active 15 million 22. What is the size of the labour force? [1] 60 million [2] 15 million [3] 18 million [4] 65 million [5] 80 million 23. What is the unemployment rate? [1] 7,7% [2] 13% [3] 8,3% [4] 6,25% [5] 33,3%
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24. What is the labour-force participation rate? [1] 16,7% [2] 33,3% [3] 75% [4] 50% [5] It cannot be calculated from the data provided. Use table S-109 to answer Questions 25 and 26. 25. Calculate the gross domestic expenditure deflator for 2012 and indicate the correct answer. [1] 0,76 [2] 0,89 [3] 1,12 [4] 1,24 [5] 1,30 26. Calculate the percentage change in the GDE deflator for 2012 and 2013 and indicate the correct [1] 7,27% [2] 0,887% [3] 7,83% [4] 0,783% [5] 0,727% 27. Which of the following statements is/are correct?
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