Virtual Study Solutions: ECO403 Assignment Solution

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<span style="font-family: "verdana" , sans-serif;">Dear Students, Here you can read or Download </span><b style="font-family: Verdana, sans-serif;">ECO403</b><span style="font-family: "verdana" , sans-serif;"> - </span><u style="font-family: Verdana, sans-serif;">Macroeconomics</u> <b style="font-family: Verdana, sans-serif;">Assignment No 1 Solution idea</b><span style="font-family: "verdana" , sans-serif;"> and Discussion of Semester </span><b style="font-family: Verdana, sans-serif;">Spring 2018</b><span style="font-family: "verdana" , sans-serif;">. Assignment Due Date is 15 MAY, 2018. Total Marks are 10. We are here to facilitate your learning and we do not appreciate the idea of copying or replicating solutions. </span><b style="font-family: Verdana, sans-serif;">ECO403 Assignment Solution File</b><span style="font-family: "verdana" , sans-serif;"> will be added Soon. Previously we shared <a href="https://virtualstudysolutions.blogspot.com/2017/03/eco403-solved-quiz-and-short-notes-mid-term.html">ECO403 Solved Quiz and Short Notes for Mid Term</a>.</span><br />
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjevOtbw6-a4W9NaUjEyuJjM2mBbGgPvf4kP7mx-ut8Lm6xTnOlkZi13zE32paJRxrMOCtaSoKOk4NtDCHWHQKcAAOiDXLggPBM4dqUfR1b4rOeIxU51pqXEoTlHmhe0WzOSuqkknB-sSo/s1600/ECO403+Assignment+No+1+Solution+and+Discussion+Spring+2018.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="ECO403 Assignment No 1 Solution and Discussion Spring 2018" border="0" data-original-height="669" data-original-width="944" height="226" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjevOtbw6-a4W9NaUjEyuJjM2mBbGgPvf4kP7mx-ut8Lm6xTnOlkZi13zE32paJRxrMOCtaSoKOk4NtDCHWHQKcAAOiDXLggPBM4dqUfR1b4rOeIxU51pqXEoTlHmhe0WzOSuqkknB-sSo/s320/ECO403+Assignment+No+1+Solution+and+Discussion+Spring+2018.png" title="ECO403 Assignment No 1 Solution and Discussion Spring 2018" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: "verdana" , sans-serif;">ECO403 Assignment No 1 Solution and Discussion Spring 2018</span></td></tr>
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<h4>
<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Deadline: </span></h4>
<ul style="font-family: Verdana, sans-serif; text-align: left;">
<li>Make sure to upload the solution file before the due date (15 MAY, 2018) on VULMS. </li>
<li>Any submission made via email after the due date will not be accepted. </li>
</ul>
<h4 style="text-align: left;">
<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Formatting Guidelines: </span></h4>
<ul style="text-align: left;">
<li><span style="font-family: "verdana" , sans-serif;">Use the font style “Times New Roman” or “Arial” and font size “12”. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">It is advised to compose your document in MS-Word format. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">You may also compose your assignment in Open Office format. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">Use black and blue font colors only. </span></li>
</ul>
<h4 style="text-align: left;">
<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Rules of Marking: </span></h4>
<span style="font-family: "verdana" , sans-serif;">Please note that your assignment will not be marked, if: </span><br />
<ul>
<li><span style="font-family: "verdana" , sans-serif;">It is submitted after the due date. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">The file you uploaded does not open or is corrupt. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc. </span></li>
<li><span style="font-family: "verdana" , sans-serif;">It is cheated or copied from other students, internet, books, journals etc.</span></li>
</ul>
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<h3 style="text-align: left;">
<span style="font-family: "verdana" , sans-serif;">ECO403 Assignment Question:</span></h3>
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<span style="font-family: "verdana" , sans-serif;"><b><span style="font-size: large;">The Case:</span></b><br />Angola is located in southern Africa. It is the 7th  largest country in Africa. The total population in Angola was estimated at 27.5 million people in 2016. Major  exports  are  crude  oil,  petroleum  products,  wood,  fish  products, coffee and cotton while major imports are food, textile products and consumer  products.  Suppose  economy  of  Angola  produced  only  fish, petrol and milk for the year 2016 and 2017. Facts and figures and macroeconomic indicators of the economy of Angola for the year 2016 and 2017 are given in Table-01 and Table-02.</span><br />
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<span style="font-family: "verdana" , sans-serif;"><b>Table - 01:</b></span><br />
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<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; mso-padding-alt: 0in 0in 0in 0in; mso-yfti-tbllook: 480; width: 100%px;">
 <tbody>
<tr style="height: 16.6pt; mso-height-rule: exactly; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td rowspan="2" style="border-right: none; border: solid black 1.0pt; height: 16.6pt; mso-border-bottom-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal">
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</td>
  <td colspan="2" style="border: solid black 1.0pt; height: 16.6pt; mso-border-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 37.38%;" valign="top" width="37%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 56.15pt; margin-right: 56.25pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2016</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td colspan="2" style="border-left: none; border: solid black 1.0pt; height: 16.6pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 37.44%;" valign="top" width="37%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 56.3pt; margin-right: 56.35pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2017</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 16.55pt; mso-height-rule: exactly; mso-yfti-irow: 1;">
  <td style="border-top: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Price<span style="letter-spacing: -.3pt;"> </span>(Rs)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Quantity</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.2pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Price<span style="letter-spacing: -.3pt;"> </span>(Rs)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 16.0pt; margin-left: 5.25pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">Quantity</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 2;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Fish (Kg)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">10</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">1000</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">11</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">1500</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.3pt; mso-height-rule: exactly; mso-yfti-irow: 3;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Petrol<span style="letter-spacing: .05pt;"> </span>(Liter)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">20</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">2000</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">20</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">2500</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 4; mso-yfti-lastrow: yes;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 25.18%;" valign="top" width="25%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Milk<span style="letter-spacing: .05pt;"> </span>(Liter)</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 20.32%;" valign="top" width="20%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">5</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 17.04%;" valign="top" width="17%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">10000</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 19.28%;" valign="top" width="19%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">6</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 18.16%;" valign="top" width="18%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">11000</span></b></div>
</td></tr>
</tbody></table>
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<span style="font-family: "verdana" , sans-serif;"><br /></span><b style="font-family: verdana, sans-serif;">Table - 02:</b></div>
<div>
<b style="font-family: verdana, sans-serif;"><br /></b></div>
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<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; mso-padding-alt: 0in 0in 0in 0in; mso-yfti-tbllook: 480; width: 100%px;">
 <tbody>
<tr style="height: 16.55pt; mso-height-rule: exactly; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td style="border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal">
<br /></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 30.2pt; margin-right: 30.3pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2016</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; height: 16.55pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div align="center" class="MsoNormal" style="line-height: 16.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 35.1pt; margin-right: 35.3pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;">2017</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 14.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 1;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Real<span style="letter-spacing: .05pt;"> </span>interest<span style="letter-spacing: .05pt;"> </span>rate</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div align="center" class="MsoNormal" style="line-height: 13.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 37.3pt; margin-right: 37.2pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt; letter-spacing: 0.1pt;">3</span></b><b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">%</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div align="center" class="MsoNormal" style="line-height: 13.0pt; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: 37.25pt; margin-right: 37.15pt; margin-top: 0in; mso-line-height-rule: exactly; text-align: center;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">3.<span style="letter-spacing: .1pt;">5</span>%</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.3pt; mso-height-rule: exactly; mso-yfti-irow: 2;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Emplo<span style="letter-spacing: -.05pt;">y</span>ed</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 20.1pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">11<span style="letter-spacing: .05pt;"> </span>million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.3pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 25.15pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">17<span style="letter-spacing: .05pt;"> </span>million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 14.35pt; mso-height-rule: exactly; mso-yfti-irow: 3; mso-yfti-lastrow: yes;">
  <td style="border-top: none; border: solid black 1.0pt; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 5.05pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">Unempl<span style="letter-spacing: .05pt;">o</span>yed</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 29.32%;" valign="top" width="29%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 23.45pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">5 million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 14.35pt; mso-border-alt: solid black .75pt; mso-border-left-alt: solid black .75pt; mso-border-top-alt: solid black .75pt; mso-height-rule: exactly; padding: 0in 0in 0in 0in; width: 32.32%;" valign="top" width="32%"><div class="MsoNormal" style="line-height: 13.0pt; margin-left: 28.35pt; mso-line-height-rule: exactly;">
<b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;">2 million</span></b><span style="font-family: "arial" , "sans-serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
</tbody></table>
</div>
<div>
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<div>
<span style="font-family: "verdana" , sans-serif;"><b><span style="font-size: large;">Requirements: </span></b><br /><br />Keeping in view the above facts and figures, in the economy of Angola, Calculate; </span><br />
<ol style="text-align: left;"><span style="font-family: "verdana" , sans-serif;">
<li>Nominal GDP for the year 2017 </li>
<li>Real GDP for the year 2017 using 2016 as a base year </li>
<li>GDP deflator for the year 2017 </li>
<li>Labor force for the year 2017 </li>
<li>Unemployment rate for the year 2017 </li>
</span></ol>
<span style="font-family: "verdana" , sans-serif;">
Please Note: Write down formula and all relevant steps involved in calculation.  (Marks =2+2+2+2+2)</span></div>
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