Question: Please answer questions separately and use graphs if necessary to do so.Please give more details to each question for my understanding. Thank you ? Question

 Please answer questions separately and use graphs if necessary to do

Please answer questions separately and use graphs if necessary to do so.Please give more details to each question for my understanding. Thank you ?

so.Please give more details to each question for my understanding. Thank you

Question 1 (2 marks) Briefly explain whether you agree with the following statement: 'In years when people buy many shares of stock, investment will be high and, therefore, so will GDP.' Question 2 (4 marks) An artist buys scrap metal from the local steel mill as raw material for her metal sculptures. Last year she bought $5000 worth of scrap metal. During the year she produced 10 metal sculptures that she sold for $800 each to the local art gallery. The gallery sold all of them to local art collectors at an average price of $1000 each. For the 10 metal sculptures, what was the total value added of the artist and what was the total value added of the gallery? Question 3 (4 marks) For each of the following, indicate if the person would be classified as employed, unemployed, or not in the labour force: i. Henry, a 65-year-old retiree, is now working as a volunteer for 10 hours a week; ii. Joshua, a university graduate who has not been able to find a position using his qualifications, is working as a wait person for 20 hours a week; iii. Rita, a retired teacher, becomes bored and begins to look for a job. iv. Natalie, a childcare provider, quits her job to go back to university

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