Question: Question 2 (4 marks) Calculate the missing values in the table of data collected in the labor force survey. Show all the workings clearly WORKING

Question 2 (4 marks) Calculate the missing values in the table

Question 2 (4 marks) Calculate the missing values in the table of data collected in the labor force survey. Show all the workings clearly WORKING AGE POPULATION Employment I 1 million Unemployment Unemployment rate 5.5% Labour force Labour force participation rate 62% Values are rounded up to nearest thousands

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.