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ECS2604 ASSESSMENT 2 SEMESTER TWO 2023 (ONLY ONE ATTEMPT)
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ECS2604 ASSESSMENT 2 SEMESTER TWO 2023 (ONLY ONE ATTEMPT)
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BMZ ACADEMYBMZ ACADEMY
@061 262 1185/068 053 8213/0717 513 144
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
, BMZ ACADEMY
Question text
The country Tanzania has a population of 523.2 million and the working age population
was 352 million. There are 145 million people in the labour force and 120 million of them
are employed. 20 million of the unemployed are seasonal promoters but are actively
looking for jobs. What is the unemployment rate according to the expanded definition?
a. 4,78%
b. 7,10%
c. 82,76%
d. 17,24%
Question text
Which of the following group of people is NOT defined as part of the labour force?
Full-time students
Unemployed.
Self-employed
Formal-sector employees.
Informal-sector employees.
Question text
Using the information below based on a hypothetical firm, it can be concluded that its
labour productivity is equal to …… while capital productivity is equal to …
Quantity of capital 250
Quantity of labour 400
Quantity of output 5000
a. 1.25; 2
b. 7.69; 7.69
c. 20; 12.5
d. 12.5; 20
Question text
Assume La-Glam makes 6500 garments each week and the total number of employees
amount to 1500. Due to the outbreak of COVID-19, there is a fall in demand for garments
as "'none-essential" businesses are closed during the lockdown season. Mashudu sees
it fit to cut down their working hours to 70%. What is labour productivity?
a. 3.03
b. 0.33
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
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