Question

1. Choose one of the following countries: China, Russia, Germany, or Mexico. Create a table with the following economic data for that country and the US. Find economic data for your selected country at the following web site:  https://www.cia.gov/library/publications/the-world-factbook/ (Links to an external site.)Links to an external site. All the data you need is in the Economy and People sections that you can expand for each country.

Real GDP - this will be called GDP (Purchasing power parity) on the website

Real GDP per person - this will be called GDP per capita (Purchasing power parity) on the website

Unemployment rate

Labor force participation rate – you may have to do a little work to calculate/approximate this one

Inflation rate

Economic growth rate

Answer 1

Labour force participation rate is the number working population in the age category of 16 years to 64 years currently employed.

We get the following data from mentioned source:

Russia
GDP (2017)	$4 trillion
GDP per capita (2017)	$27,900
Unemployment rate (2017)	5.50%
Labor force participation rate (2017)	78.45%	= Labor force / Population (16-64 yrs)
		=76.53 million / 97.55 million
Inflation rate (2017)	4.20%
Economic growth rate (2017)	1.80%