Table 24-1The following table contains data for Chereaux for…

Table 24-1The following table contains data for Chereaux for the year 2019.CategoryIn Billions of DollarsGDP$200Income earned by citizens abroad$9Income foreigners earn here$5Losses from depreciation$6Indirect business taxes$10Statistical discrepancy$0Retained earnings$8Corporate income taxes$12Social insurance contributions$30Interest paid to households by government$8Transfer payments to households from government$55Personal taxes$60Nontax payments to government$11​​​Refer to Table 24-1. Personal income for Chereaux in 2019 is

Table 29-2Suppose people in the adult population in a small…

Table 29-2Suppose people in the adult population in a small country are classified based on their age.​Labor Force StatusAgeLess than 55         55 and OlderNumber employed400,000100,000Number unemployed25,0007,000Number in population600,000200,000​​Refer to Table 29-2. Suppose that the natural rate of unemployment is 5% for those under 55 and 3% for those 55 and older. The cyclical unemployment rate for those under 55 is