Assuming that the total population is 100 million, the labour force is 50 million, and 3...
Homework Answers
Answer
Unemployment rate =(unemployed/labor force)*100
=(3/50)*100
=6%
the unemployment rate is 6%
Option b
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Assuming that the total population is 100 million, the labour
force is 50 million, and 3...
Assuming that the total population is 100 million, the labour force is 50 million, and 3...
Assuming that the total population is 100 million, the labour force is 50 million, and 3 million workers in the labour force are unemployed, the unemployment rate: Select one: a. is 3 percent b. is 6 percent c. is 9 percent d. is 12 percent e. cannot be determined from the information given
3. ASSUMING THE TOTAL POPULATION IS 100 MILLION, THE CIVILIAN LABOR FORCE IS 50 MILLION, AND...
3. ASSUMING THE TOTAL POPULATION IS 100 MILLION, THE CIVILIAN LABOR FORCE IS 50 MILLION, AND 47 MILLION WORKERS ARE EMPLOYED, THE UNEMPLOYMENT RATE IS_PERCENT. 4. IF THE UNEMPLOYMENT RATE IS 9 PERCENT AND THE NATURAL RATE OF UNEMPLOYMENT IS 5 PERCENT, THEN THE CYCLICAL UNEMPLOYMENT RATE IS PERCENT
Question 10: (5 points) Using the information below, calculate the following: Total Population Eligible labour force...
Question 10: (5 points) Using the information below, calculate the following: Total Population Eligible labour force Population Labour Force Employed Unemployed Don't include the % sign in your answers 27,040 19,720 13,260 11,200 2,060 Part 1: What is the Participation Rate (in %) Part 2: What is the Unemployment Rate (in %) Assuming Okun's Law shows that for every 1% unemployment rate in excess of NAIRU causes a: Reduction in GDP (relative to potential GDP) of NAIRU is GDP 760...
Fakeland has 2.3 million employed people and 0.2 million unemployed people. The size of the labour...
Fakeland has 2.3 million employed people and 0.2 million unemployed people. The size of the labour force is fixed. The job finding rate is 22% and the separation rate is 3%. (a) What is Fakeland’s current unemployment rate? (b) How many unemployed workers will find a job this period? (c) How many employed workers will lose their job this period? (d) Given your answers above, will the number of unemployed people increase or decrease over time? (e) Compute Fakeland’s steady...
Task 6. Total population of country X is 100 million, including: 24 million children under working...
Task 6. Total population of country X is 100 million, including: 24 million children under working age and disabled people, 30 million people have become discouraged after looking for work without success, and 4.6 million are unemployed. Calculate: a) total labour force; 46 b) unemployment level. 10%
I need answer for this question Task 6 Total population of country X is 100 million,...
I
need answer for this question
Task 6 Total population of country X is 100 million, including: 24 million children under working age and disabled people, 30 million people have become discouraged after looking for work without success, and 4.6 million are unemployed. Calculate: a) total labour force b) unemployment level.
1. If persons not in the labor force total 4 million and persons in the civilian...
1. If persons not in the labor force total 4 million and persons in the civilian labor force total 60 million, then how many persons are unemployed? a.57 million b.64 million c.20 million d.There is not enough information to answer the question. ( for this question I pick b). 2. Exhibit 6-1 Year CPI 1 107.6 2 106.6 3 113.6 4 118.3 Refer to Exhibit 6-1. Prices changed by _________ percent between year 1 and year 2. a.1.0 b.-0.9 c.-2.1...
A country has a total civilian population of 400 million, of which 300 million are over...
A country has a total civilian population of 400 million, of which 300 million are over age 16. Of this population, 225 million are employed, 25 million are unemployed, and the remainder of the population is not in the labor force. Then, the unemployment rate is [Select] 9, the employment- population ratio is [Select ] , and the labor force participation rate (labor force divided by the civilian working-age population) is [Select]
2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate:...
2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate: #Employed, #Labor Force, #Not in Labor Force and Unemployment Rate B) If the economy was in recession and is now starting an expansion would we expect unemployment to increase or decrease? Which types of unemployment should change? C) The next unemployment numbers are reported and unemployment rises, is this consistent with your estímate in B? Explain why the increase in unemployment may be due...
6) Suppose the working-age population is 220 million, the labor force is 150 million, and the...
6) Suppose the working-age population is 220 million, the labor force is 150 million, and the unemployment rate is 10 percent. The number of unemployed people is A) 7 million B) 15 million. C) 22 million D) 37 million. E) 70 million.
3. ASSUMING THE TOTAL POPULATION IS 100 MILLION, THE CIVILIAN LABOR FORCE IS 50 MILLION, AND 47 MILLION WORKERS ARE EMPLOYED, THE UNEMPLOYMENT RATE IS_PERCENT. 4. IF THE UNEMPLOYMENT RATE IS 9 PERCENT AND THE NATURAL RATE OF UNEMPLOYMENT IS 5 PERCENT, THEN THE CYCLICAL UNEMPLOYMENT RATE IS PERCENT
Question 10: (5 points) Using the information below, calculate the following: Total Population Eligible labour force Population Labour Force Employed Unemployed Don't include the % sign in your answers 27,040 19,720 13,260 11,200 2,060 Part 1: What is the Participation Rate (in %) Part 2: What is the Unemployment Rate (in %) Assuming Okun's Law shows that for every 1% unemployment rate in excess of NAIRU causes a: Reduction in GDP (relative to potential GDP) of NAIRU is GDP 760...
Task 6. Total population of country X is 100 million, including: 24 million children under working age and disabled people, 30 million people have become discouraged after looking for work without success, and 4.6 million are unemployed. Calculate: a) total labour force; 46 b) unemployment level. 10%
I
need answer for this question
Task 6 Total population of country X is 100 million, including: 24 million children under working age and disabled people, 30 million people have become discouraged after looking for work without success, and 4.6 million are unemployed. Calculate: a) total labour force b) unemployment level.
A country has a total civilian population of 400 million, of which 300 million are over age 16. Of this population, 225 million are employed, 25 million are unemployed, and the remainder of the population is not in the labor force. Then, the unemployment rate is [Select] 9, the employment- population ratio is [Select ] , and the labor force participation rate (labor force divided by the civilian working-age population) is [Select]
2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate: #Employed, #Labor Force, #Not in Labor Force and Unemployment Rate B) If the economy was in recession and is now starting an expansion would we expect unemployment to increase or decrease? Which types of unemployment should change? C) The next unemployment numbers are reported and unemployment rises, is this consistent with your estímate in B? Explain why the increase in unemployment may be due...
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