Homework Answers
Unemployment rate = unemployed/labor force * 100 = 9/44*100 = 0.2045 * 100 = 20.45%
Answer 2: Decrease as the baby boomers will opt for more lesisure.
Explanation: People born in 2025-2030 will be aged enough to retire or choose to work less in 2090-2100.
Add Answer to:
The overall population for Region A is 90 million people. The labor force contains 44 million...
Suppose that a baby boom occurs between the years 2025-2030, similar to the baby boom following...
Suppose that a baby boom occurs between the years 2025-2030, similar to the baby boom following World War II. What do you expect to happen to the labor force participation rate in the year 2090-2100, holding all else constant? The labor force participation rate will A. increase as the baby boomers will continue to work while in the influx of young workers will drive up the participation rate. B. decrease since the baby boomers will opt for more leisure. C....
The overall population for Region A is 105 million people. The labor force contains 77 million...
The overall population for Region A is 105 million people. The labor force contains 77 million people. 26 million people are employed, while 51 million are unemployed. What is the unemployment rate? Round your answer to the nearest whole number.
In Nepal, the adult population is 7.0 million people. There are 2.6 million employed people and...
In Nepal, the adult population is 7.0 million people. There are 2.6 million employed people and 0.5 million unemployed people. How large is the labor force? How many people are not employed? What is the labor force participation rate? What is the unemployment rate?
Suppose an economy is given by: Population =219 million Working-age population =113 million Labor force =86...
Suppose an economy is given by: Population =219 million Working-age population =113 million Labor force =86 million The number of people employed =80 million The number of people unemployed =6 million The labor force participation rate for this economy is ______ %. (Enter your response rounded to one decimal place
1) The table below lists the number of people by labor force classification for the country...
1) The table below lists the number of people by labor force classification for the country of Grenyarnia. Employed 78 million Unemployed 12 million Not in the Labor Force 30 million a.) Calculate the number in the labor force, and the unemployment rate. b.) Calculate the number in the adult population, and the labor force participation rate. c.) Suppose 8 million people who were previously employed become discouraged workers. Recalculate the unemployment rate and the labor force participation rate. d.)...
The adult population in Serbia is 7.06 million people. About 454,029 people are unemployed and the...
The adult population in Serbia is 7.06 million people. About 454,029 people are unemployed and the labor force participation rate is 54.5%. 1.How many people are in the labor force? 2.What is the unemployment rate? How many people are employed
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor...
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people. How many million people are unemployed?
Suppose the economy has a population of 40 million people and a labor force participation rate...
Suppose the economy has a population of 40 million people and a labor force participation rate of 50%. Furthermore, suppose the natural rate of unemployment in the economy is 7%. If the current number of unemployed people is 3 million people, what is the rate of cyclical unemployment rate? Answer: % Your Answer:
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...
If a country has 28.67 million people employed, a labor force of 30.66 million, and an...
If a country has 28.67 million people employed, a labor force of 30.66 million, and an adult population of 48.28 million, calculate the Labor Force Participation Rate and the Unemployment Rate. Round your answers to two decimal places. 4. LFPR u-rate
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people. How many million people are unemployed?
Suppose the economy has a population of 40 million people and a labor force participation rate of 50%. Furthermore, suppose the natural rate of unemployment in the economy is 7%. If the current number of unemployed people is 3 million people, what is the rate of cyclical unemployment rate? Answer: % Your Answer:
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...
If a country has 28.67 million people employed, a labor force of 30.66 million, and an adult population of 48.28 million, calculate the Labor Force Participation Rate and the Unemployment Rate. Round your answers to two decimal places. 4. LFPR u-rate
Most questions answered within 3 hours.
-
A business executive has the option to invest money in two
plans: Plan A guarantees that...
asked 39 minutes ago -
Hello, can someone please help me answer this question?
How much heat is absorbed by a...
asked 38 minutes ago -
. A marketing researcher conducted a survey of 25 shoppers
randomly selected at the local mall...
asked 54 minutes ago -
Create an comprehensive response to the
following:
Antimicrobial agents work on a multitude of microbes (bacteria,...
asked 56 minutes ago -
6.13 LAB: Step counter. Section 6.3.
A pedometer treats walking 2,000 steps as walking 1 mile....
asked 51 minutes ago -
(14.2) A block of mass m = 10 kg riding on a frictionless
horizontal plane is...
asked 54 minutes ago -
Use any search engine to search for articles about Starbucks
partnership with Tata Companies in India...
asked 53 minutes ago -
Let’s say that for some reason Bank Excess Reserves suddenly
increase sharply. What effect would this...
asked 1 hour ago -
Given:
Curent Assets: $600,000
Total Assets: $2,600,000
Current Liabilities: $500,000
Total Liabilities: $1,700,000
What is the...
asked 1 hour ago -
1. What is a “Bankster”? What is insider trading? Why is it
illegal?
2. What is...
asked 1 hour ago -
A transverse wave on a cord is given by
D(x,t)=0.18sin(2.7x−61.0t), where Dand x are in m...
asked 1 hour ago -
ASSIGNMENT
ANSWER ANY TWO OF THE FOLLOWING IN 2-3 PARAGRAPHS OF EACH
QUESTION.
1: Where is...
asked 1 hour ago