Homework Answers
The people not in the labor force will be equal to the difference between the total population (16-year-old or older) and labor force. So, in this case, people not in the labor force will be the difference of 207.8 - 139.4 i.e. 68.4. Therefore, right option is D.
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D Question 18 1 pts Population 16 years old or over (millions) Labor force (millions) Employed...
QUESTION 18 The labor force is the number of employed people plus the number of unemployed...
QUESTION 18 The labor force is the number of employed people plus the number of unemployed people. total population divided by the number of employed people. number of employed people in the working-age population. number of employed people minus the number of unemployed people. 2 points QUESTION 19 Category Number of People (Millions) Total Population 300 Working-Age Population 220 Labor Force 145 Employed Workers 140 Calculate the unemployment rate. (Round to two decimal places) Calculate the Labor Force Participation...
Table 1: Employed 14,000 people Unemployed 3,000 people Not in the Labor Force 4,000 people Refer...
Table 1: Employed 14,000 people Unemployed 3,000 people Not in the Labor Force 4,000 people Refer to Table 1. The labor force equals A) 14,000 people. B) 17,000 people. C) 18,000 people. D) 21,000 people. Refer to Table 1. The unemployment rate is A) 14.3% B) 16.7% C) 17.6% D) 25.0%. Refer to 1. The labor-force participation rate is, A) 66.7%. B) 75.0%. C) 77.8%. D) 80.9%.
Assume you have the following information about an economy. Labor Force of an Economy Population over...
Assume you have the following information about an economy. Labor Force of an Economy Population over age 16 Labor force Not in the labor force Employed Unemployed Number of People (millions) 243.8 153.6 90.2 144.2 9.4 Instructions: Round your answers to two decimal places. a. What is the unemployment rate in this economy? % b. What is the labor force participation rate? C. Assume that 0.9 million discouraged workers decide to start looking for work again, thereby increasing the number...
in 2007 the us labor force was equal to thousands QUESTION 1 Refer to the data...
in 2007 the us labor force was equal to thousands
QUESTION 1 Refer to the data in the table to answer all of the questions that follow. All of the numbers are from the Bureau of Labor Statistics. The Civilian Noninstitutional Population' is defined as "persons 16 years of age and older residing in the 50 states and the District of Columbia who do not live in institutions (for example. correctional facilities, long-term care hospitals, and nursing homes) and who...
Question 19 4 pts Exhibit 6-2 Civilian Civilian Employed Noninstitutional Year Labor Force Persons Population (millions)...
Question 19 4 pts Exhibit 6-2 Civilian Civilian Employed Noninstitutional Year Labor Force Persons Population (millions) (millions) (millions) 250 200 175 400 2 300 200 400 3 500 350 720 4 1000 800 Refer to Exhibit 6-2. The unemployment rate in year 3 is O 33 1/3 percent. O 121/2 percent. 50 percent. O 25 percent. O 66 2/3 percent.
Suppose the economy of Portlandia has an adult (over age 16) population of 15300, with a...
Suppose the economy of Portlandia has an adult (over age 16) population of 15300, with a labor force of 13005 people and 650 unemployed people. Calculate the labor force participation rate: Suppose the economy of Boxtown has an adult (over age 16) population of 16500, with a labor force of 13200 and 660 unemployed people. 74 42 How many people are employed? Suppose the economy of Torania has an adult (over age 16) population of 13600, with a labor force...
This Question: 1 pt 17 of 64 (4 complete) Number (millions) Category Discouraged workers Unemployed workers Employe...
This Question: 1 pt 17 of 64 (4 complete) Number (millions) Category Discouraged workers Unemployed workers Employed workers Population (16 years and over) 15 40 100 225 In the above table, the labor force participation rate is OA. 62 percent. B. 44 percent. O C. 69 percent O D. 55 percent
Use the table to answer the following questions: Group # in Millions Relevant population 215 Employed...
Use the table to answer the following questions: Group # in Millions Relevant population 215 Employed 138 Unemployed 9 According to the table, the labor force participation rate is 68.4 percent. 64.2 percent. 31.6 percent. 35.8 percent. 6.1 percent. 2) Since 1948, female labor force participation has ________ and male labor force participation has ________. risen; risen fallen; fallen remained constant; fallen fallen; risen risen; fallen 3) The Great Recession was most similar to which of the following downturns?...
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000 and the unemployment rate is 8%. (show the formulas) (a) Calculate the number of people that are e...
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000 and the unemployment rate is 8%. (show the formulas) (a) Calculate the number of people that are employed (10%) (b) Calculate the number of people that are unemployed (10%) (c) Calculate the labor force participation rate in Country A in 2019 (10%)
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000...
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurall...
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10 Please calculate the labor force participation rate. What is the "headline" (U-3) unemployment rate?
Table 1: Employed 14,000 people Unemployed 3,000 people Not in the Labor Force 4,000 people Refer to Table 1. The labor force equals A) 14,000 people. B) 17,000 people. C) 18,000 people. D) 21,000 people. Refer to Table 1. The unemployment rate is A) 14.3% B) 16.7% C) 17.6% D) 25.0%. Refer to 1. The labor-force participation rate is, A) 66.7%. B) 75.0%. C) 77.8%. D) 80.9%.
Assume you have the following information about an economy. Labor Force of an Economy Population over age 16 Labor force Not in the labor force Employed Unemployed Number of People (millions) 243.8 153.6 90.2 144.2 9.4 Instructions: Round your answers to two decimal places. a. What is the unemployment rate in this economy? % b. What is the labor force participation rate? C. Assume that 0.9 million discouraged workers decide to start looking for work again, thereby increasing the number...
in 2007 the us labor force was equal to thousands
QUESTION 1 Refer to the data in the table to answer all of the questions that follow. All of the numbers are from the Bureau of Labor Statistics. The Civilian Noninstitutional Population' is defined as "persons 16 years of age and older residing in the 50 states and the District of Columbia who do not live in institutions (for example. correctional facilities, long-term care hospitals, and nursing homes) and who...
Question 19 4 pts Exhibit 6-2 Civilian Civilian Employed Noninstitutional Year Labor Force Persons Population (millions) (millions) (millions) 250 200 175 400 2 300 200 400 3 500 350 720 4 1000 800 Refer to Exhibit 6-2. The unemployment rate in year 3 is O 33 1/3 percent. O 121/2 percent. 50 percent. O 25 percent. O 66 2/3 percent.
Suppose the economy of Portlandia has an adult (over age 16) population of 15300, with a labor force of 13005 people and 650 unemployed people. Calculate the labor force participation rate: Suppose the economy of Boxtown has an adult (over age 16) population of 16500, with a labor force of 13200 and 660 unemployed people. 74 42 How many people are employed? Suppose the economy of Torania has an adult (over age 16) population of 13600, with a labor force...
This Question: 1 pt 17 of 64 (4 complete) Number (millions) Category Discouraged workers Unemployed workers Employed workers Population (16 years and over) 15 40 100 225 In the above table, the labor force participation rate is OA. 62 percent. B. 44 percent. O C. 69 percent O D. 55 percent
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000 and the unemployment rate is 8%. (show the formulas) (a) Calculate the number of people that are employed (10%) (b) Calculate the number of people that are unemployed (10%) (c) Calculate the labor force participation rate in Country A in 2019 (10%)
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000...
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