Homework Answers
1. Japan
Labour force = Employed + Unemployed people = 98 + 8.6 = 106.6
Unemployment rate = Unemployed people / Labour force * 100
= 8.6 / 106.6 * 100 = 8.067 %
Labour force participation rate = Labour force / Total population * 100
= 106.6 / 150 * 100
= 71.06 %
2. France
Employed individual = Labour force - Unemployed
= 75 - 14.95 = 60.05
Unemployment rate = Unemployed / Labour force * 100
= 14.95 / 75 * 100 = 19.93 %
Total adult population = Labour force * 100 / Labour force participaiton rate
= 75 * 100 / 69.5 = 107.91
3. Germany
Unemployed = 6.4 % of labour force
= 6.4 / 100 * 56 = 3.58
Employed = Labour force - unemployed
= 56 - 3.58 = 52.42
Labour force participation rate = Labour force / population * 100
= 56 / 68 * 100 = 82.35 %
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The table below uses adjusted data for the year 2000 provided by Statistics Canada. All values...
2. The table below uses adjusted data for the year 2000 provided by Statistics Canada. All...
2. The table below uses adjusted data for the year 2000 provided by Statistics Canada. All values are in millions. Fill in the blank entries in the table. Adult Population 108.12 Labour Force Labour-Force Unemployment Participation Rate Rate Country Japan France Germany Employed Unemployed 63.79 3.20 2.45 56.4 percent 69.17 25.98 39.75 8.08 percent
Question 4 (20 Marks) The table below uses data for the year 2000 provide by Statistics...
Question 4 (20 Marks) The table below uses data for the year 2000 provide by Statistics Canada and adjusted to be comparable to U.S. data. All values are in millions. Fill in the blank entries in the table. Show your work Country Adult Population Labor Force Employed Unemployed Unemployment Rate Labor-Force Participation Rate Japan 108.12 63.79 3.20 France 25.98 2.45 56.4 % Germany 69.17 39.75 8.08 % What are some of the types of unemployment discussed in your learning materials. What...
QUESTION 39 Use the following table to answer question The table below uses data for the...
QUESTION 39 Use the following table to answer question The table below uses data for the year 2020 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. LFP Inflation #of Unemployment Rate Country Adult Labor #of Population Force Employed 109,474 ? 62,510 Unemployed Rate (U-3) Rate (%) ? Japan (%) 3,500 ? France 0.3 ? 26,870 ? 2,577 ? 57.41 1.4 Germany 70,159 39,591 ? ? 9.69 ? 2.5...
Wer questions The table below uses data for a specific year. All values in the table....
Wer questions The table below uses data for a specific year. All values in the table. 2 points All values are in thousands. Fill in the blank entries Country Adult Population Labor Employed Force Unemployed Unemployment Rate Participation 1109,474 Rate Vapan France Germany 62,510 3.500 70,159 66,010 26,870 39,591 2.577 $7.41 19.69 Q3. 4points Define and give an example of a catch up effect. 1 point - Set two government policies that contribute to improve the productivity and explain each...
then Use the data below to calculate the Unemployment Rate per country State the Unemployed without...
then Use the data below to calculate the Unemployment Rate per country State the Unemployed without a decimal point. State the Unemployment rate to two decimal points and do not include a % sign. Country Adult Population Labor Force Employed Unemployed Unemployment Rate Japan 109.474 66,010 62,510 France 46,804 26,870 24,293 Germany 70,159 39,592 35,755 England 68.570 59,050 54,435
The table below provides some labor statistics for years 1995, 2000 a table, please respond the...
The table below provides some labor statistics for years 1995, 2000 a table, please respond the questions below 2. nd 2005. Using the Variable 1995 2000 2005 Population Adult population Adult population able to 26,000,000 27,000,000 28,000.000 18,000,000 19,000,000 20,500.000 18,800,000 20,000.000 17.900.000 work Adult population able 15,700,000 16,500,000 18,000,000 and wanting to work Number employed Number unemployed 14.000,000 14,500,000 15,000,000 1.000.000 1,500,000 2.500,000 a) Define labor force. For each year find the labor force. Define the term "discouraged workers"....
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
Number 2 and 3 please. 2. Using the data for income distribution found in the table...
Number 2 and 3 please.
2. Using the data for income distribution found in the table below, compare the extent of income inequality between USA and Sweden using as many measures of income inequality as possible. % of Total National Income United States Sweden Top quintile of income earners 50.2 Fourth quintile of income earners 23.4 Middle quintile of income earners 14.6 Second quintile of income earners 8 Bottom quintile of income earners 3.3 37.0 22.7 17.6 14.0 3. The...
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.)...
3. The table below shows unemployment and labor force statistics for an economy. Actual rate of...
3. The table below shows unemployment and labor force statistics for an economy.Actual rate of unemployment3%Natural rate of unemployment4%Population of the country125mitlonNumber of people employed97miltionNumber of people unemployed3 millionNumber of people employed part-time5 millionNumber of discouraged workers2 milliona. Calculate the size of the labor force.b. Calculate the labor force participation rate. Show your work.c. Given the state of the economy described in the table, is actual real output less than, greater than, or equal to potential real output? Explain.d. Calculate...
2. The table below uses adjusted data for the year 2000 provided by Statistics Canada. All values are in millions. Fill in the blank entries in the table. Adult Population 108.12 Labour Force Labour-Force Unemployment Participation Rate Rate Country Japan France Germany Employed Unemployed 63.79 3.20 2.45 56.4 percent 69.17 25.98 39.75 8.08 percent
QUESTION 39 Use the following table to answer question The table below uses data for the year 2020 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. LFP Inflation #of Unemployment Rate Country Adult Labor #of Population Force Employed 109,474 ? 62,510 Unemployed Rate (U-3) Rate (%) ? Japan (%) 3,500 ? France 0.3 ? 26,870 ? 2,577 ? 57.41 1.4 Germany 70,159 39,591 ? ? 9.69 ? 2.5...
Wer questions The table below uses data for a specific year. All values in the table. 2 points All values are in thousands. Fill in the blank entries Country Adult Population Labor Employed Force Unemployed Unemployment Rate Participation 1109,474 Rate Vapan France Germany 62,510 3.500 70,159 66,010 26,870 39,591 2.577 $7.41 19.69 Q3. 4points Define and give an example of a catch up effect. 1 point - Set two government policies that contribute to improve the productivity and explain each...
then Use the data below to calculate the Unemployment Rate per country State the Unemployed without a decimal point. State the Unemployment rate to two decimal points and do not include a % sign. Country Adult Population Labor Force Employed Unemployed Unemployment Rate Japan 109.474 66,010 62,510 France 46,804 26,870 24,293 Germany 70,159 39,592 35,755 England 68.570 59,050 54,435
The table below provides some labor statistics for years 1995, 2000 a table, please respond the questions below 2. nd 2005. Using the Variable 1995 2000 2005 Population Adult population Adult population able to 26,000,000 27,000,000 28,000.000 18,000,000 19,000,000 20,500.000 18,800,000 20,000.000 17.900.000 work Adult population able 15,700,000 16,500,000 18,000,000 and wanting to work Number employed Number unemployed 14.000,000 14,500,000 15,000,000 1.000.000 1,500,000 2.500,000 a) Define labor force. For each year find the labor force. Define the term "discouraged workers"....
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
Number 2 and 3 please.
2. Using the data for income distribution found in the table below, compare the extent of income inequality between USA and Sweden using as many measures of income inequality as possible. % of Total National Income United States Sweden Top quintile of income earners 50.2 Fourth quintile of income earners 23.4 Middle quintile of income earners 14.6 Second quintile of income earners 8 Bottom quintile of income earners 3.3 37.0 22.7 17.6 14.0 3. The...
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