Homework Answers
Here Jose will come under the unemployed person
unemployed persons are those who are willing to work and find job for at least last 4 weeks but unable to find it
labour force consists of employed and unemployed peoples
So here Jose will come under labour force
answer is option D
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If Jose is 22-years old, is available to work but does not have a job and...
Economics CH21 Applied Assignment #2 Names 5. For each scenario, circle all appropriate criteria that apply:...
Economics CH21 Applied Assignment #2 Names 5. For each scenario, circle all appropriate criteria that apply: ! A husband willingly stays home with children while his wife works. Working Ane Population Young/Military/Institutionalized Labor force Not In Labor Force Unemployed Employed b. A manufacturing worker whose factory just closed down. Working Ate Population Yound/Military/Institutionalized Labor Force Not In Lobor force Unemployed Employed ca A college student doing an unpaid summer internship. Working Ate Population Young/Military Institutionalized Labor Force Not In Labor...
In a country with a working - age population of 30 million, 20 million are employed,...
In a country with a working - age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, hall of whom wish to work full-time. The labour force is O A. 18 million OB. 16 million. OC. 22 million OD. 20 million. O E. 30 million
Someone who is available for work but has not actively looked for work in the previous...
Someone who is available for work but has not actively looked for work in the previous four weeks would be classified as Select one: a. employed. b. unemployed. c. not in the labor force. d. slacker.
I need some help completing this exercise on unemployment and inflation and labor force participation In...
I
need some help completing this exercise on unemployment and
inflation and labor force participation
In an economy, the working-age population is 400 million. Of this total, 320.0 million workers are employed. 12.0 million workers are unemployed 56.0 million workers are not available for work (homemakers, full-time students, etc.) 8.0 million workers are available for work but are discouraged and thus are not seeking work 4.0 million workers are available for work but are not currently seeking work due to...
Respondents to the household survey end up in one of three primary categories: employed, unemployed, or...
Respondents to the household survey end up in one of three primary categories: employed, unemployed, or not in the labor force. • An employed person is someone who worked for pay, worked for his or her own business, or was on temporary leave from a paid position during the week of the survey. • An unemployed person is someone who did not work during the survey week but was available to work and had searched for employment at some point...
Need help, please show work The table below provides the results of the Current Population Survey...
Need help, please show work
The table below provides the results of the Current Population Survey for the year 2017. 3. a) Calculate the labor force participation rate and the unemployment rate in 2017. [You should show your work.] Number of People 665 Employed Unemployed Not in the Labor Force 35 300 b) The labor market diagram below depicts the supply and demand for labor services of working-age teenagers (age 16-19). Suppose the government institutes a minimum wage of $15...
question 33 is more than one answer QUESTION 32 Mr. Loon is crazy. He is institutionalized...
question
33 is more than one answer
QUESTION 32 Mr. Loon is crazy. He is institutionalized at a state mental hospital where he has a job teaching bird calls to other inmates. He will be counted in which of the following categories: Ob. Employed Ok. Represents three jobs in the Establishment Survey calculations of total employment O c. Unemployed Oh. Cyclically unemployed i. Represents one job in the Establishment Survey calculations of total employment. 1. Frictionally unemployed d. Not in...
The United States Bureau of Labor Statistics (BLS) categorizes individuals in the United States into three...
The United States Bureau of Labor Statistics (BLS) categorizes individuals in the United States into three broad groups based on their employment status. Categorize each individual as employed, unemployed, or not in the labor force according to BLS standards. Employed Unemployed Not in the labor force Answer Bank Brian is a 31-year-old who would like a job, is available to work, and most recently sought work six weeks ago. Sarah is a 72-ycar-old retiree who has no intention of returning...
Question 6 1 pts Consider an economy made up of 100 people, 50 of whom hold...
Question 6 1 pts Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately: O 17 percent. O 20 percent. 25 percent. 12 percent. 10 percent. Previous Next UiZ instructions Question 7 1 pts The unemployment rate will decrease whenever there is a(n): O reduction in the size of the labor force. decrease in the number of unemployed and...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
Economics CH21 Applied Assignment #2 Names 5. For each scenario, circle all appropriate criteria that apply: ! A husband willingly stays home with children while his wife works. Working Ane Population Young/Military/Institutionalized Labor force Not In Labor Force Unemployed Employed b. A manufacturing worker whose factory just closed down. Working Ate Population Yound/Military/Institutionalized Labor Force Not In Lobor force Unemployed Employed ca A college student doing an unpaid summer internship. Working Ate Population Young/Military Institutionalized Labor Force Not In Labor...
In a country with a working - age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, hall of whom wish to work full-time. The labour force is O A. 18 million OB. 16 million. OC. 22 million OD. 20 million. O E. 30 million
I
need some help completing this exercise on unemployment and
inflation and labor force participation
In an economy, the working-age population is 400 million. Of this total, 320.0 million workers are employed. 12.0 million workers are unemployed 56.0 million workers are not available for work (homemakers, full-time students, etc.) 8.0 million workers are available for work but are discouraged and thus are not seeking work 4.0 million workers are available for work but are not currently seeking work due to...
Respondents to the household survey end up in one of three primary categories: employed, unemployed, or not in the labor force. • An employed person is someone who worked for pay, worked for his or her own business, or was on temporary leave from a paid position during the week of the survey. • An unemployed person is someone who did not work during the survey week but was available to work and had searched for employment at some point...
Need help, please show work
The table below provides the results of the Current Population Survey for the year 2017. 3. a) Calculate the labor force participation rate and the unemployment rate in 2017. [You should show your work.] Number of People 665 Employed Unemployed Not in the Labor Force 35 300 b) The labor market diagram below depicts the supply and demand for labor services of working-age teenagers (age 16-19). Suppose the government institutes a minimum wage of $15...
question
33 is more than one answer
QUESTION 32 Mr. Loon is crazy. He is institutionalized at a state mental hospital where he has a job teaching bird calls to other inmates. He will be counted in which of the following categories: Ob. Employed Ok. Represents three jobs in the Establishment Survey calculations of total employment O c. Unemployed Oh. Cyclically unemployed i. Represents one job in the Establishment Survey calculations of total employment. 1. Frictionally unemployed d. Not in...
The United States Bureau of Labor Statistics (BLS) categorizes individuals in the United States into three broad groups based on their employment status. Categorize each individual as employed, unemployed, or not in the labor force according to BLS standards. Employed Unemployed Not in the labor force Answer Bank Brian is a 31-year-old who would like a job, is available to work, and most recently sought work six weeks ago. Sarah is a 72-ycar-old retiree who has no intention of returning...
Question 6 1 pts Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately: O 17 percent. O 20 percent. 25 percent. 12 percent. 10 percent. Previous Next UiZ instructions Question 7 1 pts The unemployment rate will decrease whenever there is a(n): O reduction in the size of the labor force. decrease in the number of unemployed and...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
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