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Mikelsjustgated from college and is now looking for a job, but has not yet found onTheses...
2. The table below relates to the labor force classification of a particular country. Use the...
2. The table below relates to the labor force classification of a particular country. Use the information to answer the questions that follows. Full-time employed 56 million Part-time employed 22 million Unemployed 12 million Not in the Labor Force 30 million Calculate the following: a. Labor Force b. Adult Population c. Unemployment rate d. Labor-Force participation rate e. If some of those actively looking for a job apparently give-up and become “discourage workers’. All else being the same, how would...
Matilda just graduated from college. In order to devote all her efforts to college, she did...
Matilda just graduated from college. In order to devote all her efforts to college, she did not hold a job. She is going to cruise around the country on her motorcycle for a month before she starts looking for work. Other things the same, the unemployment rate ____________ and the labor force participation rate ______________. A. increases; does not change. B. does not change; decreases. C. decreases; does not change. D. increases; decreases. E. increases; increases. F. does not change; increases. G. does not change; does not...
Satchel loses his job and immediately begins looking for another. Other things the same, the unemployment...
Satchel loses his job and immediately begins looking for another. Other things the same, the unemployment rate ____________ and the labor force participation rate ______________. A. increases; does not change. B. does not change; decreases. C. does not change; increases. D. increases; decreases. E. does not change; does not change, F. decreases; does not change. G. increases; increases. H. decreases; decreases. I. decreases; increases.
It is graduation time in a small island nation. There are a total number of 17,688...
It is graduation time in a small island nation. There are a total number of 17,688 graduating from college and are actively looking for work. The college graduates are not included in the current employment measures for the country, which are given in the table. Answer the related questions taking into account the college graduates and the information in the table. Number of employed Number of unemployed Total population over age 16 335,915 15,483 415,999 What is the size of...
12 Jack is an out-of-work sculptor. He has been looking for a job for the last...
12 Jack is an out-of-work sculptor. He has been looking for a job for the last two years. Unable to find any, he has up his job search. Which of the following is true in this case? OHe is a discouraged worker and will not be included in the calculation of the unemployment rate. OThis is an example of structural unemployment O This is an example of frictional unemployment ○He is a part of the unemployed labor force.
Q2. From the data below, answer the following questions. Show your work. Working-age population 250 million...
Q2. From the data below, answer the following questions. Show your work. Working-age population 250 million Not in Labor Force 85 million Discouraged workers 2 million Involuntary part-time workers 8 million Unemployed 15 million Employed 150 million a. Compute the labor force participation rate. (2pts) b. Compute the official unemployment rate (U-3). (2pts) c. Suppose that 2 million jobless people (i.e., unemployed) suddenly quit looking for a job. How does it affect the labor force participation rate and the official...
Which of the three measures of inflation measures the average price level of the largest number 19. of goods? a. The CP b. The GDP Deflator c. The Producer Price Index d. The Wholesale Price Inde...
Which of the three measures of inflation measures the average price level of the largest number 19. of goods? a. The CP b. The GDP Deflator c. The Producer Price Index d. The Wholesale Price Index 20. Which of the following is NOT a reason why people save a. To smooth consumption over their lives b. To finance their future retirement c. As a way to transfer income from good times to bad d. To increase investment 21. If the...
There are 200 people in the population. Ten of them are under the age of 16...
There are 200 people in the population. Ten of them are under the age of 16 and have no job. Five of them are under the age of 16 and have a job. Thirty people have retired, and half of these are no longer capable of working. There are 25 stay at home spouses. There are 20 college students with no job and half of them are looking for a job. Ten people have no job but are looking, and...
Pls do it yourself. Will learn from it thanks Expert!! Question Z A BC DepLh3 Jol...
Pls do it yourself. Will learn from it thanks
Expert!!
Question Z A BC DepLh3 Jol is a small economy. The information on the categories of the people in this economy is from a recent issue of the Jol Economic Watcher Agency shown in below Milllons 790 Have a full-time job Don't have a job but are looking for one Don't have a job and are not looking for one 335 675 Based on the given information: Calculate the Labour...
Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios...
Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Effect On... Unemployment Rate Labor-Force Participation Rate Raphael, a full-time college student, graduates and is immediately employed. Susan quits her job to become a stay-at-home mom. Alex has a birthday, becomes an adult, and starts working in a restaurant. Clancy, a construction worker, dies in an accident at work.
It is graduation time in a small island nation. There are a total number of 17,688 graduating from college and are actively looking for work. The college graduates are not included in the current employment measures for the country, which are given in the table. Answer the related questions taking into account the college graduates and the information in the table. Number of employed Number of unemployed Total population over age 16 335,915 15,483 415,999 What is the size of...
12 Jack is an out-of-work sculptor. He has been looking for a job for the last two years. Unable to find any, he has up his job search. Which of the following is true in this case? OHe is a discouraged worker and will not be included in the calculation of the unemployment rate. OThis is an example of structural unemployment O This is an example of frictional unemployment ○He is a part of the unemployed labor force.
Q2. From the data below, answer the following questions. Show your work. Working-age population 250 million Not in Labor Force 85 million Discouraged workers 2 million Involuntary part-time workers 8 million Unemployed 15 million Employed 150 million a. Compute the labor force participation rate. (2pts) b. Compute the official unemployment rate (U-3). (2pts) c. Suppose that 2 million jobless people (i.e., unemployed) suddenly quit looking for a job. How does it affect the labor force participation rate and the official...
Which of the three measures of inflation measures the average price level of the largest number 19. of goods? a. The CP b. The GDP Deflator c. The Producer Price Index d. The Wholesale Price Index 20. Which of the following is NOT a reason why people save a. To smooth consumption over their lives b. To finance their future retirement c. As a way to transfer income from good times to bad d. To increase investment 21. If the...
Pls do it yourself. Will learn from it thanks
Expert!!
Question Z A BC DepLh3 Jol is a small economy. The information on the categories of the people in this economy is from a recent issue of the Jol Economic Watcher Agency shown in below Milllons 790 Have a full-time job Don't have a job but are looking for one Don't have a job and are not looking for one 335 675 Based on the given information: Calculate the Labour...
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