Homework Answers
1.
a.
People are not in the labor force= 30 millions
Employed=80 millions
Unemployed=5 millions
Labor force= Employed+ unemployed
=80+5
=85 milllions
Adult Population=LF+ people not in the labor force
=85+30
=115 millions
c.
The labor force participation rate= ( labor force/ adult population)*100
=(85/115)100
=73.91%
d.
The unemployment rate= (number of unemployed / Labor force)*100
=(5/85)100
=5.88%
Add Answer to:
1. (5 points) Suppose that in the country of Atlantis 30 million people are not in...
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.)...
If there are 56 million unemployed and 200 million employed people in Country N, what is...
If there are 56 million unemployed and 200 million employed people in Country N, what is the labor force participation rate if Country N's total adult working-age population is 389 million people? (round your answer to the nearest 10th) Sorry, that's incorrect. Try again? labor force participation rate = 51.4%
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 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?
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
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 that some country had an adult population of about 46 million, a labor-force participation rate...
Suppose that some country had an adult population of about 46 million, a labor-force participation rate of 75% and unemployment rate of 8% How many people were employed? A. 2.76 Million B. 31.74 Million C.34.5 Million D.42.32 Million
help Explan. 1.8 Suppose the number of employed people in an economy is 312,545,372. The unemployment...
help
Explan. 1.8 Suppose the number of employed people in an economy is 312,545,372. The unemployment rate in this economy is 7.4 percent, or 074, and the labor force participation rate is 80 percent, or 80. a. What is the size of the labor force? b. How many people are unemployed? c. What is the size of the working-age population? On og notion in Eurone nay higher unemployment
suppose the number of employed people in an economic is 312,545372. the unemployment rare in this...
suppose the number of employed people in an economic is 312,545372. the unemployment rare in this economic is 7.4 percent or 074 and the labor force participation rate is 80 percent or 80. what is the size of the labor force. how many people are unemployed. what is the size of the working age population.
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...
If there are 56 million unemployed and 200 million employed people in Country N, what is the labor force participation rate if Country N's total adult working-age population is 389 million people? (round your answer to the nearest 10th) Sorry, that's incorrect. Try again? labor force participation rate = 51.4%
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?
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
help
Explan. 1.8 Suppose the number of employed people in an economy is 312,545,372. The unemployment rate in this economy is 7.4 percent, or 074, and the labor force participation rate is 80 percent, or 80. a. What is the size of the labor force? b. How many people are unemployed? c. What is the size of the working-age population? On og notion in Eurone nay higher unemployment
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...
Most questions answered within 3 hours.
-
5. Suppose you obtained 0.55 g of crude clove oil from 7.0 g of
fresh cloves....
asked 4 minutes ago -
Provide a paragraph of introduction that generally describes
cognitive development over the lifespan.
asked 9 minutes ago -
In a market, when the price increased the total expenditure on
the good also increased. Is...
asked 9 minutes ago -
If 5.70 g of potassium react with water, how many grams of
hydrogen gas, H2, are...
asked 23 minutes ago -
How many moles of CO2 and H2O will be
produced by combustion analysis of 0.010 mol...
asked 21 minutes ago -
Tennis champion Maria Sharapova is capable of serving a tennis
ball at 126 mph.
b) What...
asked 29 minutes ago -
The electric potential V in the space between the plates of a
given vacuum tube is...
asked 38 minutes ago -
The Hydroboration-Oxidation of an Alkene to Yield 1-Octanol.
1-octene to 1-octanol using BH3-THF
What might be...
asked 44 minutes ago -
You draw and keep a single bill from a hat that contains a
$11, $55, $20...
asked 1 hour ago -
Write a Java program that has the following methods:
findSum - a method that takes in...
asked 1 hour ago -
A coffee cup calorimeter initially contains 135g of water at
22.0oC. Calcium chloride (21.0g) at the...
asked 1 hour ago -
A patient is having a magnetic resonance imaging scan (an MRI)
and has neglected to remove...
asked 1 hour ago