2. Calculate the all the missing figures and use the results for analyzing the unemployment rates its relationship with population and employment condition. Also identify if any discourage workers effect among the four years?. Country: Peace Land Population Unemployed Employed Labor Fore Year 1 Year 2 Year 3 Year 4 20,000 22,000 21000 25,000 7,500 9,000 7000 8000 11,000 12,000 10000 14000 ? Not in Labor Force Unemployment Rate Labor Force Participation Rate

2. Calculate the all the missing figures and use the results for analyzing the unemployment rates its relationship with population and employment condition. Also identify if any discourage workers effect among the four years?. Country: Peace Land Population Unemployed Employed Labor Fore Year 1 Year 2 Year 3 Year 4 20,000 22,000 21000 25,000 7,500 9,000 7000 8000 11,000 12,000 10000 14000 ? Not in Labor Force Unemployment Rate Labor Force Participation Rate

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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25 - Which type of unemployment is caused by demand changes?A) InvoluntaryB) StructuralC) seasonalD) HiddenE) cyclical
4. In our country the participation rate is 60% and the unemployment rate is 10%. If the number of peopl able to work is 20 million then the number of unemployed will be: A. 12 million. C. 10.8 million E. 1.2 million B. 8 million D. 2 million
Why does the employment-population ratio have an upward trend from 1960 to 2000? The employment-population ratio has an upward trend because _______. A. the employment-population ratio for men increased B. the employment-population ratio for women increased C. the size of the working-age population was increasing D. the size of the labor force was increasing Thanks!!!
3
One unintended consequence of unemploymentinsurance is that it reduces thea. search effort of the unemployed.b. income uncertainty that workers face.c. role of unions in wage setting.d. amount of frictional unemployment.
Create a table with the National Unemployment rates from February 2020 through October 2020. Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2020 3.5 3.5 4.4 14.7 13.2 11.0 10.2 8.4 7.9 6.9 6.7 6.7 What trend(s) do you observe? Next, review the employment situation summaries from March 2020 and October 2020.
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onable to work. The unemployment rate in this country equals AS million employed, 9 millon pensioners, 4 milion unermpioyed and 1 million people who are physically a country with a populaion of 50 million people, there are 20 milion children under the age of 15 years, able to work. The unemployment rate in this country equals A 10%. B 13,3% C 20%. D 25%. 23. Refer to the table below that contains information about the Consumer Price Index in Mythopia, in order to answer the question. Year Consumer Price Index 100,0 2010 2011 112,1 2012 120.8 The unit of currency in Mythopia is the Myth. Between 2010 and 2012, the purchasing power of the oonsumer's Myth A Decreased to 20,8 cents. Decreased to 120,8 cents. C Decreased to 83 cents. D Decreased to 93 cents. B.
Real Wage Number of Workers Demanded Labor Force Participation Rate 60 120,000,000 30% 70 110,000,000 35% 80 100,000,000 40% 90 90,000,000 45% 100 80,000,000 50% 110 70,000,000 55% 120 60,000,000 60% 130 50,000,000 65% 140 40,000,000 70% 150 30,000,000 75% 160 20,000,000 80% 170 10,000,000 85% Ignore everything that happened in the previous questions. We know that supply of labor can increase either because of an increase in labor force participation rate or an increase in civilian population. We saw the effect of the former above. This question is about the latter. The table above shows some pieces of information about the labor market condition in a country. It shows the number of workers demanded in the country at different levels of real wage. It also shows the labor force participation rates at those real wage levels. For example, if the real wage is 60, only 30% of the civilian population will participate in the labor force. If the real wage is…
The main policy goal of unemployment insurance isto reduce thea. search effort of the unemployed.b. income uncertainty that workers face.c. role of unions in wage setting.d. amount of frictional unemployment.
4.Discuss the main types of unemployment in Namibia, citing appropriate examples.
1. In which year was the Civilian Unemployment Rate the highest in this time series? 2. In which year was the Civilian Unemployment Rate the lowest in this time series?