4. Consider the following information about Canadians. There are 28 million Canadians, 2.5 million lives in Atlantic Canada. There are 21 million of the Canadians employed across Canada. 2 million of the Canadians are working in Atlantic Canada. To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1 million people across Canada living with E.I. while there are 0.2 million people in Atlantic Canada living with E.I. Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.} Draw the corresponding Venn diagram. Determine the following probabilities. a. Selecting a non-Atlantic Canada residence living with E.I. b. Selecting an employed Canadian in Atlantic Canada living with E.I. c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I. d. Selecting a non-E.I. receiver working outside Atlantic Canada.

4. Consider the following information about Canadians. There are 28 million Canadians, 2.5 million lives in Atlantic Canada. There are 21 million of the Canadians employed across Canada. 2 million of the Canadians are working in Atlantic Canada. To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1 million people across Canada living with E.I. while there are 0.2 million people in Atlantic Canada living with E.I. Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.} Draw the corresponding Venn diagram. Determine the following probabilities. a. Selecting a non-Atlantic Canada residence living with E.I. b. Selecting an employed Canadian in Atlantic Canada living with E.I. c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I. d. Selecting a non-E.I. receiver working outside Atlantic Canada.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 7SCQ: Many college students graduate from college before they have found a job. When graduates begin to...

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Question

4. Consider the following information about Canadians.
There are 28 million Canadians, 2.5 million lives in Atlantic Canada.
There are 21 million of the Canadians employed across Canada.
2 million of the Canadians are working in Atlantic Canada.
To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1
million people across Canada living with E.I. while there are 0.2 million people in Atlantic
Canada living with E.I.
Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.}
Draw the corresponding Venn diagram.
Determine the following probabilities.
a. Selecting a non-Atlantic Canada residence living with E.I.
b. Selecting an employed Canadian in Atlantic Canada living with E.I.
c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I.
d. Selecting a non-E.I. receiver working outside Atlantic Canada.

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