5. Say there are 250,000 people in a city. 162,000 worked for pay in the last week and the labor force participation rate is 68%. a) What's the unemployment rate in this city (to one decimal place)? Show your work. b) Say that the population and the number of people working for pay stays the same, but the unemployment rate falls. Explain how that can be the case, and give two possible specific reasons why it can happen. c) Over the course of the past few decades, how has the labor force participation rate changed for women and men in the U.S.?

5. Say there are 250,000 people in a city. 162,000 worked for pay in the last week and the labor force participation rate is 68%. a) What's the unemployment rate in this city (to one decimal place)? Show your work. b) Say that the population and the number of people working for pay stays the same, but the unemployment rate falls. Explain how that can be the case, and give two possible specific reasons why it can happen. c) Over the course of the past few decades, how has the labor force participation rate changed for women and men in the U.S.?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Store Travel Time Each Way (minutes) Price of a Skirt (Dollars per skirt) Local Department Store 15 103 Across Town 30 87 Neighboring City 60 64 Juanita makes $16 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $16 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location. Store Opportunity Cost of Time Price of a Skirt Total Cost (Dollars) (Dollars per skirt) (Dollars) Local Department Store 103 Across Town 87 Neighboring City 64
insert a formula that calculates the percentage Raymond paid of the issue price by dividing the amount Paid by the Issue Price.
13- Identify the one which is given in terms of money to the sales person. a. Promotion b. Recognition c. Salary d. Club facility Clear my choice
Question 1 Table 1: Consumption of Bread and Flour Consumer Consumption Consumption 1 2 3 4 5 of Bread of Flour 10 90 026205 6 15 10 120 50 75 A supermarket has employed you to do some analysis of their customers' shopping. They have provided you with the data in Table 1. Based on the data in Table 1, explain what preference type you would use in your analysis. (10 marks)
Please Use excel to solve this problem
One of South Africa’s cellphone operators, Cell C, is changing their overall business strategy.The focus is now on providing customers with “affordable and accessible services." To do thisthey need your economic expertise.They know that when price for premium services increases from R2/minute to R2.2/minute thedemand for their services falls from 12 customers to 10 customers. Question: What recommendations can you make to increase total revenue?
II. Give an example of a product based on Consumer or household Goods Classification PRODUCTS CONVENIENCE GOODS SHOPPING GOODS SPECIALTY GOODS UNSOUGHT GOODS
A Moving to another question will save this response. Question 4 Refer to the information provided in Table 22.5 below to answer the question(s) that follow. Table 22.5 Price per Unit in 2014 2015 $2.00 Units Purchased 2013 $2.00 $2.00 $2.50 2016 $2.10 $2.40 $2.50 $3.50 $4.00 Blueberries 8 Pineapples $2.50 $3.00 Cheese 3 $3.00 Refer to Table 22.5. If 2014 is the base year, the consumer price index in 2013 is 0.893. 0.96. 1.04. 1.119.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
What do you think is the advantage of wearing school uniforms during online class?
A toy manufacturing firm makes a toy $5 and decide a markup of 3$. Calculate the selling price.