take the decimal result times 100. We will round to one decimal places here:Check my3804600.826 x 100 = 82.6%Part 1 of 2Percentages and Ratios-Problem #13.12polntsThe labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work butactively looking for a job (the unemployed).eBookCalculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number ofunemployed actively looking for work is 1,600.Print.Referencesa. Labor Force:peopleA commonly reported labor statistic is the Labor Force Participation Rate 'LFPR":Stze of the laborforce=Adult PopulationLFPRx 100b. Calculate the Labor Force Participation Rate (Round your answer to one decimal place):The Unemployment Rate is calculated as those who are not working but actively looking for a job ("the unemployed") divided by thelabor force:UnemployedSize of the Labor ForceUnemployment Rate =x 100c. Calculate the Unemployment Rate (Round your answer to one decimal place):%242122Next >McGrawHill< Prevof 33MacBook AiF11F9F10F8F720,880 F4F6F5F3F2F1...

Answer: Given, Adult population = 30,000 Working population = 17,700 Unemployed population = 1,600…

đěčimal places here: 380 460 = 0.826 x 100 = 82.6% Part 1 of 2 Percentages and Ratios-Problem #1 3.12 polnts The labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work but actively looking for a job (the unemployed). eBook Calculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number of unemployed actively looking for work is 1,600. Print References a. Labor Force: people A commonly reported làbor statistic is the Labor Force Participation Rate 'LFPR': Size of the labor force Adult Population LFPR = x 100 b. Calculate the Labor Force Participation Rate (Round your answer to one decimal place):| The Unemployment Rate is calculated as those who are not working but actively looking for a job ("the labor force: mployed") divided by the Unemployment Rate = Unemployed Size of the Labor Force x 100 c. Calculate the Unemployment Rate (Round your answer to one decimal place):

đěčimal places here: 380 460 = 0.826 x 100 = 82.6% Part 1 of 2 Percentages and Ratios-Problem #1 3.12 polnts The labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work but actively looking for a job (the unemployed). eBook Calculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number of unemployed actively looking for work is 1,600. Print References a. Labor Force: people A commonly reported làbor statistic is the Labor Force Participation Rate 'LFPR': Size of the labor force Adult Population LFPR = x 100 b. Calculate the Labor Force Participation Rate (Round your answer to one decimal place):| The Unemployment Rate is calculated as those who are not working but actively looking for a job ("the labor force: mployed") divided by the Unemployment Rate = Unemployed Size of the Labor Force x 100 c. Calculate the Unemployment Rate (Round your answer to one decimal place):

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1.Based on the following statistic, form a price index (consider 2015 as the base year) for the country East Germany: Products Computer Price & Quantity in 2015- $400,10 Computer Price & Quantity in2016- $300,10 Mobile Price & Quantity in 2015- $2,14 Mobile Price & Quantity in 2016- $10,14 Wheat Price & Quantity in 2015- $8,18 Wheat Price & Quantity in2016- $9,18 a) After forming a price index, calculate and comment on inflation of East Germany. 2.Explain with a diagram how a decrease in human capital can lead to detrimental results for economic growth (holding physical capital and technological progress constant)?
Find out the coefficient of Variation (CV). Please discuss the effect of large observation with the help of CV. Use MS-EXCEL for the Calculation, Take Snapshot after analysis and paste it
Numbers of people took survey 58 number reporting at least one hour per week of paid employment 22 number working less than 30hours 7 Number of people working 30 or more hours 15 number not working but actively seeking for work 8 number of not working and not looking for work who are student 30 homemakers 1 other 5 Find Labor force (employed and unemployed)
Let’s assume that a country in the Caribbean reports the following labour statistical data to its citizen in 2011. Labour force: 140,200 Individuals under 16 years: 12,400 Employment: 132,700 Imprisonment: 980 Working age population: 210,900 Armed forces: 18,600 Use the information given to calculate the following: (c) Employment to population ratio Institutionalized population ratio (d) Not in the labour force (e) Working age population ratio
Category Total population Less than 16 years of age Over 65 years of age Institutionalized 15 Part-time workers 40 Full time workers 145 Actively looking for work 10 In the US Armed forces 20 The Labor force participation are is 95% 83.% 80% 93% a. b. C. Number of people (million) 305 d. 30 5
Question 3 The table below gives some labor statistics (from the Bureau of Labor Statistics) for years 1995, 2000 and 2005. Use these data to answer the following questions. Express your answers in percentage terms to two places past the decimal. Variable 1995 2000 2005 Population 26,000,000 27,000,000 28,000,000 Adult population 18,000,000 19,000,000 20,500,000 Adult population able to work 17,900,000 18,800,000 20,000,000 Adult population able and wanting to work 15,700,000 16,500,000 18,000,000 Number employed 14,000,000 14,500,000 15,000,000 Number unemployed 1,000,000 1,500,000 2,500,000 a. Define labor force. For each year find the labor force b. Define the labor-force participation rate. Calculate it for each year c. Calculate the unemployment rate for each year.
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A small city has the following characteristics: Population (15+): 440000 Labour Force Participation Rate: 69% Unemployment Rate: 7% How many people are unemployed in this city? (Nearest whole number.)