If the number of employed people equals 185 million, the number of unemployed people equals 15 million, and the number of people in the population aged 16 and older equals 210 million, then   a. the unemployment rate equals 7.14% and the labor force participation rate equals 95.2%.   a. the unemployment rate equals 7.23% and the labor force participation rate equals 85.7%.   a. the unemployment rate equals 7.5% and the labor force participation rate equals 92.9%.   a. the unemployment rate equals 7.7% and the labor force participation rate equals 92.9%.   a. the unemployment rate equals 7.7% and the labor force participation rate equals 92.9%.

Q: in the United States, the adult population is 160.5 million, the labor force is 75.6 million, and…

A: Labor force participation is the fraction of the working-age population in the labor force. This…

Q: What is the difference between being unemployed and being out of the labor force? How do you…

A: Unemployed people are those who do not have a job, have actively sought for employment in the…

Q: Suppose a country has a working-age population of 200 million, with 6.82 million unemployed and…

A: Unemployment rate refers the rate of the person who willing to work and have skills but dont have…

Q: Which of the following is included in the measurement of unemployment rate? Question 4Answer a. A…

A: The objective of the question is to identify which of the given options is considered unemployed…

Q: Question 29 of 39 Okun's law estimates that: % change in GDP = 3% – 2 • (% change in unemployment)…

A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…

Q: In a particular economy, the labor force (the sum of employed and unemployed workers) is fixed at…

A: As there is 100 million workforce (which includes the employed and unemployed ones)  January :…

Q: The information in the table below is for the economy of Mensk. Round your responses below to one…

A: Given information: Working-age population = 25 Number of people in full-time employment = 12 Number…

Q: Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses…

A: Labor force participation refers to the proportion of the working-age population (typically defined…

Q: Suppose that you are given the following information: a. If the labour force participation rate is…

A: The Labour force participation rate is the ratio between the total labor force and the total…

Q: Suppose the working-age population is 50 million, the labour force is 20... Suppose the working-age…

A: The working-age population is 50 million.The labor force is 20 millionThe unemployment rate is 15%.

Q: The following data pertains to Googa, an economy.  Population:258 million. Population 16 years and…

A: Given information,  Total population: 258 million Population unemployed: 3 million  Population…

Q: Based on each of the following descriptions of an individual, answer whether they would be…

A: A person who is above the minimum age criteria is considered as the labor force. While the person…

Q: Suppose that roughly 8 million people in Canada unsuccessfully sought work this month, the same…

A: The unemployment rate is defined as the percentage of the workforce that is unemployed. It's a…

Q: Civilian Civilian Total Total Noninstitutional Labor Employed Population Population Force Persons…

A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…

Q: The accompanying table provides data on the size of the labour force and the number of unemployed…

A: Employed workers = Labor Force - Unemployed workersChange in employed workers = Employed Workers…

Q: Which of the following does the unemployment rate not tell us? A. Percent of the labor force…

A: People who are actively looking for a job and are able to work are considered unemployed.

Q: Considering an economy with a total labour force of 151 million people, in which 144 million people…

A: Given: Total labor force= 151 million Employed=144 million Searching for job=7 million Adult…

Q: In an economy, the working-age population iš 100 million Uf this total, 75 million workers are…

A: Working-age population=100 million Employed: People who are working in a paid job=75 million…

Q: Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200…

A: Unemployment refers to the situation when individual willing to work but cannot find employment…

Q: Total population Working-age population Employed A (7,500/75,000) × 100. Unemployed Consider the…

A: Given, Total population = 125,000Working-age population = 75,000Employed = 60,000unempoyed = 7,500…

Q: Which of the following is correct? The unemployment rate is a. (employed-unemployed)/labor force X…

A: The labor force is the sum of employed and unemployed workers.  i.e., Labor force = Employed +…

Q: Bell-land's unemployment rate is 7.2%. The ruler of Bell-land ( a wonderful, wise middle-aged woman…

A: Unemployment is a world wide problem. Basically it is generated due to low demand of labour in…

Q: Suppose you are given the following information: Labor force Adults in the military Nonadult…

A: When a person actively looking for work is unable to do so, they are said to be unemployed. In terms…

Q: The retirees are 2.7 million people. Find a). Unemployment rate b). Employment rate =).…

A: Employment rates are defined as a measure of the extent to which available labour resources (people…

Q: In an economy, the working-age population is 400 million. Of this total, 320.0 million workers are…

A: The labor force participation rate signifies the proportion of the working-age populace actively…