In Country X, the population is 100 million, 60 million people are employed, 5 million are not employed and looking for work, and 35 million are not employed and not looking for work. What is the unemployment rate in Country X?

Q: Is there any e-business apps that you would suggest to a small business in order to help it survive…

A: e-business is functioning very well during the pandemic, whether it was small or big business…

Q: briefly describe the movements you observe. Compare your two countries. Economic Growth of Argentina…

A: Here we have to analyse the economic growth of both the countries Argentina and Nicaragua.The…

Q: What is a way we can estimate how much a life is worth and Is this beneficial for society?

A: The value of life, also known as the implied cost of averting a fatality, is an economic variable…

Q: Factors of production

A: The final goods and services served in the market for the consumers. There are some factors that use…

Q: solve all plea

A: Hi there , as per our guidelines we can solve only 1 question at a time . So we are solving Ques 2-2…

Q: Based on what you have learned so far, what is the biggest problem an economy faces and how can we…

A: In the short run, all resources are fixed but labor is a variable input and in the long run, all…

Q: Could you please provide me with the steps for each part? I would like to see the steps. Thanks!

A: Disclaimer: “Since you have asked multiple questions, we will solve the first 3 subpart question for…