Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses below rounded to one di201823157.60.7106201924.516.58.70.8108Population (millions)Working-age populationLabour forceUnemployedCPI (2002 = 100)a. What are the labour force participation rates in each year?The labour force participation rate for 2018 is 50.67 %, for 2019 isb. What are the unemployment rates in each year?The unemployment rate for 2018 is 9.21 %, for 2019 is 9.20 %, for 2020 isc. What are the annual inflation rates in the years 2019 and 2020?1.89% and for 2020 isThe annual inflation rate in the year 2019 isd. What was the percentage increase in population in the years 2019 and 2020?The percentage increase in population in the year 2019 is% and in 2020 ise. If the population continues to increase at this rate, how long will it take for the population to double?It will take aboutyears for the population to double.202026.0919.090.711252.73 %, for 2020 is3.70 %.< Prev 14 of 147.78 %.%.47.37 %.Next4

The labor force participation rate is the percentage of the labor force in the working-age…

Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses be 2018 23 15 7.6 0.7 106 Population (millions) Working-age population Labour force Unemployed CPI (2002 = 100) a. What are the labour force participation rates in each year? 2019 24.5 16.5 8.7 0.8 108 2020 26.09 19.0 9 0.7 112

Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses be 2018 23 15 7.6 0.7 106 Population (millions) Working-age population Labour force Unemployed CPI (2002 = 100) a. What are the labour force participation rates in each year? 2019 24.5 16.5 8.7 0.8 108 2020 26.09 19.0 9 0.7 112

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Laos' total population is 300,000. There are 60,000 people under the age of 16 in Laos. Laos' Labour Force size is 180,000. Currently there are 150,000 members of the Labour Force working. 1. What is Laos Labour Force Participation Rate? 2. What is Laos' unemployment rate?
Use the following to answer questions 1-6: Working Age Population Labor Force # of Employed 1. What is the number of unemployed in year 1 in Table 6.1? (A) 60 million. (B) 5 million. 3. What is the unemployment (A) 57.1 percent. Population and labor force data Year 1 140 million 80 million 65 million 2. What is the number of unemployed in year 10 in Table 6.1? (A) 17 million. (B) 78 million. 4. What is the unemployment (A) 86.3 percent. (C) 15 million. (C) 13 million. (B) A positive relationship. (C) No relationship. (D) A negative relationship. rate in year 1 in Table 6.1? (B) 46.4 percent. (C) 18.75 percent. rate in year 10 in Table 6.1? (B) 13.7 percent. (C) 51.3 percent. 5. What is the labor-force participation rate in year 1 in Table 6.1? (A) 9.3 percent. (B) 81.3 percent. (C) 46.4 percent. 6. What is the labor-force participation rate in year 10 in Table 6.1? (A) 59.4 percent. (B) 8.1 percent. (C) 86.3 percent. Year 10 160 million 95 million 82 million (D) 75 million. (D) 65…
A6
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This not a test its a textbook question
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