Do not use chatgpt. Okay, now that Thomas is aresident of Cittadina, I am going tohave to categorize Thomas andrecalculate some of my labormarket indicators for Cittadina.Thomas told me he is 30 years old.Here is my summary before Thomasmoved back to Cittadina.Susan, Stats Can AnalystNow that Thomas is a resident,what is Cittadina's labor forceparticipation rate?It is still 100 percent.It is now 85.7 percent.It is now 92.5 percent.Submit

The correct answer is: It is still 100 percent because examination of the cheque expose it and…

Answered: Okay, now that Thomas is a resident of…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....

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Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs. Japan (called the 'Activity Rate' in the OECD data). Based on this chart, answer the questions below: FRED Actvity hate Aged 158 AN Persans r the thot Stanos Actvity RateAged 15 AN Persans for Apar 22 2002 2004 2006 010 2012 20 Sdng areas ndicale US recessioHIS Source Orgazation for Economc Co operaion and Develpment med souisled.org a) How could these trends in thé US & Japanese Labor Force Participation (LFP) rates impact per capita real GDP growth rates in their respective countries (i.e. in the U.S & in Japan)? Are there any factors which could mitigate the impact of these LFP trends on growth? b) What factors are likely to impact the trends in U.S. and Japanese LFP in the next year? Over the next 10 years?
Next C Which statement correctly describes the U.S. labor force participation rate? The U.S. labor force participation rate O A. increased from 59 percent in 1960 to 67 percent in 1999 B. for women is higher than the female labor force participation rates in Canada and the United Kingdom O C. has a downward trend that is mainly accounted for by the decreasing participation of women in the labor market D. is calculated as the percentage of the working-age population who are employed 888
Use the graph to answer the following question. Median Annual Earnings of Full-Time, Year-Round Workers Ages 25-34, by Educational Attainment: 2019 Delars S0.000 0.000 S70.000 70.000 S50,700 60.000 $55,700 S0.000 $44700 S31,700 $40.000 40,000 S35.000 $29,300 30.000 20.000 10.000 Some college, no degree Assodale's degree Bachelor degree Masters or higher degree Al educational Less than High school completion Total ettainment levels high school completion Bachelor's or higher degree Educational atainmest Which of the following statements is supported by the information in the graph? O A. High school graduates earn an average income. B. Investing in education leads to a higher standard of living. O. C. Education has little impact on the earnings of workers. O D. The costs of post-secondary education are greater than the benefits. 7 8 9. 4. W e m b n alt
Look at this graph of real wage index in England between 1260 and 1800. Consider also that, in the bubonic plague of 1348 and 1351, between one quarter and one third of Europe's population died. M. Bubonic Statute of plague Labourers 140 100 1260 1348 1800 2000 100 40 Kett's rebellion Peasants Glorious Revolution rebellion 20 1260 1320 1380 1440 1500 1560 1620 1680 1740 1800 Select one or more: O a. According to the Malthusian model, the fall in the population due to the bubonic plague would have led to an increase in the average productivity of workers, causing the observed rise in the real wage post-plague. O b. The doubling and halving of the real wage index over 250 years from around 1350 cannot be explained by the Malthusian model. O C. The fall in the unskilled workers' share of total output in the 17th and. 18th centuries was due to the fall in their average product of labour. O d. In the Malthusian model, the rise in real wages from 1800 onwards, at the same time as the rise in…
When Sue graduated from college, she got a job with a starting salary of $30.000. When Sue's sister Jan graduated five years later, her starting salary was $36.000. Jan likes to tease Sue about earning more than Sue did right out of college. Sue dlaims that she actually had the higher salary in real dollars. The Consumer Price Index rose 28 percent during the five years separating the sisters' graduations. Therefore, we can conclude that Jan earmed the highor real salary ts Sue eamed the higher real salary there isn't enough information to determine who earned the higher real salary both Sue and Jan earned the same real salary am Next
Given the information in the table, what is the labor force participation rate? Catagory Less than 16 years old Full-time workers Full-time military Part-time workers A. 74.7% OB. 74.3% OC. 63.1% OD. 69.2% Institutionalized Looking for work Retired Number of people (millions) 40 135 1.2 20 14.8 11.5 41.5
Look at this graph of real wage index in England between 1260 and 1800. Consider also that, in the bubonic plague of 1348 and 1351, between one quarter and one third of Europe's population died. 800 700 Bubonic plague Statute of 600 Labourers s00 400 140 300 200 100 1260 1348 1800 2000 80 60 40 Peasants rebellion Kett's rebellion Glorious Revolution 20 1260 1320 1380 1440 1500 1560 1620 1680 1740 1800 Select one or more: a. According to the Malthusian model, the fall in the population due to the bubonic plague would have led to an increase in the average productivity of workers, causing the observed rise in the real wage post-plague. b. The doubling and halving of the real wage index over 250 years from around 1350 cannot be explained by the Malthusian model. c. The fall in the unskilled workers' share of total output in the 17th and 18th centuries was due to the fall in their average product of labour. d. In the Malthusian model, the rise in real wages from 1800 onwards, at the same…
the second picture is in continuation of the first. Because the full question was not visible in the first picture
EDUCATION 1. Write down the human capital earnings function (i.e., the Mincer equation). Make sure toclearly specify the meaning of each variable. 2. Why the estimates from the Mincer equation may not be interpreted as the causal effect ofeducation on earnings?
The news article states that "Canadian youth and students are getting hit hard by this pandemic." In May 2020 the number of unemployed 15-24 year-olds was 1,710,900 and the 15-24 year-old labour force was 2,420,800. What was the unemploy te of youth? ne employment rate was D A. 41.6 percent O B. 13.7 percent OC. 29.4 percent O D. 24.1 percent
The following graph shows the relationship between a worker’s years of education and the salary he or she is likely to earn. What is wrong with this graph? It doesn’t label the variables on the two axes. It gives no information about the units for the variables. It uses different scales on the two axes. It has no data.
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