ou are given the following information for a country: population of working age 6 million; labour force 4 million; and employed 3.5 million. Based on this information, which of the following is correct? a. There are 2.5 million unemployed in this country. b. The unemployment rate is approximately 8%. c. The employment rate is approximately 88%. d. The participation rate is approximately 67%.

Q: Which of the following is most likely to lead to shorter durations of being unemployed? Select one:…

A: Unemployment: Unemployment is an economic situation where the person looking for a job is greater…

Q: Table below provide the data of labour force, employment and working age population Labour Force…

A: Unemployment rate = [Unemployed / Labor force] * 100Labor force participation rate = [Labor force /…

Q: Unemployment in Iran (example, unemployment rate, types of unemployment, etc.)

A: Unemployment rate in Iran in 2019 is 11.99% of the total labor force.

Q: Question Suppose the following data describes a nation's population. Year 1 | 200 million Year2…

A: The labor force consists of people within the working-age group (18-65) who are currently employed…

Q: Question 3 The table below gives some data on the population of Crescent Highland. Use the provided…

A: Labor force: The labor force consists of the number of people who are employed plus unemployed…

Q: Under which of the following conditions will the unemployment rate rise? Select one: a.When the…

A: The proportion of unemployed people in the labour force is known as the unemployment rate. As a…

Q: Full employment: O a. will always include some unemployment. O b. exists when everyone in the labor…

A: The employment is the total amount of people who are in the labor force and are engaged in full time…

Q: Who of the following people are officially unemployed? a) alex, a doctor who retired after turning…

A: Miller has not been looking for job,thereforehe is officially unemployed.

Q: The population of Ectenia is 100 people:40 work full-time, 20 work half­ time but would prefer to…

A: Unemployment is referred to as when an individual is actively searching for employment but is unable…

Q: Use the information below to answer the question Population 30 million People between ages 15 and 65…

A: Labor force (LF) = Full time employed + Part time employed + Unemployed = 9 + 1.5 + 1 = 11.5 million

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: Select one or more: a. The unemployment rate is (unemployed/labour force) x 100. b. The…

A: Introduction  Unemployment refers to a situation in which people are willing and able to do work at…

Q: 1. You are given the following information for a country: Participation rate = 75%, Unemployment…

A: The unemployment rate as the name suggests is the rate at which unemployment is measured in the…

Q: Who are generally counted in the labour force of a country

A: While it is an established fact that capital and resources are integral to the growth and…

Q: Question 1 – Below are some hypothetical statistics for a country in September 2020. Compute the…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

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: When someone loses job due to robots replacing them, this is known as unemployment 1.technological…

A: A person is considered to be unemployed when he is able and willing to work but is unable to find…

Q: Q1: Consider the following labor statistics for adult population (age 16 and older) in Oman…

A: Solution - Part "1" Answer - Given in the question - Employed  = 130 million Unemployed  = 9 million…

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

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

Q: 1. Labor Force A. When the labor force is seeking employment but cannot find it B. The total number…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: If both the job creation rate and the labour force growth rate are positive then Select one: a.the…

A: When certain workers are unable to find employment in the economy despite actively hunting for it at…

Q: Within a country - the number of potential workers is 230 million, the participation rate is 64% and…

A: Number of potential workers (adult population): 230 million Participation rate: 64% Number of…

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.