Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the below table. Year 2015 2016 2017 2018 2019 2020 Total Total Basic Nonbasic Population Employment Employment Employment 50,000 53,000 57,000 65,000 70,000 ? 25,000 26,500 28,500 32,500 35,000 ? 6,250 6,625 7,125 8,125 8,750 9,000* 18,750 19,875 21,375 24,375 26,250 ? *Estimated from surveys. Required: The contract states that PPP must project Popular's population for the year 2020 using an economic base analysis. The ratio of population to total employment is 2.0833. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Your help is needed! Total population using economic base analysis Total employment using economic base analysis Year 2020

Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the below table. Year 2015 2016 2017 2018 2019 2020 Total Total Basic Nonbasic Population Employment Employment Employment 50,000 53,000 57,000 65,000 70,000 ? 25,000 26,500 28,500 32,500 35,000 ? 6,250 6,625 7,125 8,125 8,750 9,000* 18,750 19,875 21,375 24,375 26,250 ? *Estimated from surveys. Required: The contract states that PPP must project Popular's population for the year 2020 using an economic base analysis. The ratio of population to total employment is 2.0833. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Your help is needed! Total population using economic base analysis Total employment using economic base analysis Year 2020

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular,…

A: The expected or forecasted population for a certain future year is referred to as the projected…

Q: Between 2001 and 2014, by how much did (A) the labor force change? (B) unemployment change? (C)…

A: Given:- Data for 2001 and 2014 To determine:- Labor force change, unemployment change and employment…

Q: Calculate the number of people in labor force, if the population is 100, among that 60 people have…

A: Labor force=employed+unemployed =60+10+15=85

Q: Total population using economic base analysis Total employment using economic base analysis Total…

A: The expected or forecasted population for a certain future year is referred to as the projected…

Q: Assume that RGL per capita in NZ typically grows at about 3.8% p.a.. Discuss the differences in RGDP…

A: The boom and bust cycle is a cyclical mechanism of economic growth and contraction. During a boom,…

Q: In 2019 Zanadu had a total population of 550 pcoplc. Out of that 550 pcople; 110 werc under the age…

A: Unemployment rate is the percentage of labor force which is looking for a job and able to work.

Q: Population 400 300 able to work unemployment 3% participation rate 65% find Unemployed and…

A: The total population is 400 300 able to work. It means the working-age population is 300 ---------…

Q: C I G NX…

A: From year 1 to year 3, the growth rate of Real GDP is negative which implies a fall in the Real GDP…

Q: Proprietors Income $ 35 Compensation of Employees Consumption of Fixed Capital Gross Investment 315…

A: The Net Domestic Product (NDP) is the total value of all final goods and services produced within a…

Q: Baghiben

A: Economic Base Analysis: This is the go-to method among economic development specialists across the…

Q: Perfect Population Projections Incorporated (PPP) has entered into a contract with the city of…

A: Projected popular population refers to the estimated or forecasted population of the city of…

Q: 9 Suppose the input-output structure of Country X looks like this: Input-output table of Country X…

A: The input-output matrix highlights the economic outing of various national or regional accounting…

Q: how do i get urbanization (% population)

A: Urbanization refers to the process of increasing the proportion of a country's population that lives…

Q: If National income is $3250 million and NDPFC is $2500 million Find net factor income from abroad

A: According to the above mentioned question, the values are:- National Income = $3250 million NDPFC =…

Q: All of the following are producers of external secondary data EXCEPT 1. government 2. trade…

A: Approach to solving the question: Detailed explanation:Libraries primarily serve as repositories for…

Q: 1) What is the national Unemployment rate?

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: How does your trade area compare to the Toronto average for those with a post secondary education…

A: In the ranking variable in Canada it is the trading area that has grown in the demand of the adults…

Question

Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future
population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the below table.
Year
2015
2016
2017
2018
2019
2020
Total
Total
Basic
Nonbasic
Population Employment Employment Employment
50,000
53,000
57,000
65,000
70,000
?
25,000
26,500
28,500
32,500
35,000
?
6,250
6,625
7,125
8,125
8,750
9,000*
18,750
19,875
21,375
24,375
26,250
?
*Estimated from surveys.
Required:
The contract states that PPP must project Popular's population for the year 2020 using an economic base analysis. The ratio of
population to total employment is 2.0833. (Do not round intermediate calculations. Round your final answers to the nearest whole
number.)
Your help is needed!
Total population using economic base analysis
Total employment using economic base analysis
Total Nonbasic employment using economic base analysis
Year 2020

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Define projected popular population

VIEW

Step 2: Compute the total employment

VIEW

Step 3: Calculate the projected population

VIEW

Step 4: Calculate the non basic employment

VIEW

Solution

VIEW

Step by step

Solved in 5 steps with 3 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

The following table shows UK labour market data for the first quarter of 2018 (all aged 16 and over, seasonally adjusted). Fill in the blank parts of the table. Male Female Total In employment (000s) 17 128 15 215 ILO unemployed (000s) 756 Total economically active (000s) 15 884 Percentage unemployed (%) 4.2
Question 4 Assume there are only 6 counties in a country, and there are only three industries (beer, bread and shirts) that employ people. The employment numbers are given in the Table below: Employment Beer Employment Bread Employment Shirts 200 County 1 County 2 County 3 County 4 County 5 County 6 4 45 10 6 12 120 10 10 60 10 16 10 20 12 2 60 12 Calculate the ELQS for the following county and industry combinations: (a) Beer in County 2 (b) Bread and County 6 (c) Shirts and County 2
Hand written solutions are strictly prohibited
The populations of Abu Dhabi (National, Non-National, and Total) and UAE are shown in the following table Year Abu Dhabi UAE Nationals Non-nationals Total 1980 89880 361,056 1985 114090 430,054 1990 185944 556,389 1995 218716 719,836 2000 282,396 846,267 2005 343237 1,049,207 1,016,789 1,350,433 1,811,457 2,350,192 3,050, 127 4,481,976 What are the average annual population growth rates in Abu Dhabi (National Non-National, Total) and in the UAE during 1980-1985, 1985-1990, 1990-1995, 1995-2000 and 2000-2005? Only give the answer for the underlined groups.
Category Total population Less than 16 years of age Over 65 years of age Institutionalized 15 Part-time workers 40 Full time workers 145 Actively looking for work 10 In the US Armed forces 20 The Labor force participation are is 95% 83.% 80% 93% a. b. C. Number of people (million) 305 d. 30 5
fill in the blank year population employed unemployed labor force unemp. Rate LFPR 1.0 300 1000 0.50 2.0 1800.00 800 0.70 3.0 1600.00 700 0.45 0.80
2007. 2. The data below shows the number of births, deaths, emigration and immigration for a countly m 200 Births 10,000 Deaths 3,000 Emigration 4,000 Immigration 7,000 If the total population at the beginning of the year was 104,000, calculate the (a) total population at the end of the year. (b) percentage increase in population for the year. (c) birth rate. (d) death rate. (e) net migration. (f) natural growth rate. 9.
The United States GDP has been increasing over the decades but the share for workers of the GDP has decreased. Who is getting the bigger slice of the pie every year if it is not the workers? Is this a bad thing? Is this due to technology replacing workers?
quarter and years Quarter1 2015 Quarter2 Quarter3|Quarter4 Quarter1 Quarter2 Quarter3 Quarter4 Quarter1 Quarter2 Quarter3 Quarter4 2015 Unit 2015 2015 2016 2016 2016 2016 2017 2017 2017 Description $ million Data Category and Component 2017 27.748 27.938 31.873 30.435 26.157 25.806 29.337 27.748 27.938 31.873 30.435 Agriculture $ milion 32.141 29.598 28.073 31.514 33.489 33.727 32.686 32.141 29.598 28.073 31.514 Mining and Quarrying Manufacturing $ milion 70.892 74.946 76.020 77.940 73.899 77.680 79.324 70.892 74.946 76.020 77.940 $ milion 7.522 7.977 8.095 8.116 7.903 8.318 8.621 8.641 8.315 8.738 9.115 9.208 Blectricity, Gas and Water $ million 16.659 16.041 17.179 16.673 17.655 16.971 18.166 16.659 16.041 17.179 16.673 Construction Wholesale and Retal Trade, Accommodation and Restaurants $ mion 51.264 51.984 56.305 60.687 55.180 56.232 60.976 65.920 60.720 62.578 67.437 72.322 Transport, Storage and Communication $ milion 25.163 25.772 26.539 26.887 27.287 28.059 28.593 29.026…
Spending by households (public) is counted in the consumption category of gross domestic product, but there is one kind of household spending that is included in the investment category instead. Which type of household spending is recorded as investment towards a country's gross domestic product? O The purchase of government bonds The purchase of new cars The purchase of new homes The purchase of college tuition The purchase of home computers Next • Previous quizze/24237/take/questions/282628
Question attached
Note: typed answer with 100℅