Question 2. In a given year, Ottawa has a total population of around 1 million. Suppose that 70 percent of the total population are adults. Assume that 20 percent of the adult population is not looking for a job and 70 percent of the adult population is employed. Compute the following: a. The size of Labour force b. Labour-force participation rate c. Unemployment rate

Q: A nation has a population of 260 million people. Of these, 60 million are retired, in the military,…

A: Given:- Total population=260 million People retire/under 16 years=60 million Employed=188 million…

Q: A country has a population of 160 million. Out of this population, the number of retired people is…

A: Note: Since you have posted a question with multiple subparts, we will solve the first three…

Q: 6. A nation has a population of 260 million people. Of these, 60 million are retired, in the…

A: Here we calculate the Unemployment rate by using the given information so the calculation of the…

Q: Use the data below that describes a nation’s population to answer the following questions: a) How…

A: Labour force includes unemployed and employed people . Unemployment means people are actively…

Q: In the country of Economica, the total labor force consists of 5,000 workers. 250 of these workers…

A: The labor force that is also known as the presently active population, is made up of all those who…

Q: Given the data below: Total adult population over the age of 16 249.9 million Employed 148.3…

A: Labor force is the sum of those who are either working or looking for work.  The formula for labor…

Q: Macroeco Assign

A: Question 4: a. How does the U.S. government officially measure employment and unemployment in the…