Suppose you live in a community of 5,000 people where everyone wants to work and seeks employment. If 4,000 people are over 16 years old and 3,000 of them are employed, what is the unemployment rate in this community?

Q: A country has 50 million people, 30 million of whom are adult noninstitutionalized civilians. Of the…

A: Discouraged workers refer to those workers who have hove hooked up looking got work. So they are not…

Q: Suppose the labor force participation rate is 60% and adult age population is 150 million calculate…

A: The labor force participation rate is calculated by the ratio of the labor force and the total…

Q: Q14. The labor force was 25 million, working age population was 45 million, the number of people…

A: The economics as a study is based upon the idea that the resources which the economies have with…

Q: Table 22.3 Employed Unemployed Not in the Labor Force 95,000 people 5,000 people 80,000 people Refer…

A: Formula: Unemployment rate = unemployed people / labor force *100

Q: The economy has part time workers of 20 million people, and full time workers of 140 million people.…

A: The unemployment rate is the percentage of people  in the labour force who are unemployed.  As a…

Q: The image shows information about the employment structure in two countries. Suggest THREE reasons…

A: In economics, employment is described as the state of an individual being employed. It is the…

Q: Suppose Jose earned a 4.8% bonus at work at the start of 2019, but inflation was 2.4% over 2019.…

A: Nominal wage bonus received by the person = 4.8% Inflation rate = 2.4%

Q: Suppose the labor force participation rate is 60% and adult age population is 100 million calculate…

A: Labor force participation rate = 60% Adult age population = 100 million calculate labour force?

Q: Total population Population aged 0-14 Population aged 65+ Labour force Number of unemployed persons…

A: The objective of the question is to calculate the employment to working-age population rate. This…

Q: What are the various impacts of this unemployment to workers and companies?

A: A) UNEMPLOYMENT AMONG VARIOUS GROUPS OF WORKERS:- Unemployement rates are incomplete indicators of…

Q: Ellena's pension was $10 per period in 2033. What amount of money in the base year would give her…

A: Interpretation of Price Indices: Rs 100 in 2033 hold the same purchasing power as Rs. 90 in 2031.…

Q: Briefly explain what do you mean by full employment

A: In an economy, we have two broad concept of full employment and involuntary unemployment.

Q: ose 550 people were surveyed and of those 550, 450 were working full time. of the 100 ot working, 20…

A: It is part of the population that is able and willing to work.

Q: n June 2009 the BLS reported an adu employment of 141.6 million. Based o Select one: a. 141.6/154.…

A: * SOLUTION :-  The OPTION D ( 154/ 234.9) is correct answer.

Q: Suppose the labor force participation rate is 40% and adult age population is 100 million calculate…

A: Given,  Labor force participation rate LFPR = 40% or 0.4  Adult age population = 100 million

Q: пypothe ite in Year Real GDP Potontal GDP Natural Unenployment Rate(5) Actual Unemployment 2012…

A: Okun's law => Y - Y*/Y* × 100  => -2(U - U* ) Here, Y = Real GDP Y* = Potential GDP U = Actual…

Q: Give 4 possible reasons of the correlation between immigration and decreased of unemployment rates?

A: Immigration refers to the inflow of workers into the country. It aggravates the population of the…

Q: Suppose employment is 139 million and out-of-labour force is 50 million. Also, each month an average…

A: To find the average number of unemployed people per month, we need to first find the average inflow…

Q: In Country X he population 100 people, of which 50 are working, 10 ae looking for wok Sare too young…

A: Given:  Population = 100 people Employed = 50 People who are looking for work = 10 Younger People…

Q: Year hely earnings 2014 #24.46 2015 25.01 2016 25.67 Refer to the diagram above. If you were…

A: CPI measures the overall change in prices for the consumer based on a representative basket of goods…

Q: In early 2020, the US labor-force was approximately 164.5M workers. By April 2020, the official…

A: The unemployment rate is the number of people who are currently unemployed. It is a reactive result,…

Q: Instructions: Round your answers for the working-age population, labor force, employed, and…

A: It can be defined as a method or tool that helps to calculate how much individuals in a nation are…

Q: which type of unemployment reflects the situation above? Define this unemployment.

A: 1) The type of unemployment stated here is cyclical unemployment.

Q: er of unemployed workers is 20 million, the number in the adult population is 500 million, and the…

A: Unemployment Rate = 8% and this means 8% is equal to 20 million where workforce is 100% which is…

Q: In 1969, President Nixon earned a salary of $200,000. The CPI in 1969 was 36.7. In 1980, President…

A: The annual inflationary rate and the index of consumer prices, or CPI, are both key economic…

Q: In a given community, the unemployment rate is 3.1% and their working-age population is 1.2 Million.…

A: The unemployment rate indicates the fraction of the total labor force that is unemployed. The labor…

Q: Suppose, iln an Economy there are 500 adult people (15-65 age bracket). Out of them 315 are employed…

A: The term “labour force” is defined as that part of the population which is actively searching for…

Q: Table 22.4 Labor force participation rate Total population 16 years of age and okder 200 million…

A: Unemployment rate is the percentage of unemployed individuals in an economy.

Q: Labor Fore ? ? Not in Labor Force Unemployment Rate Labor Force Participation Rate ? ? ? ? ? ? ? ? ?

A: Unemployment is the situation of people being unable to find a way of earning livelihood. It…

Q: Explain the current Canadian unemployment rate in economic terms. No COVID-19 INCLUDED!!!

A: The term unemployment refers to a situation in which people would be ready to work and actively look…

Q: c. Unemployment Rate d. Labor Force Participation Rate

A: Civilan non-institutionalized working age population is that portion of the total population who are…

Q: 5. Ontario's total population is equal to 97,098. You also have access to the following information:…

A: We have unemployment = labor force - employmed

Q: Please answer a, b and c. The table below shows the responses to a survey which asked whether a…

A: The unemployment rate refers to the fraction of the labor force that is unemployed. The labor force…

Q: B) ee Both transaction and pre cau tionary demand for money depend on the level of income. Dis cuss…

A: A person or a company earns money in exchange for labor, giving a product or service, or investing…

Q: unemployment

A: Frictional unemployment is one where the person is looking for job and it includes the time spent in…

Q: What are the various impacts of this unemployment to workers and comp ai ne s

A: The individual and social expenses of unemployment incorporate extreme monetary difficulty and…

Q: Year Employed Unemployed Labor Unemployment Workers Workers Force Rate 2016 194 200 3.0% 2017 228 12…

A: We will answer only question 4 here.

Q: Number of Workers Demanded 60 120,000,000 110,000,000 100,000,000 90,000,000 100 80,000,000 110…

A: The workers and employers interact or employers hire workers in a place called the labour market.…

Q: esc 15 The table below shows information on the adult population of a small country. Employment…

A: To calculate the unemployment rate, we need to find the number of unemployed individuals actively…