Date:TheunemploymentRepublic is 7.23%, The number of people inthe labour force i 9 183, 286 persons. use Chiscurrent rate in Bananain formationto findthe following.calculatethe number of people unemployed.working age poplu lation is recorded198,296 people. colculate the labour forceparticipation rate.O Theascalcu late the labour forceDiana currently Strugles to find a job as aaccountant. This is becauseshepracticingbeento date with the relevanthasnotuptechnologies currently used in the accountingIs Diana frictionally unemployed,cyclically unemployed?Strucurally unemploged orExplain your ans wer,

(1) unemployment rate = (unemployed people / labor force) => 7.23% = (unemployed people /…

The current unemployment rate in Banana Republic is 7.23%, The number of people labour force is 183, 286 personns. use the following. in the this in formation to find O calculate the number of people unemployed.

The current unemployment rate in Banana Republic is 7.23%, The number of people labour force is 183, 286 personns. use the following. in the this in formation to find O calculate the number of people unemployed.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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