This question refers to the information (below)which assumes that the economy of CountryA has the following individuals in thesecategories (assume no overlap acrosscategories):** Number of people out of work, who areactively seeking a job: 60** Number of people who are retired: 40** Number of people who areinstitutionalized: 25** Number of people who are employed witha full-time job: 630** Number of people who are employed witha part-time job: 140** Number of people who are part of thecategory disguised unemployment: 80** Number of people who are part of thecategory discouraged workers: 90** Number of people who are collegestudents with no job and not seeking a job:110What is this economy's current (official)unemployment rate?a.7.8%b.18.2%c. 15.4%d.6.6%e.none of the above

Unemployment rate=unemployed peopleLabor Force×100Labor Force=Unemployed People+Employed People…

Answered: This question refers to the information…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Suppose that you are given the following information: Total Population Adult, noninstitutionalized, nonmilitary population Unemployed adults 300 million 214 million 5 million a. If the labor force participation rate is 75.0%, calculate the size of the labor force: 160.5 million (Enter your response rounded to one decimal place.) b. Determine the number of Employed adults: million. (Enter your response rounded to one decimal place)
The following table shows the labor market data for the U.S. working age population for 2022. The data are from the Bureau of Labor Statistics (I have made slight modifications to some of the numbers in order to get nice ratios). Civilian non-institutional population Civilian labor force Men 25 to 54 Years old 63,122,000 55,900,843 Women 25 to 54 Years old 64,039,000 48,934,000 Here is the issue. In the United States childcare services are very expensive: about $10,000 to $15,000 per child per year, depending on the state. This means that a low-income family with two kids and an annual income of, say $40,000, has to pay 50% to 75% of its income to childcare. Many women who cannot afford such expensive childcare services have to stay home to take care of their kids. This is one reason (but not the only one) that keeps women out of the labor force. For the sake of this exercise let's assume that high childcare costs are the only reasons for low women's participation…
The Population Survey in Blogsville for the past month is given in the table. In Blogsville last month, how many people were in the labor force and how many people were in the working-age population? In Blogsville last month, million people were in the labour force and were in the working-age population OA 72, 76 OB. 76:90 OC. 83,987 OD. 76: 109 million people Question facts 1.61 million people had full-time jobs 2.11 million people had part-time jobs 3.4 million people were without work but were available for work and had made specific efforts to find a job within the past four weeks or were waiting to be recalled from a layoff or had a new job to start within the next four weeks 4.3 million part-time workers were looking for full-time jobs 5.22 million people of working age did not have jobs and did not want jobs
The following table contains unemployment statistics from 2013 for three different countries: Australia, the Netherlands, and France. (Source: “International Labor Comparisons.”Bureau of Labor Statistics) Fill in the table using the given data. Country Working-Age (Civilian Not in Civilian Employed Unemployed Unemployment Non-institutionalized) the Labor Force Labor Force (Thousands) (Thousands) Rate Population (Thousands) (Thousands) (Percent) (Thousands) Australia 18,332 6,196 12,136 11,501 635 Netherlands 13,629 4,796 8,364 469 France 22,411 25,547 2,824
Use the table below to answer the following question. \table[[Category, \table[[Number of], [people], [( millions)]]],[Institutionalized, 14], [Full - time workers, 103], [Less than 16 years of age,40], [Armed forces (non - civilian), 20], [Part-time workers,27], [Population, 314], [Looking for work, 14]] What is the unemployment rate for this economy based on the data provided? % Use the table below to answer the following question. Category Institutionalized Full-time workers Less than 16 years of age Armed forces (non-civilian) Part-time workers Population Looking for work Ć What is the unemployment rate for this economy based on the data provided? Number of people (millions) 14 103 40 20 27 314 14
Suppose the populstion is 300 million people. Of these 70 million people are classified as not surveyed 80 million people as not in the labor force and 144 million as employed. What would be the unemployment rate in this example.
The table below presents actual household data collected by the BLS for September 2018 and September 2019 ( It is attached) Please show me how you got the answer. Use the information in the table above to compute the numerical values for the following categories, for Sept. 18 and Sept. 19 ( Make sure to also Provide the equation or formula you used to calculate each category) Sept. 2019 Sept. 2020 Population Labor force Participation rate Employment-population ratio Unemployment rate
The following table contains unemployment statistics from 2013 for three different countries: Canada, the United Kingdom (UK), and Italy. (Source: “International Labor Comparisons.”Bureau of Labor Statistics) Fill in the table using the given data. Country Working-Age (Civilian Not in Civilian Employed Unemployed Unemployment Non-institutionalized) the Labor Force Labor Force (Thousands) (Thousands) Rate Population (Thousands) (Thousands) (Percent) (Thousands) Canada 27,922 9,306 18,616 17,445 1,171 UK 50,473 18,487 29,439 2,547 Italy 26,365 22,620 2,744
The table below presents a brief summary of City A’s total spending, local GDP, and population changes. Read the table and answer the following questions. 2010 2020 Total spending ($ million) 89 104.12 Local GDP ($ millions) 110 134 Population 50,000 56,275 CPI deflators (2012=1) 0.96 1.05 Calculate per capita spending in 2010 and 2020, respectively, using constant dollars. *Results round to the nearest dollar. 2010 per capita spending: 2020 per capita spending: 2. Calculate the compound annual growth rate of per capita spending from 2010 to 2020 3. Calculate spending-to-GDP ratios in 2010 and 2020, respectively. *Results round to the nearest 2 decimal places. 2010 spending-to-GDP ratio: 2020 spending-to-GDP ratio: Interpret what the two spending-to-GDP ratios tell us about City A’s spending trend. 4. Assuming City A’s population grows at a constant rate in the next decade.…
There are 300 individuals in Latvaria. Of these, 75 are younger than 16, 5 are in prison, and 20 are in the hospital (there is no armed forces in Latvaria). There are 110 employed individuals and 10 unemployed individuals. What is the LFPR, expressed as a percentage (DO NOT INCLUDE THE PERCENT SIGN IN YOUR ANSWER. ROUND YOUR ANSWER TO THE NEAREST WHOLE NUMBER)?
Category Number of Persons Part Time Employees 30 million People Looking for Work in the last 4 weeks and Have not Worked in the Last Week 9.2 million Full Time Employees 101 million Retirees 15.8 million Full Time Students 13 million Workers that haven't looked because they are marginally attached 4.9 million Workers that haven't looked because they are discouraged 4.1 million Assume the table above includes the population of all individuals age 16 or older in this country. What is the labor force participation rate (as a percentage, but omit the % sign, rounded to the nearest tenth)? Note:- Please give me proper calculation with correct answer otherwise i give downvote Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

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