This table shows the 2013 data for males and females aged 15 and over in the country ofBolivar.Not in the Labour ForceMale45 millionFemale35 millionUnemployedMale5 millionFemale5 millionEmployedMaleFemale65 million85 milliona.What is the adult population in Bolivar?b. What is the adult unemployment rate in Bolivar?c. What is the adult labour-force participation rate in Bolivar?d. If the natural rate of adult unemployment rate is 4.5%, what type of unemployment isBolivar is more likely to experience? Explain.

Answer 1. The correct answer is 240 million Total unemployment is 10 million. Total employment is is…

This table shows the 2013 data for males and females aged 15 and over in the country of Bolivar. Not in the Labour Force Unemployed Male 5 million Employed Male Male Female Female Female 65 million 45 million 35 million 5 million 85 million What is the adult population in Bolivar? b. What is the adult unemployment rate in Bolivar? c. What is the adult labour-force participation rate in Bolivar?

This table shows the 2013 data for males and females aged 15 and over in the country of Bolivar. Not in the Labour Force Unemployed Male 5 million Employed Male Male Female Female Female 65 million 45 million 35 million 5 million 85 million What is the adult population in Bolivar? b. What is the adult unemployment rate in Bolivar? c. What is the adult labour-force participation rate in Bolivar?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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