Tony has just graduated from college and has now applied for a full time position where he is currently working part-time. This causes the unemployment rate to ________ and the labor-force participation rate to ________. Group of answer choices increase; decrease increase; increase stay the same; stay the same increase; stay the same

Q: Suppose your income rises from $20,000 to $21,000 while the CPI rises from 150 to 180. Your standard…

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Q: Suppose the current unemployment rate is 5 percent, the labor force is 400 million people, and the…

A: The answer is d) 20 million people.Here's why: The unemployment rate represents the percentage of…

Q: A textile firm closes a plant in Massachusetts and transfers production to a plant in South…

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Q: The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in…

A:

Q: Study the associated figure. Adjusted for​ inflation, during which years during the period shown did…

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Q: If 2 million people are unemployed and 8 million people are employed, calculate the unemployment…

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Q: 4) Suppose the number of employed people in an economy is 6,532,451. The unemployment rate in this…

A: Labor force = unemployed + employed  Let's denote unemployed as X => Labor force = X + employed…

Q: 5) How many people are unemployed if the employment ratio is 75%, there are 90 million people-…

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Q: If the labor force of 160 million people is growing by 1.2 percent this year, how many new jobs have…

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Q: A worker in Arizona had previously been working 40 hours/week and earning $400/week. The worker…

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Q: Suppose the unemployment rate is 10% this month and there are 20 million officially unemployed…

A: Given Data:Unemployment rate this month = 10%Number of officially unemployed people this month = 20…

Q: In a given community, the unemployment rate is 5% and their working-age population is 4 Million.…

A: Unemployment rate = 5% Working age population =4000000 Labour force participation rate = 82% Labour…

Q: Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run,…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: FRONT PAGE Unemployment Rate Hits a 26-Year High The nation's unemployment rate climbed to 10.2…

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Q: When full employment is present in the United States: approximately 95 percent of the labor force…

A: There are four basic unemployment types studied by macroeconomists and labor economists. They are:…

Q: The BLS reported that in June​ 2019, the labor force was 163.0​ million, employment was 157.0​…

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Q: Chapter 20: Unemployment Page 656 20.2. What can we learn from the employment data? Based on recent…

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Q: If the number of unemployed stays the same and the number of people in the labor force declines

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A: Unemployment can be calculated as follows:

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A: Unemployed are those who falls in working age bracket, are able and willing to work at going wage…

Q: In a country with a working-age population of 20 million, 13 million are employed, 1.5 million are…

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Q: Suppose Damaris is a sports fan and buys only football tickets. Damaris deposits $2,000 into a…

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Q: An economy is currently at it's steady state. Their depreciation rate is 7.7% and their capital…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…