Using the following data calculate: (i) The number of persons employed.  (ii) The number of persons unemployed.  (iii) The labour force.

Q: Table 3 Employed Unemployed Not in the Labor Force 95,000 people 5,000 people 80,000 people…

A: The labor force is the sum of the number of people employed and the number of people unemployed but…

Q: If the Federal Reserve lowers the reserve requirement, the money multiplier     will stay the…

A: In an economy, changes in reserves requirement of the commercial banks by the central bank will lead…

Q: how does Statistics Canada measures the actual unemployment rate for Canada for a given year.

A: The actual unemployment rate signifies the overall rate of fluctuations that occur around the…

Q: Unemployment and the Labor Force Suppose the civilian non-institutionalized working-age population…

A: Labor force refers to total number of people of working age which includes both  those are employed…

Q: i. Calculate the construction location quotient for Town Anywhere in 2015 ii. Calculate the…

A: The Location Quotient (LQ) is a statistical measure used to assess the relative concentration of a…

Q: Between 2001 and 2014, by how much did (A) the labor force change? (B) unemployment change? (C)…

A: Given:- Data for 2001 and 2014 To determine:- Labor force change, unemployment change and employment…

Q: For the following data calculate the unemployment rate (round your answer) Population  9 millio…

A: Unemployment rate is the percentage of labor force that is unemployed.

Q: Year Unemployment rate(%) 20XX   7.3 30XX   7.9 40XX   6.8 50XX   5.6 60XX   4.8 70XX   4.0 80XX…

A: The trend of the unemployment rate over the years from 20XX to 80XX can be explained as follows:

Q: The country of Bada has collected the following information:    Population (working age).…

A: Note: Since we have more than 4 questions to answer, as per the Bartleby policy we are restricted to…

Q: Population (working age). 240,000 Employed 180,000 Unemployed…

A: Labor force = Employed + Unemployed Labor force participation rate :  Labor force / Working age…

Q: Use the information below to answer the question Population 30 million People between ages 15 and 65…

A: Labor force (LF) = Full time employed + Part time employed + Unemployed = 9 + 1.5 + 1 = 11.5 million

Q: The country of Bada has collected the following information:    Population (working age).…

A: Employed: The person having a paid job. Unemployed: The person not having a paid job

Q: Suppose marginal propensity to consume (MPC) is between 0 and 1. This implies that saving will…

A: Job is important for people and businesses. Factors of production are important for business.…

Q: Unemployment and the Labor Force The table shows employment statistics for a fictional country. Use…

A: Employment is when people are employed in full-time or part-time roles, and are able to earn income…

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: People who are actively looking for a job and willing and able to work, are considered unemployed.…

Q: How is the unemployment rate measured? Question 2Answer a. The number of unemployed divided by the…

A: The objective of the question is to understand the correct method of calculating the unemployment…

Q: Level of Education Number of Economically Active People (in millions) Number of Unemployed People…

A: Unemployment rate: - it is the percentage of people out of the total labor force who are able and…