Using the information displayed on the table below (numbers are in thousands), calculate the variables W, X, Y and Z. Clearly provide your workings and solution below. Australia-snapshot Employed Unemployed Labor force Not in labor force Working age population Participation rate Aug-23 14,108 X Y W Z 67.0% Employment-population ratio 64.5%

Using the information displayed on the table below (numbers are in thousands), calculate the variables W, X, Y and Z. Clearly provide your workings and solution below. Australia-snapshot Employed Unemployed Labor force Not in labor force Working age population Participation rate Aug-23 14,108 X Y W Z 67.0% Employment-population ratio 64.5%

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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