Question
In: Economics
Suppose that you are given the following information. Answer the following question: Labor force 200 million...
Suppose that you are given the following information. Answer the following question:
| Labor force | 200 million |
| Adults in the military | 1 million |
| Population below 16 | 50 million |
| Employed adults | 180 million |
| Institutionalized adults | 3 million |
| Not in Labor force | 40 million |
1. What is the total population? ( show your work)
2. How many people are unemployed, and what is the unemployment rate?
3. what is the labor force participation rate?
Solutions
Rahul Sunny answered 1 year agoRelated Solutions
Suppose there are 100 million people in the labor force of which 6 million are unemployed....
Suppose there are 100 million people in the labor force of which
6 million are unemployed. During the next month, 200,000 people
lose their jobs and 300,000 find jobs. The new total number of
employed people is ____.
A.
100.3 million
B.
94.1 million
C.
94.3 million
D.
100.1 million
Suppose the labor force and unemployment rate in 2001 are given in the following table. What...
Suppose the labor force and unemployment rate in 2001 are given
in the following table. What is the slope coefficient estimate
b of the regression of the unemployment rate as a function
of the labor force?
Country
Labor Force
Unemployment
United States
122
5.5
Canada
13
7.8
Britain
28
8.6
Germany
29
6.1
Question 8 options:
A)
–0.20.
B)
–0.020.
C)
–0.0020.
D)
–2.0.
E)
0.020.
Use the table below to answer the following questions: Labor Force of an Economy Labor Force...
Use the table below to answer the following questions:
Labor Force of an Economy
Labor Force
Number of People (millions)
Employed
157.3
Structurally unemployed
5.2
Cyclically unemployed
5.3
Frictionally unemployed
2.9
Instructions: Round your answers to two decimal
places.
a. Calculate the actual unemployment rate and the natural rate
of unemployment for this economy.
Actual rate of unemployment:
7.85% Correct
Natural rate of unemployment:
4.75% Correct
b. Now assume that cyclical unemployment decreases by 1.7
million while structural unemployment increases...
Answer the following question in a short answer of 150-+200 words; provide comprehensive information and examples...
Answer the following question in a short answer of 150-+200
words; provide comprehensive information and examples if
applicable, to support your answer. Identify key financial
statements and their components, and explain the primary use of
each type of financial statement.
Answer the following question in a short answer of 150-200 words; provide comprehensive information and examples...
Answer the following question in a short answer of 150-200
words; provide comprehensive information and examples if
applicable, to support your answer. What is the Sarbanes-Oxley Act?
Discuss the impact of the Sarbanes-Oxley Act on accounting
practices.
Answer the following question in a short answer of 150-200 words; provide comprehensive information and examples...
Answer the following question in a short answer of 150-200
words; provide comprehensive information and examples if applicable
to support your answer. Briefly describe the components of a
business plan.
Answer the next question on the basis of the information given in the following table. &
Answer the next question on the basis of the information given
in the following
table.
2 points
Employment
Total Product
Product Price
0
0
$3
1
12
3
2
22
3
3
30
3
4
36
3
5
40
3
6
42
3
If the firm is hiring workers under purely competitive
conditions at a wage rate of $22, it will employ
Question 14 Suppose you are given the following information for the Legends of Clash Co. Debt:...
Question 14
Suppose you are given the following information for the Legends
of Clash Co.
Debt: 18,000 bonds outstanding, with a face
value of $1,000. The bonds currently trade at 112.5% of par value,
and have 15 years to maturity. The coupon rate equals 4%, and the
bonds make semi-annual coupon payments.
Common stock: 925,000 shares of common stock
outstanding; currently trading for $56 per share. Beta equals
1.45.
Preferred stock: 150,000 shares of preferred
stock outstanding; currently trading for...
Given the following information: Total Population ………………………………………………………………400,000,000 Non – Adult Population ………………………………………………………80,000,000 Labor Force Participation Rate...
Given the following information:
Total Population ………………………………………………………………400,000,000
Non – Adult Population ………………………………………………………80,000,000
Labor Force Participation Rate ………………………………………………..80%
Employed …………………………………………………………………….. 240,000,000
(a) Please calculate the Adult Population and
the labor Force. Please show all calculations for full
credit
(b) What is the unemployment rate?
(c) If the cyclical unemployment rate is 3%, what is
the natural rate of unemployment rate?
1. A. Assume that the total population is 200, the size of the labor force is...
1. A. Assume that the total population
is 200, the size of the labor force is 100, the amount of people
employed is 90, and the amount of people unemployed is 10.
Calculate the unemployment rate?
B. In general, approximately what is
the lowest unemployment rate that can reasonably expected and
why?
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- What do you believe happens during the final scene of the story between the brothers at....
- A 5.171 g sample of a solid, weak, monoprotic acid is used to make a 100.0...
- 1. Creep is one of deformation that occurred in concrete structure. Give one example that can...
- Why does a particular codon represent only one specific amino acid?
- Write a function template sort that takes two references to generic objects and switches them if...
- What 2 things happen to the melting point of a solid when an impurity is present?
- How Can Hominin Evolution be characterized as " mosaic evolution" Use examples of species from the...
ADVERTISEMENT