UNEMPLOYMENT RATE 2009-2018 18.00% 16.00% 14.00% 12.00% 10.00% Bahamas, 8.00% 6.00% India, 5. 4.00% 2.00% 0.00% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Year

Q: Suppose that the adult population is 6 million, the number of employed is 3.8 million, and the…

A: Unemployment rate refers to the fraction or percentage of unemployed workforce from the total labor…

Q: Suppose a country has a working-age population of 200 million, with 6.82 million unemployed and…

A: Unemployment rate refers the rate of the person who willing to work and have skills but dont have…

Q: The CPI is a measure of the overall cost of the goods and services bought by a typical consumer.…

A: Inflation refers to an increase in the general price level of goods and services in an economy over…

Q: Consider an economy made up of a 100 people, 50 of whom hold jobs, 10 of whom are looking for work…

A: The unemployment is a situation in which the people in the economy are willing to offer their labor…

Q: In 2019 Zanadu had a total population of 550 pcople. Out of that 550 pcople; 110 We 120 wcrc not in…

A: Total population = 550 Population under age of 16 = 110 Population not in the labor force = 120…

Q: The ABS reported that in September 2007,a cycle peak,the working-age population was 16,808,200 ,the…

A: The labour force participation rate is a measure of the proportion of a country's working age…

Q: In 2020, the all ages population of Canada was 37226847, out of which the population under 15 years…

A:

Q: norminal GDP                      real GDP 2000      13000                                   12900…

A: Formula:  GDP Deflator = (Nominal GDP / Real GDP) *100. Inflation rate = {(Present year GDP…

Q: country has a total population of 500 people. Of those, 50 are under the age of 16 or…

A: Unemployment rate is the percentage of labor force that is willing and looking for a job. Labor…

Q: In 2020, the all ages population of Canada was 36552939, out of which the population under 15 years…

A:

Q: Using the following data calculate: (i) The number of persons employed.  (ii) The number of…

A: AS per the guidelines, we can solve only the first 3 subparts of a question

Q: Suppose the total population between the ages of 15 and 74 in an economy is 5,000,000, the labor…

A: The unemployment rate of the economy is considered one of the main macroeconomic indicators of the…

Q: Using the following data calculate: (i) The number of persons employed.  (ii) The number of persons…

A: As per the guidelines, we can solve only the first 3 subparts of a question

Q: If given a set of data such as the following: 2015 2016 2017 6.22% 7.50% 9.32% where column one is…

A: Unemployment is the state who is not employed in the current situation. The unemployment rate is the…

Q: Nuku has an unemployment rate of 4.3%. There are 10,430 people who are working or have work. How…

A: "In economics unemployment means people who want to work and are actively seeking for jobs but…

Q: Suppose the revenue for a certain company for the years 2010–2014 is shown in the following table.…

A: The consumer price index (CPI) measures changes after some time in the general degree of prices of…

Q: In 2002, the price index was 162. In 2003, the price index was 182. The inflation rate between 2002…

A: In an economy, inflation takes place when the prices of goods and services increases. Inflation can…

Q: Based on each of the following descriptions of an individual, answer whether they would be…

A: A person who is above the minimum age criteria is considered as the labor force. While the person…

Q: Suppose that there are 210 adults in a small town. 120 have jobs, 2 are in jail, 8 have given up…

A: In an economy, among the adult population, not all the individuals are counted in the labor force…

Q: Suppose an economy has 10,000 people who are not working but looking and available for work and…

A: Given:- Unemployed people(people who are not working)=10,000 People employed(or working)=90,000 To…

Q: The following table shows the UK consumer prices index for the years 2013-16 based on 2014=100. Year…

A: Inflation refers to the increase in the general price level from one year to another. It is measured…

Q: In a given community, the unemployment rate is 3.1% and their working-age population is 1.2 Million.…

A: The unemployment rate indicates the fraction of the total labor force that is unemployed. The labor…

Q: Suppose that the number of non-institutional civilian (working age) population is 150 million. Of…

A: We are going to use a labor force definition to answer this question

Q: A criticism of the unemployment rate is that: underemployment is measured in its calculation. O the…

A: The rate of unemployment is the percentage(%) of the labor force(LF) that is jobless. It generally…

Q: Assume the following information for a country: total population of 35 million; working-age…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: If 175 workers are unemployed for a period of 1 month, 87 for a period of 6 months, and 54 for a…

A: Unemployment spells linked with frictional unemployment are often short, whereas those related with…

Q: Suppose the Bureau of Labor Statistics interviews 196,700 people in its monthly survey; 94,500 are…

A: Here, given information is: Total population in survey: 196,700 Not in labor force: 94,500…

Q: if the CPI was 106 in 2013 and 116 in 2014 what was the inflation rate  % in 2014?

A: CPI is computed using fixed basket of goods. the inflation rate can be calculated by using the…

Q: If the population is 300 million, with 70 million under the age of 16 and institutionalized, another…

A: Unemployment refers to the situation where a person who does not have a job but is actively looking…

Q: Describe in detail the household survey of unemployment and, in the context of the survey, explain…

A: Unemployment rate indicates the proportion of labor force who are willing to work at the existing…

Q: In 2020, the all ages population of Canada was 38092817, out of which the population under 15 years…

A: Introduction The labour force participation rate is a measure of how active a worker is in a given…

Q: 25. Which of the following is the formula for calculating the unemployment rate? a. (Number of…

A: Labor force = employed+unemployed

Q: The population of Tavua is 24,214 people. There are 15,716 people who are currently working, and 941…

A:

Q: If the Consumers Price Index in March 2016 was 1,125 and it was 1,154 in March 2017, this indicates…

A: Inflation rate is calculated by the percentage change in CPI.

Q: Nuku has an unemployment rate of 12%. There are 10,307 people who are working or have work. How many…

A: The working class contains those took part in manual-labor occupations or industrial work, who are…

Q: , and its inflation premium is at 2.60%. What is its CPI for the last period (CPI,t

A: CPI is measured using fixed basket of goods.

Q: The unemployment rate dropped to 6.6 per cent in January 2022, which is lower than the pre-pandemic…

A: The expanded definition of unemployment refers to a situation when people are not looking for any…

Q: What is the “rate of unemployment”, what components does it consists of, and how is it calculated?…

A: Answer - Rate of unemployment :- It is the rate which help us calculate the percentage of people who…

Q: A small city has the following characteristics: Population (15+): 440000 Labour Force Participation…

A: The labor force participation rate indicates the fraction of the working-age population in the labor…

Q: For the country of Zembla, its CPI in 2018 was 144.51 and in 2019 was 145.54. What was the rate of…

A: here we calculate the rate of inflation by using the given information so the calculation of the…

Q: The CPI differs from the GDP deflator in that the CPI O always indicates a higher rate of inflation…

A: The inflation refers to an increase in the general price level over time. There are several…

Q: 2015, average hourly earnings were $15.35. By 2019, the had risen to $19.33. In the same period the…

A: CPI is measured using fixed basket of goods.

Q: (a) Department of Statistics of Malaysia has collected the following data for year 2020 and 2021:…

A: Labor force is the sum of people who are unemployed and people who are employed.

Q: If the Nominal GDP is 120 and the real GDP is 100 find the level of price index

A: Generally in the given question Nominal GDP is given as = 120 Real GDP is given as = 100 We need to…

Q: Suppose the value of a price index is 50 in 2015 and 60 in 2016. What is the rate of inflation from…

A: The rate of inflation can be calculated by dividing the difference between current inflation and…

Q: The price index in year 2 is 110 and the price index in year 3 is 115. The rate of inflation between…

A: A consumer price index is a price index, the price of a weighted average market basket of consumer…