b) Repeat the exercise undertaken in 4(a), but this time for those aged 18–24.   Male Female Total In employment (000s) 1 826 1 700   ILO unemployed (000s) 234     Total economically active (000s)   1 873   Percentage unemployed (%)     10.3                 (c)    Calculate the percentage point differences for the first quarter of 2018 in the following:                  (i)    The overall (aged 16 and over) male and female unemployment rate (ii)      18–24 and overall male unemployment rates   iii)            18–24 and overall female unemployment rates   (iv)       18–24 and overall total unemployment rates

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
  1. b) Repeat the exercise undertaken in 4(a), but this time for those aged 18–24.

 

Male

Female

Total

In employment (000s)

1 826

1 700

 

ILO unemployed (000s)

234

 

 

Total economically active (000s)

 

1 873

 

Percentage unemployed (%)

 

 

10.3

       

        (c)    Calculate the percentage point differences for the first quarter of 2018 in the following:

                 (i)    The overall (aged 16 and over) male and female unemployment rate

(ii)      18–24 and overall male unemployment rates

 

iii)            18–24 and overall female unemployment rates

 

(iv)       18–24 and overall total unemployment rates

Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Multiplicative Exponential demand Model
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education