er of unemployed workers is 20 million, the number in the adult population is 500 million, and the unemployment rate is 8%, what is the labor fe

Q: Describe the costs unemployment

A: Unemployment can have significant individual costs, affecting those who are without a job. These…

Q: During a certain period the consumer price index went up from 150 to 250 and the salary of a worker…

A: Given :  Consumer Price Index of base year = $150 Consumer Price Index of current year = $250 Salary…

Q: A country has 50 million people, 30 million of whom are adult noninstitutionalized civilians. Of the…

A: Discouraged workers refer to those workers who have hove hooked up looking got work. So they are not…

Q: what is the main difference between employment and unemployment?

A: Introduction: Employment is the state of having a job or regular work that provides a salary or…

Q: is 60% and adult age

A: Given : Labor force participation rate = 60% Adult age population = 200 million To find : Labor…

Q: Suppose the labor force participation rate is 60% and adult age population is 100 million calculate…

A: Labor force participation rate = 60% Adult age population = 100 million calculate labour force?

Q: Please calculate the labor participation rate and the unemployment rate for the following two…

A: The labor force participation rate (LFPR) is the percentage of the population that is currently…

Q: Question 7 If peaple who have been looking for wark give up actively looking for work, ceteris pa…

A: If people who have been looking for work give up actively looking for work then such people  become…

Q: How is the producer price index calculated?

A: The producer price index is the measure of the average prices that are received by the producers of…

Q: Refer to the information provided in Table 22.3 below to answer the question(s) that follow Table…

A: Labor force= employed + unemployed 90000+5000 95000

Q: 1. Calculate Real wage and comment who has the higher real wage salary Salary Year Mariam Jude 7500…

A: In simple words we can say that the real wages are known to be as that wages which are adjusted for…

Q: Suppose the labor force participation rate is 75% and adult age population is 200 million calculate…

A: The Labor force participation rate is 75%Adult age Population is 200 million

Q: What is labor force a- the total; of employment divided by the total nimber of unemployment b- the…

A: Unemployment is a macroeconomic problem that occurs when people who are willing and are able to get…

Q: What is the labor force?

A: Labor: It is one of the elements used in production.

Q: The population of Ectenia is 100 people:40 work full-time, 20 work half­ time but would prefer to…

A: Unemployment is referred to as when an individual is actively searching for employment but is unable…

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: Asurvey of 200,000 people finds 76,300 "employed," 6,640"unemployed," and the remaining 117,060 "not…

A: Employed: Those people who are working. Unemployed: Those people who are willing able to work but…

Q: A person in the civilian labor force falls into one of two categories O a self-employed worker or a…

A: Answer   Option b    unemployed or employed.

Q: Suppose the labor force participation rate is 70% and adult age population is 150 million calculate…

A: labor force participation rate = 70% = 0.7 Adult age population = 150 million Labor force…

Q: what is the meaning of inflation

A: Production costs are the costs incurred during the manufacturing of products and services for…

Q: Suppose the labor force participation rate is 40% and adult age population is 100 million calculate…

A: Given,  Labor force participation rate LFPR = 40% or 0.4  Adult age population = 100 million

Q: The labor force participation rate shows the percentage of the labor force that has a job. labor…

A: Below is the formula to find the Labor force participation rate:Labor force participation rate=Labor…

Q: what are the proposed solutions to reduce unemployment

A: When job-seeking employees are unable to obtain employment, unemployment results. While…

Q: Calculate unemployment rate if adult population of the nation is 900 people of which 550 people are…

A: Unemployment rate = Number of unemployed workerLabor force×100where Labor force = Employed person +…

Q: If total population of a country is 60000 people and 35000 people are in the Labour force and 32000…

A: Given: The total population of a country is = 60,000 The people who are in the labor force =…

Q: There is still unemployment rate of 3% even though the economy is at full employment. This is…

A: Full employment refers to an economic situation in which all available labour resources are used as…

Q: Briefly explain discuss the different types of unemployment and the different methods used to…

A: Unemployment: Unemployment refers to an economic situation in which people are capable, willing, and…

Q: Suppose, iln an Economy there are 500 adult people (15-65 age bracket). Out of them 315 are employed…

A: The term “labour force” is defined as that part of the population which is actively searching for…

Q: Which of the following is an example of an unemployed person? O. A recent college graduate who has…

A: An unemployed person is one who is actively looking for work at the ongoing wage rate but is not…

Q: Suppose you live iw a community of 100 people where everyowe is able and seeks to wetrk. I6 75…

A: Unemployment Rate = Total Unemployed / Total Labor Force * 100 Labor Force Participation Rate =…

Q: How does an increase in the minimum wage affect the economy. Period Minimum Wage Rate…

A: The minimum wage rate is the government determined minimum wage which the employer must provide to…

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…