If the total population of a country is 300 million, the unemployment rate is 5% and the participation rate is 65%, the working age population is: O 105.0 million O 195.0 million O 285.0 millio
Q: 6. For classical decomposition, which moving average order produces smoother trend? A. MA 2 B. MA 3…
A: Answer - "Thank you for submitting the questions, But, we are authorized to solve one question…
Q: Question 44 A weakening in consumer confidence causes a O movement down along the aggregate demand…
A: Answer to the question is as follows:
Q: What can nonstore retailers offer their customers that in-store retailers cannot?
A: Non-store retailers are those retailers that sell their products or services outside a retail store,…
Q: Q6. How does fiscal policy affect the economy?
A: Answer: Fiscal policy: fiscal policy refers to the policy of government in which the government…
Q: ccording to Budget 2022-23, the Australian government is planning to “Building the skilled workforce…
A: Answer -
Q: The table below shows the total population, GDP per capita at current prices and according to fixed…
A:
Q: In these neighborhoods, Sale price of Comparable 1,2,3 are worth about $1,250,000; $1,800,000 and…
A: The selling price of a product or the service refers to the ultimate price set by the seller, i.e.,…
Q: In the balance of payments, capital and financial account inflows might lead to future current…
A: Capital and financial account inflow refers to the situation when a country is getting more foreign…
Q: Using the information on the graph below, choose the answer that best represents what happens to…
A: Weather radio are used to know the information about the weather outside.
Q: the technology for producing a good enables one firm to meet the entire market demand at a lower…
A: 7) In a perfect competition market structure, there are a large number of buyers and sellers. So…
Q: P=-40a +50 P = 40, +10 A tax of 8JD is imposed on every unit sold Answer the question in accordance…
A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: Besides geometric series, in what other ways can the money supply be automatically increased or…
A: Money supply refers to the amount of money flowing in the economy.
Q: In the balance of payments, capital and financial account inflows might lead to future current…
A: When talking about an open economy, this economy maintains a balance of payment account to record…
Q: In the game shown above, list all of the Nash Equilibrium (please check ALL that apply)
A: The strategic interplay of economic agents is modeled using game theory. One of the most important…
Q: If the growth rate of real GDP is 1%, the rate of inflation is 5%, and the grow supply is 6%, then,…
A: Quantity theory of money states the relationship between money supply, velocity, price level and…
Q: 5) A town just passed a new policy that allows its residents to graze cows freely. What problem…
A: 5) If inhabitants are given free unrestricted access, the marginal private cost will be the cost of…
Q: The Southern Guru Copper Company operates a large mine in a South American country. A legislator in…
A: All the Cash Flow Values are in Million Year Cash Flow 0 -1.5 1 0.9 2 3.5 3 3.9 4 8.6…
Q: (a) Why might European Monetary System (EMS) provisions for the extension of central bank credits…
A: Ans.(a): Each economy has its own central bank which looks after the governance and functioning of…
Q: Subject: Manegerial economics & policy Mcq's 14) A petroleum industry is an example of…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: A maintenance contract is $5,000 per year for 10 years. Assuming 9% annual interest, calculate the…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Two individuals are in negotiations to terminate a contract. Person A, was the signatory to the…
A: Given information A contract is worth buying=R1000 2 partners=A and B Person A is signing authority…
Q: Q2. The production function is y = LK¹ and (p = $10,w = $20,r = $15). (1) Show whether the…
A: Optimal input bundle is where Marginal product of labor (MPL) / Marginal product of capital (MPK) =…
Q: Activity 2: My Production! Directions: Below is the production schedule for Output X with variable…
A: Total Product may be defined as the total volume or quantity of final product generated by a company…
Q: Charlies's lawn-mowing service is a profit-maximizing.competitive firm. Bob mous lawns for $27 each.…
A: In perfect competition market firms are price taker . They have to accept the price determined by…
Q: an asphalt road requires no repair for three years but starting on the 3rd year P94,745 will be…
A: Repair Cost starting from 3 years which goes on for 5 years = 94745 Beyond this , Monthly repair…
Q: Consider the ASAD model of a closed economy with zero ongoing inflation in the medium run. The…
A: Aggregate supply refers to the cumulative quantity of a firm's production and selling, or the real…
Q: Due to an increase in the price of a competitor's product, the demand for a firm's product increases…
A: Marginal cost mirrors the additional cost of assembling one extra thing. Accordingly, it…
Q: tivity 3: Effects of Government Policies Directions: Identify the appropriate government policy…
A: "In macro-economics there are two types of policies: Fiscal Policy and Monetary Policy. Fiscal…
Q: Suppose that the church offers free tuition to Inanda Seminary High School students with a "B"…
A: The production means inputs are used in such a manner that the output is produced. The output is the…
Q: a) Derive the central bank's preferred inflation rate and explain. b) The result in a) reads as πt =…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Consider the ASAD model of a closed economy with zero ongoing inflation and workers misperceptions.…
A: Shocks occur when the AD or SRAS curves shift. Unexpected changes in the economy will cause the…
Q: In Exhibit 7-15, diseconomies of scale are shown in the range of O a. 500 to 1,000 units per week.…
A: Diseconomies of scale surface when a firm or company increases so extensively that the costs per…
Q: In general, the pay level of medical doctors is higher than that of janitors. How can the difference…
A: Labor markets run on the supply and demand of labors. In economics,labor market plays an important…
Q: Consider the model of competitive insurance discussed in lectures (Topic 6.7). Peter is a risk…
A: In a competitive insurance market the fair premium price is equal to the expected value of the loss…
Q: 1. When someone moves money from a saving account to a demand deposit, the size of M1 will: a.…
A: M1 cash supply incorporates those monies that are extremely fluid like money, checkable (request)…
Q: consumer has set a budget of $600 for the consumption of good X and Y. The price of Good X is $20,…
A: Equilibrium condition: MUx/MUy = Px/Py
Q: According to the rational choice theory, economic agents are rational and self-interested. Based on…
A: Rational choice theory directs to a group of procedures that support understanding social behavior…
Q: Suppose your preferences can characterized by the simple utility function U = √C, where C is…
A: Given Utility wealth function: U=C where C is consumption. Chance of getting injured (p)= 0.1…
Q: Suppose the inverse demand for a particular good is given by P = 1200 – 12Q. Furthermore, th are…
A: Stackelberg duopoly model is the competition between two firm such that one of them is a…
Q: The money base in an economy is 200bn. The public holds a quarter of it in cash, and the reserve…
A: Money supply is the circulation of the money in the economy , it is depends upon the reserve…
Q: Calculate real GDP for year 2. (note: use Year 1 as the base year) Price of wine Quantity of wine…
A: Real GDP measures the value of goods and services that are measured at base year prices. It is…
Q: Year Price of Hot Dogs Quantity of Hot Dogs Price of Hamburgers Quantity of Hamburgers 2018 $1 100…
A: "GDP represents the market value of all the final commodities and services produced in an economy at…
Q: Let's explore the relationship between Marginal Product and Marginal Cost. Specifically, we have…
A: Answer: The following formulas will be used to calculate marginal product (MP) and marginal cost…
Q: Brett started a new construction business in April 2020. In connection with the new business, he…
A: Brett's construction company launched in April 2020.In June 2020, he bought a new backhoe for…
Q: Q1/ If you have the following demand function: Px=2 100 = Y, answer the following P=8 1- The value…
A: "Income elasticity of demand show the responsiveness of quantity demanded of a commodity with…
Q: Businesses can use globalization to their advantage by O creating trade barriers to other countries.…
A: Globalisation refers to the trade between two or more countries.
Q: 14 Calculate the term of each annuity: Future Value Present Value Size of Payment a. So $8,500 $675…
A: Introduction. Annuity A series of fixed income in an equal time interval is called an annuity.
Q: For a nominal GDP of 33,000 and GDP deflator of 110, calculate real GDP. A.) 30,000 B.)…
A: Real GDP is nominal GDP which is adjusted for inflation. It measures the value of final goods and…
Q: compare fiscal and monetary policy in order the generate macroeconomic stability.(use graphs) IS-LM,…
A: IS-LM model The IS-LM model is the graphical representation of the economy which may show the…
Q: What is photo sharing?
A: Meaning of Competitive Marketing: The term market refers to the situation under which the…
If the total population of a country is 300 million, the
participation rate is 65%, the working age population is:
O 105.0 million
O 195.0 million
O 285.0 millio
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Assume a country has a total population of 58 million, of which 70 per cent are part of the working-age population. 23.7 million working-age people are not looking for a job, and 13.6 million are employed. What are the labour force participation rate (LFPR) and the unemployment rate (u)? O a. LFPR = 59.4%; u = 19.5% Ob. LFPR 41.6%:u-19.5% OC.LFPR = 41.6%; u = 32.8% O d. LFPR = 59.4%; u = 32.8%estion 8 Table 20-15 Nominal Average Hourly Earnings $10 Year CPI 2014 1.00 2015 10 1.05 2016 12 1.10 Refer to Table 20-15. Looking at the table above, the nominal average hourly earnings that you should have in 2016 in order to achieve the same purchasing power as in 2014 are O $10.90. O $11. O $12. O $13.20.YEAR Adult Population Number of employed Number of unemployed O 11% O 2% O 15% 2010 O 8% 2,000 1,400 200 Table 1 Labor Data for Country A 2011 3,000 1,300 600 2012 Refer to the above table. The unemployment rate in 2012 was: 4,000 1,600 200
- Consider an economy with 500 people in the labor force. At the beginning of every month, 5 people losetheir jobs and remain unemployed for exactly one month; one month later, they find new jobs andbecome employed. In addition, on January 1 of each year, 20 people lose their jobs and remainunemployed for six months before finding new jobs. Finally, on July 1 of each year, 20 people lose theirjobs and remain unemployed for 6 months before finding new jobs.1. What is the unemployment rate in this economy in a typical month?2. What fraction of unemployment spells lasts for one month? What fraction lasts for six months?3. What is the average duration of completed spell of unemployment?4. On a particular date, what fraction of the unemployed are suffering a long spell (six months) ofunemployment? plz solve part 4 ? Thanks.Table 6.2 Year CPI 1 150 154 152 4 156 160 Refer to Table 6.2. If a worker earned $40,000 years ago when the CPI was 140, what is the minimum salary he must earn in year 2 to "more than keep up with inflation"? O $44,000.00 O $43,428.57 O $42,857.14 O $44,571.43 3.Galaxy, a multinational corporation, has two plants, one in the United States and the other inMexico, and it cannot change the size of the plants or the amount of capital equipment in theshort run. The wage in Mexico is equivalent to US $5 per hour. The wage in the U.S. is $25 perhour. Given current employment situation, the productivity per worker in Mexico is 200 units perhour, and the productivity per worker in the U.S. is 400 units per hour.Is Galaxy maximizing output relative to its labor cost? If not, what should Galaxy do
- Total population Population aged 0-14 Population aged 65+ Labour force Number of unemployed persons In this table, we define the working-age population as those aged 15-64. What is the employment to working-age population rate? 89.4% 87.9% 88.1% O 92.2% 520 million 56 million 62 million 390 million 36 million Ⓒ92.4%docs.google.com a 4. A country has a total adult population of 10 million, and of these 210 thousand are currently out of work and actively searching for new employment. A further 2.9 million are not working because they are retired, institutionalized, or simply choose not to work. Finally a total of 10o0 thousand citizens are currently enlisted with the military, what is the current unemployment rate? * 2.1% 3% 4.5% O 2.9% 5. Suppoco vOur fathor oarnod a ooloru O OOBetween January 2012 and January 2019,U.S. employment increased by 17.3 million workers,but the number of unemployed workers declined byonly 6.3 million. How are these numbers consistentwith each other? Why might one expect a reductionin the number of people counted as unemployed tobe smaller than the increase in the number of peopleemployed?
- Total Population Civilian Population Employed Unemployed 300,000 250,000 127,500 22,500 The above table shows some labor market data for a country. Potential GDP in this country is Yp = 100,000, natural rate of unemployment is 5 percent. Okun's alpha has been estimated to be a = 2. What is the real GDP in this country? O 80000.00 O 85000.00 O 90000.00 110,000.00 O 120,000.00Country A has a total population of 2.5m and 1.8m are 15+ year-olds. The unemployed population is 0.2m and the employed population is 1.5m. What is the unemployment rate in Country A? 13.33% 11.76% O 11.11% 8%Suppose the existing labor force inside the country is 1,000,000 persons, of whom 900,000 are employed and 100,000 unemployed. Suddenly 100,000 overseas workers are thrown out of their jobs overseas and must return home. Of these, 95,000 become employed while 5,000 have difficulty finding jobs and are unemployed. As a result of this development, the unemployment rate of the country__from____to___ O a. rises; 11 percent; 11.6 percent O b. falls; 10 percent; 9.5 percent O c. rises; 10 percent; 11 percent O d. falls; 11 percent; 10 percent