In July 2009, in the economy of Sandy Island, 10,000 people were employed, 1,000 were unemployed, and 5,000 were not in the labor force. During August 2009, 80 people lost their jobs and didn’t look for new ones, 20 people quit their jobs and retired, 150 unemployed people were hired, 50 people quit the labor force, and 40 people entered the labor force to look for work. Calculate for July 2009   Calculate for July 2009: The unemployment rate.                                                                                                                                   The employment-to-population ratio. Calculate for end of August 2009:   The number of people employed.                                                                                                The number of people unemployed.

Bell-land's unemployment rate is 7.2%. The ruler of Bell-land ( a wonderful, wise middle-aged woman in a wheelchair) asks you whether this is a good rate and if it is an improvement? What is your answer? What are the issues that you need to think about before giving your answer? Explain your answer using the concepts learned in the module. Bell-land is not the same as the U.S.

The consumer price index for selected years is shown in the following table. Year CPI Year CPI 2017 245.168 2013 232.957 2016 240.008 2012 229.594 2015 237.017 2011 224.939 2014 236.736 2010 218.056 Suppose Lois's salary in 2010 was $52,000, $57,000 in 2014, and $65,000 in 2016. Using the values of the CPI from the table, find her salaries in constant 2015 dollars. (Round your answers to the nearest cent.) $52,000 2015 dollars $57,000 $65,000 2015 dollars 2015 dollars

Given the following table about the level of the consumer price index (CPI), perform calculations and show your work in the coming parts of the question.   Consumer Price Index Year Consumer Price Index 2015 139.5 2016 144.7 2017   2018 160.1 2019 168.1   Calculate the inflation rate in 2016. If the inflation rate was 6 percent in 2018, calculate the CPI in 2017.

Consider a fictional price index, the University Student Price Index (USPI), based on a typical university student's annual purchases. Suppose the following table shows information on the market basket for the USPI and the prices of each of the goods in 2016, 2017, and 2018. The cost of each item in the basket and the total cost of the basket are shown for 2016. Perform these same calculations for 2017 and 2018, and enter the results in the following table. 2016 2017 2018 Price (Dollars) Cost (Dollars) Price (Dollars) Cost (Dollars) Quantity in Basket Notebooks 10 3 30 3 Calculators 1 75 75 80 Large coffees 300 2 600 2 Energy drinks 75 2 150 4 Textbooks 8 90 720 110 Total cost 1,575 100 Price index Suppose the base year for this price index is 2016. In the last row of the table, calculate and enter the value of the USPI for the remaining years. Between 2016 and 2017, the USPI increased by %. Between 2017 and 2018, the USPI increased by % Which of the following, if true, would…

There are 100,000 people working full time, 25,000 people working part-time, and 30,000 people who are not working but who are searching for a job. There are 2,000 people who are not working and have given up trying to find for a job and 5,000 who are retired and do not work. What is the unemployment rate?

Consider an economy where the consumers buy widgets, cogs, and services. The CPI market basket consists of 195 widgets, 378 cogs, and 869 services.  We have the following prices for 2021 and 2022: Year Widget Cost Cogs Cost Services Cost 2021 119.84 57.04 25.75 2022 132.97 62.79 36.94 If the base year is 2022, what is the price index for 2021? Round your answer to two digits after the decimal.

Q4. Assess whether the following would be counted as unemployed or not unemployed in the Current Employment Statistics survey. Write next to the sentence if it’s: A. Not unemployed or B. Unemployed

A Consumer Expenditure Survey in Sparta shows that people buy only juice and cloth. In 2015, the year of the Consumer Expenditure Survey and also the reference base year, the average household spent $20 on juice and $12 on doth The price of juice in 2015 was $2 a bottle, and the price of doth was 54 a yard. In 2016, juice is $6 a bottle and cloth is $3 a yard Calculate the CPI in 2016 and the inflation rate between 2015 and 2016. The CPI in 2016 is >> Answer to 1 decimal place.

5.1 RTDA: Study Plan Problem 1 (algo) The Statistics Canada reported the data given in the table for February 2009. E Click the icon to view the table. Calculate the unemployment rate, the labour force participation rate, and the employment-to-population ratio. >>> Answer to 1 decimal place. The unemployment rate is percent. Data Table Item Labour force 18,315,200 Employment Working-age population 16,899,400 27,161,200 Print Done