ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- Category Total population Less than 16 years of age Over 65 years of age Institutionalized 15 Part-time workers 40 Full time workers 145 Actively looking for work 10 In the US Armed forces 20 The Labor force participation are is 95% 83.% 80% 93% a. b. C. Number of people (million) 305 d. 30 5arrow_forwardfill in the blank year population employed unemployed labor force unemp. Rate LFPR 1.0 300 1000 0.50 2.0 1800.00 800 0.70 3.0 1600.00 700 0.45 0.80arrow_forward2007. 2. The data below shows the number of births, deaths, emigration and immigration for a countly m 200 Births 10,000 Deaths 3,000 Emigration 4,000 Immigration 7,000 If the total population at the beginning of the year was 104,000, calculate the (a) total population at the end of the year. (b) percentage increase in population for the year. (c) birth rate. (d) death rate. (e) net migration. (f) natural growth rate. 9.arrow_forward
- Question 3 The table below gives some labor statistics (from the Bureau of Labor Statistics) for years 1995, 2000 and 2005. Use these data to answer the following questions. Express your answers in percentage terms to two places past the decimal. Variable 1995 2000 2005 Population 26,000,000 27,000,000 28,000,000 Adult population 18,000,000 19,000,000 20,500,000 Adult population able to work 17,900,000 18,800,000 20,000,000 Adult population able and wanting to work 15,700,000 16,500,000 18,000,000 Number employed 14,000,000 14,500,000 15,000,000 Number unemployed 1,000,000 1,500,000 2,500,000 a. Define labor force. For each year find the labor force b. Define the labor-force participation rate. Calculate it for each year c. Calculate the unemployment rate for each year.arrow_forwardNew ans and solve fast don't take much time or I don't ratearrow_forwardGive typing answer with explanation and conclusionarrow_forward
- Note: typed answer with 100℅arrow_forwardNote: typed answer with 100℅arrow_forwardFamily Flowers employs 17 people, of whom 14 earn gross pay of $640.00 each and 3 earn gross pay of $720.00 each on a weekly basis. What is the employer's share of total social security and Medicare taxes for the first quarter of the year? (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages.)arrow_forward
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