Question 3 The table below gives some data on the population of Crescent Highland. Use the provided information to fill the table. YEARS 1 2 3 4 5 6 7 Population: 16 Years Older or Over (Millions) Labour Force (Millions) Employed (Millions) Unemployed (Millions) Labour Force Participation Rate Unemployment Rate Employment Rate 2000 105.0 58.9 3.3 2005 117.2 65.8 3.9 2010 137.1 78.7 4.1 2015 167.7 99.3 7.6 2020 189.2 118.8 7.0 2025 212.6 136.9 5.7 2030 232.8 139.1 14.8 2035 247.9 146.3 9.6 Note: Show the formula you used to calculate each column.
Question 3 The table below gives some data on the population of Crescent Highland. Use the provided information to fill the table. YEARS 1 2 3 4 5 6 7 Population: 16 Years Older or Over (Millions) Labour Force (Millions) Employed (Millions) Unemployed (Millions) Labour Force Participation Rate Unemployment Rate Employment Rate 2000 105.0 58.9 3.3 2005 117.2 65.8 3.9 2010 137.1 78.7 4.1 2015 167.7 99.3 7.6 2020 189.2 118.8 7.0 2025 212.6 136.9 5.7 2030 232.8 139.1 14.8 2035 247.9 146.3 9.6 Note: Show the formula you used to calculate each column.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question 3
The table below gives some data on the population of Crescent Highland. Use the provided information to fill the table.
YEARS |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
Population: 16 Years Older or Over (Millions) |
Labour Force (Millions) |
Employed (Millions) |
Unemployed (Millions) |
Labour Force Participation Rate |
|
Employment Rate |
|
2000 |
105.0 |
58.9 |
3.3 |
||||
2005 |
117.2 |
65.8 |
3.9 |
||||
2010 |
137.1 |
78.7 |
4.1 |
||||
2015 |
167.7 |
99.3 |
7.6 |
||||
2020 |
189.2 |
118.8 |
7.0 |
||||
2025 |
212.6 |
136.9 |
5.7 |
||||
2030 |
232.8 |
139.1 |
14.8 |
||||
2035 |
247.9 |
146.3 |
9.6 |
Note: Show the formula you used to calculate each column.
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