Suppose 20 million people are employed, and 5 million are unemployed. What is the unemployment rate? Does that number change if we also state that there are an additional 30 million people who are not in the civilian labor force?

Q: 9. Suppose that the natural rate of unemployment is 5.7 percent. If unemployment has for some time…

A: The natural rate of unemployment is related to two  full employment and potential real GDP in a…

Q: Why could the employment rate be a more useful statistic than the unemployment rate? Explain in your…

A: Macroeconomics is the branch of social science that studies the behavior associated degree…

Q: 12 - If the unemployed people actively looking for work in an economy are 2,000,000, what is the…

A: Number of workers=18,000,000  Unemployed people=2,000,000

Q: 11. What is the inflation rate between 2014 and 2015? 12. What is the inflation rate between 2015…

A: Disclaimer: Since you have asked multipart questions, we will solve the first three questions for…

Q: 2. The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in…

A: Answer -  Given in the question -  Total population over 15 years =  20.8 million Total  no. of…

Q: 10. Suppose economists have found current job separation rate (s) and job finding rate () in the US…

A: * SOLUTION :-    (5) Given that ,    The job seperation rate (s) = 5% = 0.05 The job finding rate…

Q: hat is unemployment? How to measure unemployment?How can the adult population be classified? What…

A: Unemployment occurs when a person who is actively seeking employment is unable to find work.…

Q: 6 - Which of the following can affect the natural rate of unemployment in an economy over time? I.…

A: Unemployment occurs when people in the people force who are able and willing to work are unable to…

Q: 9. Structural unemployment is sometimes said to result from a mismatch between the job skills that…

A: We will answer the first three subparts only. Please resubmit the question with any other parts…

Q: Question 15 Kurt B. is searching for a job that suits his tastes about where to live. Autumn E. is…

A: Frictional unemployment is the unemployment that is generally for the short period while structural…

Q: Which one of the following will increase the officially reported level of unemployment?     The…

A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…

Q: 7. Refer to Figure 28-1. What type of unemployment is measured by the differences between lines A…

A: Unemployment manifests a scenario where an individual is willing to work but unable to get a desired…

Q: 12) The unemployment rate is calculated as follows: O A. Unemployment Rate = Number of Unemployed…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 7. Suppose that the unemployment rate in a country decreases from 5% to 4%. Has the employment and…

A: In economic terms, employment refers to the condition of having or being employed.If someone must be…

Q: 16. What is Inflation? O When there is too much money for items available, the value of the dollar…

A: The impact inflation has on the time value of money is that it decreases the value of a dollar over…

Q: 3. Suppose the economy has a natural rate of unemployment of 5%.

A: answer     Therefore the rate of unemployment is 5% The natural state of unemployment is 5%

Q: If the unemployed people actively looking for work in an economy are 2,000,000, what is the…

A: Given Information Number of Unemployed = 2,000,000Number of Employed = 18,000,000 Total Labour Force…

Q: What is the name of unemployment that occurs in certain periods in the economy?    a) frictional…

A: Labor force includes employed as well as unemployed workers in the economy.

Q: What does an increase in the natural rate of unemployment imply about each of the three types of…

A: When an individual is capable of working and is looking for a job but is unable to find a suitable…

Q: 7. Suppose that people expect inflation to equal 3%, but in fact, prices rise by 5%. Describe how…

A: Inflation is defined as the rate at which prices rise over time. Inflation is usually defined as a…

Q: 15. What is unemployment? Explain various types of unemployment.

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: 2. Assume the following data for a country: total population, 500; population under 16 years of age…

A: Answer 3: Note: According to Okun's law if unemployment rises by 1% then the GDP will fall by 2%.…

Q: 7. Frictional unemployment and the natural rate of unemployment also seem to depend on the age…

A: Answer- Frictional unemployment:- It is the time which is taken by the an individual in between…

Q: What is it called when the economy is deprived of the production and the gain of this factor if the…

A: What is it called when the economy is deprived of the production and the gain of this factor if the…

Q: 1. a. Suppose the adult population over the age of 16 is 138 million and the labor force is 103…

A: Here, given information is, Adult population: 138 million Labor force: 103 million Employed: 95…

Q: What kind of indicator is the rate of unemployment? Explain your answe

A: A condition in an economy where a maximum percentage of the people are staying home having no jobs…

Q: Assume you are told there are 3,000,000 in a country's labor force, 5,000,000 in the population, and…

A: Labor force= employed+unemployed Unemployed = 3,000,000-2,820,000 = 180,000

Q: 5. The table below shows the price index in the economy at the end of four different years. (a) What…

A: Inflation rate is the measurement of an increase in the price level over the concerned years and how…

Q: 3. The towns of Sawyer and Thatcher each have a labor force of 1,200 people. In Sawyer, 100 people…

A: "Unemployment occurs in an economy if people are not working or without work but actively seeking…

Q: If 1 million people are unemployed and 9 million people are employed what is the unemployment rate?…

A: People who are working or have a job are considered employed and people who are actively looking for…

Q: Discuss the fully the relative strength and weakness of the unemployment rate and the employment /…

A: Health of the labor market: There are two main constituents that determine the health of the labor…

Q: 1)What is the GDP to debt ratio in USA and how has it changed in the last half century? How has CPI…

A: The Debt - to - value quantitative relation is that the metric scrutiny a country's debt to its…

Q: 6. "You might as well say that the unemployment rate would be zero if everyone just quit looking for…

A: Answer -

Q: The natural rate of unemployment in an economy is estimated at 3%. The current unemployment rate is…

A: The economy operates at natural rate of unemployment when there is no cyclical unemployment, that is…

Q: 13 - Which of the following types of unemployment occurs in countries whose GNP is largely based on…

A: Frictional unemployment : Frictional unemployment is a type of unemployment that arises when workers…

Q: State an example of one thing that will cause the unemployment to rise, but not the natural rate of…

A: The natural unemployment rate is the rate of unemployment that would exist in a healthy, growing…

Q: What is unemployment? How to measure unemployment?

A: Unemployment: - unemployment is that portion of the labor force that is able to do work and looking…

Q: 21. Typically unemployment .during an expansion and .during a recession O a. Rises; falls. O b.…

A: 2) Typical unemployment would fall during expansion. This is because during expansion, the demand…

Q: 1) What is unemployment? How to measure unemployment? How can adult population be classified? What…

A: Unemployment To be unemployed is to be unable to find work despite making concerted efforts to do…

Q: 10. Explain how an increase in the wage rate could result in unemployment.

A: Unemployment:- Unemployment refers to the individuals who are good enough to work and are trying to…

Q: 3. a. Provide a definition for the natural rate of unemployment. How is your definition related to…

A: Policy makers seek to maneuver policies in such way so that economy might move towards the natural…

Q: 3. How does government managed inflation in the Philippines?

A: "Since you have asked multiple question, we will solve the first question for you. If you want any…