Suppose you are given the following information about a country: What is the total unemployment rate for this country?% (Enter your response as a percentage rounded to two decimal places.) Frictional unemployment rate Seasonal unemployment rate Cyclical unemployment rate Structural unemployment rate 2.05% 0% 2.22% 4.67%

Suppose the economy of Questville has an adult (over age 16) population of 100 million, with a labor force participation rate of 90% and 77 million employed people. Calculate the number of unemployed:

Consider an economy with 50 people unemployed and 900 employed. Its finding rate is 70% and its separation rate is 10%. What is the current unemployment rate? 50. How many people loose/leave a job in period 1? 51. 52. How many people find a job in period 1? 53. 54. What is the natural rate of unemployment? 55. 56. 57. Is this economy currently in an expansion or recession? How do you know? 58. 59.

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 population of Tavua is 24,214 people. There are 15,716 people who are currently working, and 941 people who qualify as unemployed. What is Tavua's unemployment rate? Put your answer in percentage form (e.g. 30.51 not 0.3051) and then round to two decimal places.

Explain two reasons why it might be difficult at times to determine the exact rate of unemployment in a country

Ellen is downloading labor market data for the most recent month, but her connection is slow.  So far this is all she has been able to collect: Unemployment rate     6%     Participation rate      62.5%    Not in the labor force   63.5 million Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.Instructions: Enter your responses rounded to one decimal place.Labor force:       millionWorking-age population:      millionNumber of employed workers:        millionNumber of unemployed workers:        million

no handwritten notes

A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest of the adult population is out of the labor force. What’s the unemployment rate? What share of population is in the labor force? (Show your work in your answer.)

What is the unemployment rate in an economy where the entire adult population can be categorized as follows: • 32 million people employed • 2 million people unemployed • 1 million discouraged workers, and • 1 million people who are either students, homemakers, retirees, or other people not seeking employment. 6.3% 5.6% 5.9% 4.8%