What is the relationship between NCO and NX

Cumulative Percentage of National Income 100 50 10 Country A 0 50 80 Figure 1 A7. 100 Percentage of the Population Refer to FIGURE 1. Calculate the Gini coefficient for country A.

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What role does the unemployment rate play in assessing a country's economic health?

fill 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 0.80

Will the rise of AV technologies create some jobs? What are possible AV-related new jobs?

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Real Wage Number of Workers Demanded Labor Force Participation Rate 60  120,000,000 30% 70  110,000,000 35% 80  100,000,000 40% 90  90,000,000 45% 100 80,000,000 50% 110  70,000,000 55% 120 60,000,000 60% 130 50,000,000 65% 140 40,000,000 70% 150 30,000,000 75% 160  20,000,000 80% 170    10,000,000 85% Ignore everything that happened in the previous questions. We know that supply of labor can increase either because of an increase in labor force participation rate or an increase in civilian population. We saw the effect of the former above. This question is about the latter. The table above shows some pieces of information about the labor market condition in a country. It shows the number of workers demanded in the country at different levels of real wage. It also shows the labor force participation rates at those real wage levels. For example, if the real wage is 60, only 30% of the civilian population will participate in the labor force. If the real wage is…

Family 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.)