Economics (7th Edition) (What's New in Economics)
Economics (7th Edition) (What's New in Economics)
7th Edition
ISBN: 9780134738321
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 20, Problem 20.1.12PA
To determine

Reason for an increase in the employment-population ratio without change in the labor force participation rate.

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what kind of relationship is between GDP and unemployment
The table below presents actual household data collected by the BLS for September 2018 and September 2019 ( It is attached) Please show me how you got the answer.     Use the information in the table above to compute the numerical values for the following categories, for Sept. 18 and Sept. 19 ( Make sure to also Provide the equation or formula you used to calculate each category)   Sept. 2019 Sept. 2020 Population     Labor force     Participation rate     Employment-population ratio     Unemployment rate
You can use a calculator to answer this question - an actual calculator or the calculator on your phone. Either is fine. Assume that U.S. population is 328 million people 70 million individuals are legally classified as unable to work (are less than 16 years of age, institutionalized, or in the military) 96 million who could be working are classified as uninterested working 7 million are classified as unemployed Given this information, what is the employment to population ratio? State your answer as a percentage (type in the percentage symbol), and round to one decimal place, i.e. xx.x%

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Economics (7th Edition) (What's New in Economics)

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