MACROECONOMICS FOR TODAY
10th Edition
ISBN: 9781337613057
Author: Tucker
Publisher: CENGAGE L
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Chapter 6, Problem 18SQ
To determine
The incorrect example of lagging indicator.
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Chapter 6 Solutions
MACROECONOMICS FOR TODAY
Ch. 6.4 - Prob. 1YTECh. 6.4 - Prob. 2YTECh. 6.4 - Prob. 3YTECh. 6.5 - Prob. 1YTECh. 6 - Prob. 1SQPCh. 6 - Prob. 2SQPCh. 6 - Prob. 3SQPCh. 6 - Prob. 4SQPCh. 6 - Prob. 5SQPCh. 6 - Prob. 6SQP
Ch. 6 - Prob. 7SQPCh. 6 - Prob. 8SQPCh. 6 - Prob. 9SQPCh. 6 - Prob. 10SQPCh. 6 - Prob. 11SQPCh. 6 - Prob. 1SQCh. 6 - Prob. 2SQCh. 6 - Prob. 3SQCh. 6 - Prob. 4SQCh. 6 - Prob. 5SQCh. 6 - Prob. 6SQCh. 6 - Prob. 7SQCh. 6 - Prob. 8SQCh. 6 - Prob. 9SQCh. 6 - Prob. 10SQCh. 6 - Prob. 11SQCh. 6 - Prob. 12SQCh. 6 - Prob. 13SQCh. 6 - Prob. 14SQCh. 6 - Prob. 15SQCh. 6 - Prob. 16SQCh. 6 - Prob. 17SQCh. 6 - Prob. 18SQCh. 6 - Prob. 19SQCh. 6 - Prob. 20SQ
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- Suppose that the county of Bigu has a population of 127 million, of which 83 million are in the working-age population. OF those, 25 million are not in the labor force and 52 million are employed. A. Calculate the working-age population as a percentage of the population B. Calculate the labor force participation rate C. Calculate the unemployment rate.arrow_forwardWhich of the following is correct? The unemployment rate is a. (employed-unemployed)/labor force X 100 b. unemployed/population X 100 c. (employed-labor force)/employed X 100 d. (labor force - employed)/labor force X 100arrow_forwardSuppose population increases by 1%, labor force increases by 3%, number of unemployedpersons increases by 2%. Compute the percentage changes in a. the labor force participationrate, b. the unemployment rate.arrow_forward
- You are given the following information for a country: population of working age 6 million; labour force 4 million; and employed 3.5 million. Based on this information, which of the following is correct? a. There are 2.5 million unemployed in this country. b. The unemployment rate is approximately 8%. c. The employment rate is approximately 88%. d. The participation rate is approximately 67%.arrow_forwardSuppose the population is 300 million people, the labor force is 200 million people, the number of people employed is 185 million, and the working-age population is 170 million people. What is the unemployment rate?arrow_forwardAlso define employed person, unemployed person and unemployment rate.arrow_forward
- Explain unemployment rate.arrow_forwardthe difference between the ‘labor force participation rate’ (LPR) and the ‘employment-to-population ratio’ (EPR), i.e. (PR-EPR), is equal to 15%. It is also known that the unemployment rate is equal to 20%, and the ‘working-age population’ is 300 million. Calculate: the number of unemployed people. the labor-force (work-force). labor force participation rate Please explain each answerarrow_forwardIf the population is 300 million, with 70 million under the age of 16 and institutionalized, another 70 million not in the labour force, 10 million unemployed and and 150 million employed, what is the unemployment rate?arrow_forward
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