Data for an economy shows that the unemployment rate is 10%, the participation rate 75 percent, 200 million people ?16 years or older are not in the labor force. How many people are in the labor force in this economy إختر أحد الخيارات: million 80 million 200 bo million 600 .co million 1,000 do .a

Data for an economy shows that the unemployment rate is 10%, the participation rate 75 percent, 200 million people ?16 years or older are not in the labor force. How many people are in the labor force in this economy إختر أحد الخيارات: million 80 million 200 bo million 600 .co million 1,000 do .a

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 17RQ: Are U.S. unemployment rates typically higher, lower, or about the same as unemployment rates in...

See similar textbooks

Similar questions

Many college students graduate from college before they have found a job. When graduates begin to look for a job, they are counted as what category of unemployed?
What criteria do the BLS use to count someone as employed? As unemployed?
A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest 0f the adult population is out of the labor force. Whats the unemployment rate? What share of population is in the labor force? Sketch a pie chart that divides the adult population into these three groups.
Are U.S. unemployment rates typically higher, lower, or about the same as unemployment rates in other high-income countries?
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.
In developed countries main reason for unemployment is Lack of supply O Excess demand O Lack of raw material O Demand deficiency Next
31. Calculate the unemployment rate
. Consider a country with 300 million residents, a labor force of 150 million, and 10 million unemployed. Answer the following questions. What is the labor force participation rate? What is the unemployment rate?
.A survey of 200,000 people finds 75,900 "employed," 5,440 "unemployed," and the remaining 117,060 "not in the labor force." What is the unemployment rate derived from these numbers?
In an economy we have 5000 people unemployed 50000 people employed 10000 people out of the labor force What is the employment rate?
Laos' total population is 300,000. There are 60,000 people under the age of 16 in Laos. Laos' Labour Force size is 180,000. Currently there are 150,000 members of the Labour Force working. 1. What is Laos Labour Force Participation Rate? 2. What is Laos' unemployment rate?
The Bureau of Labor Statistics reported in 2005 that there were 59.98 million people over age 25 whose highest level of education was a high school degree or equivalanet. 36.40 million of whom were employed and 1.93 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?