Calculate the rate of unemployment

Assignment Help Macroeconomics
Reference no: EM131344948

Question: Consider the following labour market data and compute the followings (where relevant, show it to two decimal points).

Adult population - 100

Not in labour force - 20

Unemployed - 15

Employed - 65

i) Calculate the labour force.

ii) Calculate the percentage of people not in the labour force.

iii) Calculate the rate of unemployment.

iv) Calculate the labour force participation rate.

Reference no: EM131344948

Questions Cloud

Draw a supply and demand graph : Draw a supply and demand graph and identify the areas of consumer surplus and producer surplus. Given the demand curve, what impact will an increase in supply have on the amount of consumer surplus shown in your diagram
Demand for trains is unlimited : Each week, Giapetto can obtain all the needed raw material but only 100 finishing hours and 80 carpentry hours.  Demand for trains is unlimited, but at most 40 soldiers are bought each week.  Giapetto wants to optimize weekly profit (revenues - co..
Explain answer taking into account attitudes toward risk : "I propose executing one spammer per year. That way, even if we don't catch and convict many, the penalty will have substantial deterrent effect. Because the cost of executing them is much less than the cost of catching them, it is cost effective ..
Multi-period production planning at zeta : Attached is the case study. This needs to be completed in Excel and any diagrams need to be able to edited, they cannot be cut and pasted into the excel spreadsheet. ALSO please show your work in excel, utilizing solver. I need to be able to see h..
Calculate the rate of unemployment : Calculate the labour force. Calculate the percentage of people not in the labour force. Calculate the rate of unemployment. Calculate the labour force participation rate
Review the motivational ideas or theories addressed : Review the motivational ideas or theories addressed in the readings Using yourself as an example, do you feel that one or more of the ideas or theories are particularly effective in motivating you, or is there a better way you can be motivated?
Litigation process representative of employer : Recommend a plan or strategy to be followed by safety professionals if they become involved in the litigation process as a representative of an employer organization.
Explain background information on how that problem developed : Describe background information on how that problem developed or came into existence. Show why this is a societal problem, and provide perspectives from multiple disciplines or populations so that you fully represent.
What may be the reasons for paying efficiency wages : What may be the reasons for paying 'efficiency wages' and what effects should it have on firms and workers

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd