Calculate the working age population and labor force

Assignment Help Business Economics
Reference no: EM131082060

If the number of employed people in a population is 149,444 , the unemployment rate 5%, and the Labor Force participation rate 62.5%, calculate the working age population, number of unemployed people, and the Labor Force.

Reference no: EM131082060

Questions Cloud

Why sports economists believe ticket prices are too low : Explain, using managerial economics, why sports economists believe ticket prices are too LOW. No more than 75 words, please. You can do an excellent job with 40 - 50 words if you are concise.
For which values of t is the curve concave upward : Quiz 1. For the parametric curve given by x = t2 + 1, y = t2 + t, find dy/dx and d2y/dx2 in terms of t. For which values of t is the curve concave upward
Marketing department estimates that medicare urology visits : Your marketing department estimates that Medicare urology visits equal 5 − (1.0 × C ) + (−6.5 × T O ) + (5 × T R ) + (0.01 × Y ). Here, C denotes the Medicare copayment (now $20), T O is waiting time in your clinic (now 30 minutes), T R is waiting ti..
Non-for-profit organization and non-government : How do strategic concepts apply to non-for-profit organization and non-government organization?
Calculate the working age population and labor force : If the number of employed people in a population is 149,444 , the unemployment rate 5%, and the Labor Force participation rate 62.5%, calculate the working age population, number of unemployed people, and the Labor Force.
What market should the company enter : A suntan lotion company is interested in expanding to another market. In Miami, there is a 60% chance of selling 5,000 units at a $5 profit/unit, a 20% chance of selling 4,000 at a $8 profit/unit, and a 20% chance of losing $5,000. In Las Vegas, ther..
Strategy in global environment : Each month contains 20 working day, each of which allows 3 separate 8 hours shifts. problem of chapter 2 operations strategy in global environment of bmgt 203.
Balance of trade in merchandise account : Which of the following will be recorded as a credit entry in the U.S. balance of trade in merchandise account?
About keeping inflation low or unemployment low : Should the Fed be more concerned about keeping inflation low or unemployment low? Please justify your answer. Please explain what the Fed's open-market operations are. Has the Fed changed the discount rate lately? If so, has it had an impact on the e..

Reviews

Write a Review

Business Economics Questions & Answers

  What changes should the firm make in production style

Medfin Accounting Company (MAC) specializes in providing accounting and tax services for medical establishment and professionals. Presently, the company's production method is highly labor-intensive because many of the books keeping tasks are done ma..

  When a purely competitive firm is in long-run equilibrium

When a purely competitive firm is in long-run equilibrium, price is equal to:

  Gasoline in inventory worth

The manager of Big Oil Company in Mandeville tells investors that at the end of 2006 they had gasoline in inventory worth $446. In 2007, Big Oil produced gasoline worth $353 and sold gasoline worth $217. How much did Big Oil add to Mandeville's GDP i..

  The shift of demand or supply

Suppose you are the manager of a California winery. How would you expect the following events to affect the market equilibrium price (up or down) you receive for a bottle of wine? Please state the shift (leftward or rightward) of demand or supply.

  Evaluate the long-run impacts of the change

Apply the aggregate demand/aggregate supply framework to predict how the chained CPI could potentially impact the economy in the short-run. Evaluate the long-run impacts of the change.

  What could you do to protect that long term profit stream

Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..

  Explain the decline in deficits and subsequent surpluses

As late as 1992, the United States was running budget deficits of nearly $300 billion. During the remainder of the 1990's, deficits declined and became surpluses. As the new century began, these surpluses again turned into deficits. Explain the decli..

  Use the regression to forecast data for your business

A multiple regression equation is created with 4 independent variables and 24 data observations. The resulting F value is 4.10. If all other statistics for the regression are acceptable would you use the regression to forecast data for your business?

  What you will be paying at per payment year

Assume you have 5 uneven payments to make and you want to know what you will be paying at 10% per payment (year) on this uneven payment.

  By how much will unemployment change after you policy

The government wants to eliminate the inflationary gap by changing expenditures. What policy do you suggest? By how much will unemployment change after you policy has taken effect?

  How does the government decide on amount of pollution

How does the government decide on the amount of pollution to allow? What are the potential costs and benefits associated with the regulation of pollution? What are the potential problems associated with employing outright regulation to deal with poll..

  Supply curve to shift to right in market for gasoline

Which of the following would cause the supply curve to shift to the right in the market for gasoline?

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