Explain swedish labor-force participation rate

Assignment Help Business Economics

Reference no: EM1346456

1. In 2009, based on concepts similar to those used to estimate U.S. employment figures, the Swedish adult non-institutionalized population was 7.568 million, the labor force was 4.888 million, and the number of people employed was 4.486 million. According to these numbers, the Swedish labor-force participation rate and unemployment rate were about

a. 64.6% and 8.2%.

b. 59.3% and 8.2%.

c. 59.3% and 5.3%.

d. 64.6% and 5.3%

2. Using the net benefit ratio method of Deaton, please tell us whether a 10% increase in output price will increase or decrease the economic welfare of each of the following three agricultural households, by how much, and why (be sure to show your work):

a. Household A, which produces $100 of output of the crop but does not consume any of it (selling the whole harvest on the market) and has a total income of $200.

b. Household B, which produces $100 of output of the crop, consumes $50 (selling the difference on the market), and has a total income of $200.

c. Household C, which produces $100 of output of the crop and consumes $150 (purchasing the difference on the market) and has a total income of $200.

Reference no: EM1346456

Questions Cloud

Explain the focus is on diversification as a strategy : Explain the focus is on Diversification as a strategy, Some of the diversification choices from a corporate perspective include merger,

Prepare a communications training program : International Communication - Suppose that your boss has assigned you to a team to prepare a communications training program

Explain the process to find better buy : Given that you know risk as well as expected return for 2 stocks, explain the process you might utilize to find which of the two stocks is a better purchase.

Calculate two to four weaknesses that are evident : Calculate two to four weaknesses that are evident in the selected organization's product life cycle. Generate a new product design as well as product selection and then determine three strategies that the organization needs in order to strengthen ..

Explain swedish labor-force participation rate : Using the net benefit ratio method of Deaton, please tell us whether a 10% increase in output price will increase or decrease the economic welfare of each of the following three agricultural households, by how much, and why (be sure to show your w..

Business communication - create a negative letter : Business Communication: Create a negative letter - Prepare from scratch a negative letter.

What fraction of the initial gas remains in the cylinder : Law of Gravitation- Find out an expression for the magnitude of the initial velocity that a projectile should possess in order to leave the earth when air friction is neglected. The gravitational constant for g is, G = 6.67428*10^-11 m^3 Kg^-1 s^-..

Knowledge management as well as e-learning : Search an article on Knowledge Management as well as E-learning and write summary for it, Class name is Management information system

International communication - controversial players : International Communication - Controversial players, such as Pittsburgh Steelers quarterback Ben Roethlisberger

User Account

All Pages