Find the size of the labor force in a community

Assignment Help Econometrics
Reference no: EM13189404

The size of the labor force in a community is 800, and 720 of these folks are gainfully employed. In this community, 200 people over the age of 16 do not have a job and are not looking for work. In addition, 100 people in the community are under the age of 16. What is the unemployment rate?

Reference no: EM13189404

Questions Cloud

What is the break-even sales (units) : If fixed costs are $350,000, the unit selling price is $29, and the unit variable costs are $20, what is the break-even sales (units) if the variable costs are decreased by $4?
Syndrome resulting from a robertsonian translocation : Why would Down syndrome resulting from a Robertsonian translocation not be affected by the age of the mother?
Write a script to help users calculate compressed file size : Develop a small console program driven by a text menu (see the sample screenshot below):? It displays a simple menu with 4 items indicated by number 1-4.? Users will enter number 1 to 4 to run some commands.?
Difference between motivation and job satisfaction : What is the difference between motivation and job satisfaction, class? And why should managers be more concerned with motivation than with job satisfaction? Or should they? Why?
Find the size of the labor force in a community : The size of the labor force in a community is 800, and 720 of these folks are gainfully employed. In this community, 200 people over the age of 16 do not have a job and are not looking for work. In addition, 100 people in the community are under t..
What is the temperature of the coffee after 14 minutes : A cup of coffee at 173 degrees is poured into a mug and left in a room at 65 degrees. After 4 minutes, the coffee is 142 degrees. Assume that the differential equation describing Newton's Law of Cooling is (in this case) .
Definition of normal-abnormal vary from culture to culture : How does the definition of normal and abnormal vary from culture to culture? Give examples in our culture (US) where what is considered normal by some is considered abnormal by others.
What polynomial represents the volume : what polynomial represents the total surface area of a rectangular solid with sides being 2x. x, 3x. What polynomial represents the volume?
Consider the section on language and gender : Consider the section on language and gender. What are the ways in which men and women communicate differently in our culture? (Please include how are our communication patterns alike)

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

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