User Account

All Pages

Number of unemployed and unemployment rate

Assignment Help Macroeconomics
Reference no: EM133277653

An economy has 100 people divided among the following groups: 25 have full-time jobs, 20 have one part-time job, 5 have two part-time jobs, 10 would like to work and are looking for jobs, 10 would like to work but are so discouraged they have given up looking, 10 are running their own businesses, 10 are retired, and 10 are small children.

1. Calculate the labor force and the labor-force participation rate.

2. Calculate the number of unemployed and the unemployment rate.

Reference no: EM133277653

Questions Cloud

Marginal benefit of staying open for each additional hour : Joe runs a business and needs to decide how many hours to stay open. Figure 2.2 illustrates his marginal benefit of staying open for each additional hour.
What was the new psychology and how did it differ : What was the New Psychology and how did it differ from the "old" psychology and Is the emergence of Wundtian psychology a linear progression, a cycle
Analyze the design affordances you observe in the system : Finally, analyze the design affordances, disaffordances, and dysaffordances you observe in the system. Please be concrete, providing screenshots
How can a printer company adapt to the new economy : How can Conde Systems, Inc. relate to a younger customer base? How can a printer company adapt to the new economy?
Number of unemployed and unemployment rate : Calculate the labor force and the labor-force participation rate. Calculate the number of unemployed and the unemployment rate.
Which approach do you think is more effective : PSY 470 Grand Canyon University Compare the psychological, sociocultural, and biological approaches to treatment for unipolar depression
Government budget deficit by government expenditures : Suppose the government decides to reduce the government's budget deficit by reducing government expenditures.
What would the theory say is the cause for jerrys problems : PSY-406 Chaminade University What would a counselor using Psychoanalytic therapy do with Jerry to help him? (Describe an intervention or strategy)
Write research paper about retractable gear aircraft systems : Write a research paper about retractable gear aircraft systems, including mechanical systems for both operating and preventing gear up landings

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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