The official unemployment rate-force participation rate

Assignment Help Business Economics

Reference no: EM131104718

Use the following data to calculate (a) the size of the labor force, (b) the official unemployment rate, and (c) the labor force participation rate (defined in Ch. 3) for a hypothetical economy with: Population=500 Population 16 years or older and noninstitutionalized=400 People employed full or part time=200 People unemployed and actively seeking work=20 People who have quit seeking work due to lack of success=10 Part time workers seeking full time jobs=30 Note: Omit the existence of the 30 part time works seeking full time jobs

Reference no: EM131104718

Questions Cloud

How would the deficit impair daily functioning in academic : Considering children and adolescents at various developmental levels, describe a deficit in learning or memory. What brain structures and circuits are related to your selected deficit? How would the deficit impair daily functioning in academic, so..

How much is the deadweight loss : First Problem The number of bottles of chardonnay demanded per year is $1, 000, 000 − 60, 000P , where P is the price per bottle (in U.S. dollars). The number of bottles supplied is 40, 000P. How much is the tax collected by the government? How much ..

Is maisy an employee or another type of worker : Is Maisy an employee or another type of worker - Assuming Maisy is an employee, who is Maisy's employer, Technicalities or IS?

What legal remedy would release turban from contract : Turban, an immigrant who speaks little English, enters into a contract to pay $300 per month for ten years to purchase an auto from Travel Motor Co. The appraised retail value of the car is $5,000. What legal remedy would release Turban from his c..

The official unemployment rate-force participation rate : Use the following data to calculate (a) the size of the labor force, (b) the official unemployment rate, and (c) the labor force participation rate (defined in Ch. 3) for a hypothetical economy with:

Calculate the working capital and current ratio : Calculate the working capital and current ratio at each balance sheet date. Round your current ratio answers to two decimal places. Working Capital = Current Assets less Current Liabilities.

Identifies type of property involved from legal perspective : Identifies the type of property involved from a legal perspective and the legal decision to be made in relation to Bonzi - Identifies a legal rule which applies to people like Bonzi in the situation he finds himself

What are some actions that stockholders : What are some actions that stockholders can take to ensure that managements and stockholders interests are aligned?

Use the policy improve ment algorithm to determine : The price of a certain stock is fluctuating between $10, $20, and $30 from month to month. Market analysts have predicted that if the stock is at $10 during any month, it will be at $10 or $20 the next month, with probabilities 4/5 and 1/5 respect..

User Account

All Pages