What is boone unemployment rate

Assignment Help Business Economics
Reference no: EM132127835

Assume the following for the town of Boone: it has a total population of 40,000 people, of which 1,000 are under 16 years of age or are institutionalized; 8,000 are full-time students who are not employed and are not seeking work; and 30,000 are employed. The rest of the people are out of work but have been actively seeking work within the past four weeks.

What is Boone's unemployment rate?

Instructions: Round your answer to 1 decimal place.

Reference no: EM132127835

Questions Cloud

Cross-price elasticity of demand between goods x and y : How much would the price of good Y have to change in order to change the consumption of good X by 10 percent?
What type of monopoly is sydney water : What type of monopoly is Sydney Water? Describe the main characteristics of this monopoly type in general and in relation to Sydney Water.
Should we be renegotiating nafta : Should we be renegotiating NAFTA? yes or no? If it is renegotiated, should it be replaced? What reasons would make it better in your point of view?
Support krueger-srinivasan argument : Does this reason you explained in debt support Krueger & Srinivasan's argument? Why or why not? How could this problem be avoided?
What is boone unemployment rate : What is Boone's unemployment rate? Instructions: Round your answer to 1 decimal place.
What are the implications of the shift from medical care : What are the implications of the shift from medical care to the focus on overall health conditions?
Calculating tax incidence : Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 40 billion bottles of wine were sold every year at a price of $5 per
Health care in australia been entirely privatised : Why hasn't health care in Australia been entirely privatised, according to Boxall and Gillespie?
Game time in degrees fahrenheit : A soda vendor at Aloha Stadium noticed that during Rainbow Warrior football games that more soda is being served the warmer the temperature during game time

Reviews

Write a Review

Business Economics Questions & Answers

  Expansionary or contractionary monetary policy

Is the Federal Reserve implementing expansionary or contractionary monetary policy?

  Some pros and cons to command-and-control strategies

What are some pros and cons to command-and-control strategies. How does C-and-C compare to Incentive strategies? In general, do you favor such strategies? Under which conditions? Please provide your rationale.

  Designing a network topology

You are the network manager of a company that has grown from 20 employees to 200 employees in 12 months.

  Air pollution control specialists

Air pollution control specialists in southern California monitor the amount of ozone, carbon dioxide, and nitrogen dioxide in the air on an hourly basis. The hourly time series data exhibit seasonality, with the levels of pollutants showing patterns ..

  Referees appear to be racially discriminatory

Suppose you start telling your friend about the Price and Wolfers finding that NBA referees appear to be racially discriminatory. Your friend looks at their data, and (correctly) finds that white referees call fewer fouls per 48 minutes on black play..

  Compute equilibrium marginal rate of substitution

Let Joe and Mojo have preferences a 0.25 i b 0.75 i . Assume each agent has an equal endowment of ale and bread of five units. Calculate Joe’s excess demand as a function of the price of ale. Compute the equilibrium by setting setting the excess dema..

  The idea of raising the minimum wage

Bernie Sanders has pushed the idea of raising the minimum wage to $15 per hour. How would the authors of your economics reading address this proposal? Why do workers in the United States tend to make a higher wage than workers in other countries?

  Good information about the definition of the labor force

You shared good information about the definition of the labor force. However, per our discussion question, can you tell me is the student who graduated, but is looking for work a part of the labor force? Can you explain why or why not?

  Monopoly pricing formula using demand elasticity

Recall the Monopoly Pricing formula using Demand Elasticity and use it to price.

  What is the reaction in money market

The federal reserve had decided that unemployment is rising too sharply and wants to reserve this trend by expanding the money supply. What steps must the Fed take to expand money? What will be the impact of the money supply curve? What is the reacti..

  How much is the interest

You borrow $500 from a family member and agree to pay it back in 6 months. Because you are part of the family, you are only being charged simple interest at the rate of 0.5% per month. How much will you owe after 6 months? How much is the interest?

  Consider the expectations theory with a term premium

Consider the expectations theory (of the term structure) with a term premium. What is the interest rate on a 5-year bond today if the term premium for a 5-year bond is 2% and 1-year interest rates are expected to remain constant at their current leve..

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