What is the labor force in this economy

Assignment Help Macroeconomics
Reference no: EM133376942

Question: The total number of unemployed individuals in an economy is equal to 949. The total number of employed is 13,861, and the working-age population is 21,404. What is the labor force in this economy?

Reference no: EM133376942

Questions Cloud

Implement benchmarking process : According to you, what is the main obstacle for any company to implement a benchmarking process?
Discuss the effect of monetary policy on inflation : Discuss the effect of monetary policy on inflation. To what extent can monetary policy influence inflation? . How can adjusting interest rates impact
Describe situation in the workplace : Describe a situation in the workplace where either your intended meaning as a sender was misunderstood by the receiver or the intended meaning
Explain the key elements of your implementations : Unit 20 Advanced Programming - BTEC Higher National Diploma (HND) in Computing - explain the key elements of your implementations, the rationale
What is the labor force in this economy : The total number of unemployed individuals in an economy is equal to 949. The total number of employed is 13,861, and the working-age population is 21,404.
Find the new equilibrium levels of income and savings : Now suppose that households change behaviour: they want to save 25 more (i.e., the savings function shifts up by 25). Find the new equilibrium levels of income
Discuss the pros and cons of using realistic job previews : Discuss the pros and cons of using realistic job previews as a method of increasing the company's retention of new hires.
Can you think of things that are not included or taken : GDP is the best measurement for standard of living but is not perfect. Can you think of things that are not included or taken into account when measuring GDP?
Evaluate the complexity of your implemented algorithm : Examine appropriate research methodologies and approaches as part of the research process and Reflect on the application of research methodologies

Reviews

Write a Review

Macroeconomics Questions & Answers

  How market dynamics affect supply curve

Mastering the economic way of consideting means learning to reason in terms of supply and demand. Here are additional questions on which you can practice.

  Relationship between russia and rest of europe

What is the relationship between Russia and rest of Europe, how the Crimea situation changed it?

  Explain how to find pareto efficiency

Explain how to find pareto efficiency? give an example of a problem with multiple utility functions.

  What is the effective annual interest rate

Macro Structures' professional liability insurance can be paid in installments. If paid annually, it costs $20,000. If paid quarterly, $1000 is added.

  How does this relate to returns of scale

Define economies of scale. How does this relate to returns of scale? Cite and briefly discuss the main determinants of economies of scale.

  Price discrimination by firm-its consequences on consumer

A firm with costs C(Q) = 1,000 + 60Q + 0.1Q2 is able to price-discriminate-What would happen if it were forced to charge all its customers the same price?

  What distinguishes money from other assets in the economy

Consider what distinguishes money from other assets in the economy. Consider what is commodity money and fiat money, and which kind we use.

  Market structure and pricing power

Select a new, realistic good or service for an existing industry, preferably an industry you current work in or one in which you are interested in working.

  What is the expected value of the npv

Your company asked you to evaluate two potential projects. These projects are active for 10 years and have no salvage life. What is the expected value of the NPV for each of the projects? What is the standard deviation of the NPV for each of the proj..

  Is the social preference ordering defined is reflexive

Now suppose that for the same three voters and candidates above, that it is discovered that candidate z once put ketchup on his eggs. Voter 1, is appalled and changes his ranking to x first, y second, z third. Voter 2, has always secretly ketchupe..

  What equation would show how h2po4 can act

What equation would show how H2PO4- can act as an acid with H2O acting as a base. Express your answer as a chemical equation

  Long-run economic growth for south africa

It is clear that the South African economy needs to grow. We need to make up for lost incomes, lost jobs, lost tax revenue.

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