Eco, International Economics

Assignment Help:
Ask questionQuestion 1: Compute various indicators of the state of the labour market using the following information. Please show all steps of your calculation. If you do not, you will receive zero marks for the question(s). (4 marks in total)



Open a new spread sheet on excel spread sheet. Then type = (on a cell), then type Rand ()

Demographic Group Number of Residents

Full-time workers 700000

Part-time workers 200000
Unemployed and looking for work 60000
Unemployed and not looking for work due to discouragement over job
prospects 50000
Not working due to disability 30000
Not working due to retirement 90000
Under the age of 15 300000
Total Population 1430000


i) What is the size of the labour force in this economy?

ii) Calculate the Labour Force Participation Rate for this economy. Report as a percentage to two decimal places.

iii) Calculate the Unemployment Rate for this economy. Report as a percentage to two decimal places.

iv) Explain various types of Unemployment?

#Minimum 100 words accepted#

Related Discussions:- Eco

Transportation economic, Hepburn’s Speed Model, the coefficients of vehicle...

Hepburn’s Speed Model, the coefficients of vehicles are indicated for C and D. As the chief of operations in your organization, you are responsible for presenting the yearly budget

PPP, Why would interest rate parity hold better than Purchasing power parit...

Why would interest rate parity hold better than Purchasing power parity overtime?

Explain why under the gold standard a perpetual surplus, Q. Explain why und...

Q. Explain why under the gold standard a perpetual surplus or a perpetual deficit is impossible. Answer: Since specie inflows drive up domestic prices and restore symmetry in

British economy, how is it the economy during the two wars and till 20 th

how is it the economy during the two wars and till 20 th

Why the fdic is following a too-big-to-fail policy, Q. Explain why the FDIC...

Q. Explain why the FDIC is following a "too-big-to-fail" policy of fully protecting all depositors at the largest banks. Answer: It is a tricky question the FDIC does that even

Theories about the problems of lower income countries, Theories about the P...

Theories about the Problems of LICs are discussed below: In order to explain this big problem of poverty and of the asymmetric ownership of the wealth and income in the world,

Explain cost of production in terms of world trade, Q. If scale economies ...

Q. If scale economies were not only external to firms, but were also external to individual sites. That is, the larger the worldwide industry (regardless of where plants or firms

Manage the translation risk of your multinational enterprise, Question : ...

Question : (a) Differentiate between Transaction, economic risk and Translation risk in foreign exchange market. (use an illustrative and numerical example in each case. (b)

Explain black-scholes european call option pricing formula, Problem: a)...

Problem: a) Write down and explain the Black-Scholes European call option pricing formula. Discuss how call prices it delivers change with each of the inputs to the calculatio

Write Your Message!

Captcha
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