Calculate the working age population and labor force

Assignment Help Business Economics
Reference no: EM131082060

If the number of employed people in a population is 149,444 , the unemployment rate 5%, and the Labor Force participation rate 62.5%, calculate the working age population, number of unemployed people, and the Labor Force.

Reference no: EM131082060

Questions Cloud

Why sports economists believe ticket prices are too low : Explain, using managerial economics, why sports economists believe ticket prices are too LOW. No more than 75 words, please. You can do an excellent job with 40 - 50 words if you are concise.
For which values of t is the curve concave upward : Quiz 1. For the parametric curve given by x = t2 + 1, y = t2 + t, find dy/dx and d2y/dx2 in terms of t. For which values of t is the curve concave upward
Marketing department estimates that medicare urology visits : Your marketing department estimates that Medicare urology visits equal 5 − (1.0 × C ) + (−6.5 × T O ) + (5 × T R ) + (0.01 × Y ). Here, C denotes the Medicare copayment (now $20), T O is waiting time in your clinic (now 30 minutes), T R is waiting ti..
Non-for-profit organization and non-government : How do strategic concepts apply to non-for-profit organization and non-government organization?
Calculate the working age population and labor force : If the number of employed people in a population is 149,444 , the unemployment rate 5%, and the Labor Force participation rate 62.5%, calculate the working age population, number of unemployed people, and the Labor Force.
What market should the company enter : A suntan lotion company is interested in expanding to another market. In Miami, there is a 60% chance of selling 5,000 units at a $5 profit/unit, a 20% chance of selling 4,000 at a $8 profit/unit, and a 20% chance of losing $5,000. In Las Vegas, ther..
Strategy in global environment : Each month contains 20 working day, each of which allows 3 separate 8 hours shifts. problem of chapter 2 operations strategy in global environment of bmgt 203.
Balance of trade in merchandise account : Which of the following will be recorded as a credit entry in the U.S. balance of trade in merchandise account?
About keeping inflation low or unemployment low : Should the Fed be more concerned about keeping inflation low or unemployment low? Please justify your answer. Please explain what the Fed's open-market operations are. Has the Fed changed the discount rate lately? If so, has it had an impact on the e..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Gasoline is an exception to the law of demand

As the price of gasoline ranges from $3.00 to over $4.00 a gallon in a year, the amount of gasoline bought remains about the same; does this mean that gasoline is an exception to the law of demand or is there some better explanation?

  How much gain or recaptured depreciation is there

A computer costs $9500 and its salvage value in 5 years is negligible. What is the book value after 3 years? If the machine is sold for $1500 in Year 5, how much gain or recaptured depreciation is there? Assume:

  What was your return on your investment

You invest in a fast food restaurant on Rt. 13 in Dover, Delaware (Hey, it seemed like a good idea at the time). You were required to invest $300,000. One year passes. You decide to sell your business. During the year you were paid $25,000 as your % ..

  Rental rate of capital and marginal productivity of labor

According to The Wall Street Journal, Mitsubishi Motors recently announced a major restructuring plan in an attempt to reverse declining global sales. Suppose that as part of the restructuring plan Mitsubishi conducts an analysis of how labor and cap..

  Calculate nominal gdp in percentage

Calculate nominal GDP in 2006 and in 2007 and the percentage increase in nominal GDP between 2006 and 2007.

  Utility producing firms often practice second degree price

Utility producing firms often practice second degree price discrimination. How might this help consumer welfare?

  Worth of new construction bonds

To pay off $60,000,000 worth of new construction bonds when they come due in 19 years, a water municipality must deposit money into a sinking fund. Payments to the fund will be made quarterly, starting 3 months from now. If the interest rate for the ..

  Castorian airline market there are only two firms

In the Castorian Airline market there are only two firms. Each firm is deciding whether to offer a frequent flyer program.

  The second half of the report

In the first half of the report you introduce ideas, then in the second half of the report you will discuss and evaluate these ideas to identify what is most important.

  Consider a small country that exports steel

Consider a small country that exports steel. Assume that a "pro-trade" government deicdes to subsidize the export of steel by paying

  Informal collusion in an oligopoly market firms

Explain why if there is no formal or informal collusion in an oligopoly market firms are more likely to match a price cut by an individual firm than they are to match a price increase?   If firms in an oligopoly do indeed behave in this way (matching..

  Calculate the tax revenue in the post-tax equilibrium

Suppose the market for cigarettes is characterized by the following information: Qd=70–5P [Demand] Qs=3P–10 [Supply]. Calculate the magnitude of the consumer surplus and producer surplus in the pre-tax equilibrium. Calculate the tax revenue in the po..

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