Illustrate the number of unemployed workers in this economy

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Reference no: EM1348746

Suppose that the current (first) generation consists of 1 million people, half of whom are women. If the total fertility rate is 1.3 and the only way people die is of old age, how big will the fourth generation (the great grandchildren) be?

The unemployment rate in an economy is 6%. The total population of the economy is 290 million, and the size of the civilian labor force in 150 million. Illustrate the number of unemployed workers in this economy is?

 

Reference no: EM1348746

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