Macroeconomics, economics, Microeconomics

8,000,000 people in the population who are 16 yrs of age and older. 80% are willing to work. Currently 10% unemployment rate.
a. how many people in labor force?
b. How many are unemployed?
c. How many are employed?
Posted Date: 3/6/2012 10:03:23 PM | Location : United States







Related Discussions:- Macroeconomics, economics, Assignment Help, Ask Question on Macroeconomics, economics, Get Answer, Expert's Help, Macroeconomics, economics Discussions

Write discussion on Macroeconomics, economics
Your posts are moderated
Related Questions

Traditional inventory control based on the calculation of EOQ   At this point, it is worth considering some of the problems faced by companies using the simple inventory model

1.      How can a nation and its producers determine whether or not it has a comparative advantage in producing a particular good or service? a 2.  The above figure show

FACTORS RESPONSIBLE FOR POLICY FAILURES: It is the subject of many official and academic studies to try and find out the reasons for the inability of many, in fact, most of th

Division of Labor The occupation or breaking down of jobs into simple and repetitive responsibilities.

state the law of downward sloping demand

Policies for Technological Advance Without better technology, increases in capital stock generated by investment rapidly run into diminishing returns. And without improvements

How a manager determines the optimal number of employees in a project

how to calculate growth rate in closed economy

what is the theory of second best? prove the theorem with the help of a diagram.