How many people are employed

Assignment Help Business Economics
Reference no: EM13801609

Suppose that the adult population is 9,918, the unemployment rate is 6% and the labor force participation rate 71%.

How many people are employed?

Reference no: EM13801609

Questions Cloud

Identify four ethical principles : For example, the purpose is to identify four ethical principles from a set of ten and then provide a detailed discussion of each based on my experiences (job/college related)-Offer a critical analysis.
What is the incidence of the tax that falls on consumers : Suppose that the government decides to tax potato chip producers for every bag of chips sold. Before the tax, 100 million bags of potato chips were sold every year at a price of $3 per bag. What is the amount of the tax per bag of potato chips? What ..
Optimal number of bran muffins to sell in single package : The American Baker’s Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent..
Suppose the required reserve ratio : Suppose the required reserve ratio is 8% and that banks hold no excess reserves and the public does not change its currency holdings. If the Fed sells $5 million worth of securities, the amount of deposits in the banking system changes by $______ mil..
How many people are employed : Suppose that the adult population is 9,918, the unemployment rate is 6% and the labor force participation rate 71%. How many people are employed?
What is the unemployment rate : Suppose that the adult population is 152 million, the number of unemployed is 19 million and the labor force participation rate 63%. What is the unemployment rate?
What are private savings : Suppose that GDP is $18,520, taxes are $1,927, consumption is $4,856, transfers are $95, and government spending is $2,562. What are private savings?
What are national savings : Suppose that GDP is $49,081, taxes are $7,478, consumption is $13,848, transfers are $5,073, and government spending is $10,880. What are national savings?
What is the real interest rate : Suppose that the nominal rate is 24%, and inflation is 6%. What is the real interest rate?

Reviews

Write a Review

Business Economics Questions & Answers

  Crowding-out effect also the ricardo-barro effect

Distinguish between the crowding-out effect also the Ricardo-Barro effect. Elucidate how are the two effects related

  What is consumer surplus

What is consumer surplus?

  Under what circumstances should the government bailout

Although most people agree that the government’s role in the free market economy should be limited, the degree of appropriate government involvement is contested

  What are the potential consequences of a country having

What are the potential consequences of a country having a large overall debt? If you were in the position to implement a solution for the country’s long-term debt, what would it be and why?

  Illustrate what are they and what impacts do they have on

Illustrate what are they, and what impacts do they have on the outcomes of Keynesian countercyclical policies.

  Illustrate what is the shutdown level of output

If the market price of suits is constant, illustrate what is the shutdown level of output. What is the minimum price the firm can accept.

  Q1 arc-bot technologies manufacturers of six-axis electric

q1. arc-bot technologies manufacturers of six-axis electric servo-driven robots has experienced the cash flows blow in

  What is the equilibrium level of national product

What is the equilibrium level of national product? What is the government's budget surplus?

  Differences in long-run-short-run macroeconomic analysis

The long-run and short-run aggregate supply curves reflect fundamental differences between long-run and short-run macroeconomic analysis. Graphically illustrate the long-run and short-run aggregate supply curves. Be sure to label the axes.

  Explain how and why each source is valuable and useful

Discuss this week's objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

  What is the shut-down price for the firm

Assume that the market for wheat is perfectly competitive, with demand curve P = 5000 ? 0.01QD and a supply curve P = 1+0.1QS. Each identical wheat producer has a total cost curve given by T C = 1+Q+Q2 , which results in marginal cost of MC = 1 + 2Q...

  Explain why a system of marketable pollution permits leads

Explain why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command and control system.

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