Use the given data to compute a labor force participation

Assignment Help Microeconomics
Reference no: EM13388403

Use the following data to calculate (a) the labor force participation rate, (b) the unemployment rate, and (c) the employment/population ratio.

Population age 16 and over

15,000

Labor force

7,300

Not currently working

4,500

Employed Full-time

5,000

Employed Part-time

1,100

Unemployed.

1,200

Reference no: EM13388403

Questions Cloud

How will unemployment rate during current period compare : consider an economy with the following aggregate demand ad and short-run aggregate supply sras schedules.
Identify two key components of service system quality : 1q. explain why it is difficult to obtain a single universal definition of quality.2q. describe the relationship
Suppose schuler has a change in management the new group : 1. the risk-free rate of return rrf is 11 the required rate of return on the market rm 16 and schuler companys stock
Make a draft of a new mission statement comprising : the following is a generic mission statement for a primary care physician group practice. you have been hired as a
Use the given data to compute a labor force participation : use the following data to calculate a the labor force participation rate b the unemployment rate and c the
The question is how should this communication be carried : the question is how should this communication be carried out to be sure that it is reaching all of the
Categorize each of the following as employed unemployed or : classify each of the following as employed unemployed or not in the labor force.a. beth is not working she applied
Suppose a venture fund wishes to base its required return : suppose a venture fund wishes to base its required return used in discounting future terminal values on its historical
How might a company take benefit of consumers mental : consumers choices are prey to subtle discrepancies that arise in cognitive accounting. learning how and when you are

Reviews

Write a Review

Microeconomics Questions & Answers

  Econometrics homework212nbspnbsp table 2-9 gives data on

econometrics homework.2.12nbspnbsp table 2-9 gives data on the consumer price index cpi for all items 1982-1984100 and

  Demand a normal demand curve is downwards identify four

a normal demand curve is downwards identify four abnormal exceptional demand

  Calculate the present value of the costs

Calculate the present value of the costs and the present value of the benefits of each career path assuming an interest rate of 3% and then again at an interest rate of 10%. Which of the career paths should she pursue under each interest rate?

  What is the price of an oligopoly product

Which of the following statements is false a. Natural monopolies do not need to be regulated because they naturally behave to benefit society. b. Oligopoly markets require firms to behave strategically. c. Monopolistic competition produces with exces..

  Explain legal liability in terms of governance in long-term

discuss legal liability in terms of governance in long-term care settings. what agencies have oversight authority?

  How do banks prevent panics from occurring

Does the fact that your bank keeps only a fraction of your account balance in reserve make you uncomfortable Why don't people rush to the bank and retrieve their money How do banks prevent panics from occurring

  Cases in engineering economy 2nd by peterson & eschenbach

Cases in Engineering Economy 2nd by Peterson & Eschenbach

  Questions on opportunity cost

Economists make decisions by thinking in terms of alternatives. Why do economists thinks there is no such thing as a free lunch?

  What is the opportunity cost of using the unused portion

video world operates a retail store that rents movie videos. for each of the last 10 years, Video World has consistently earned profits exceeding P250000 per month in rent for its building, but it uses only 50 percent

  Consumers utility maximization problem

Set up the consumer's utility maximization problem for prices pi, p2 and income m and how can this person be better off than by consuming the bundle

  In each of the following situations determine the direction

in each of the following situations determine the direction and size of the change in total output and income that

  What can reduce principal-agent problem but increase costs

Hiring more supervisory personnel can reduce the principal-agent problem and decrease costs. can reduce the principal-agent problem but increase costs. will eliminate the principal-agent problem. is contrary to the profit incentive.

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