A how many more people would be working instructions enter


In 2011, the adult population was 230 million and approximately 59 percent was employed. If the employment rate increased to 61 percent,

(a) How many more people would be working?

Instructions: Enter your response to one decimal place. million

(b) By how much would output increase if per worker GDP were $109,000? Instructions:Enter your response as a whole number. $million

Solution Preview :

Prepared by a verified Expert
Macroeconomics: A how many more people would be working instructions enter
Reference No:- TGS01560576

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)