Determine the participation rate and the labor force, Macroeconomics

+44 141 628 6080
[email protected]

Determine the participation rate and the labor force

Problem

Suppose that the unemployment rate is 5%, the total working-age population is 100 million, and the number of unemployed is 2.5 million. Determine: (i) the participation rate; (ii) the labor force; (iii) the number of employed workers; and (iv) the employment/population ratio.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Macroeconomics: Determine the participation rate and the labor force

Reference No:- TGS02119276

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Macroeconomics

Q : Calculate the quantity of capital at beginning of years one

Let Kt denote the quantity of capital a country has at the beginning. Calculate the quantity of capital at the beginning of years 0, 1, 2, 3, 4, ... , 10.

Q : What is the most the company should pay for any survey

Suppose the company can conduct a marketing survey to get a better idea of the demand for the ornaments.

Q : Why do statistic indicate that there might measurement error

Why do the statistics indicate that there might be some large measurement error in the official U.S. national income accounts.

Q : What is the decision tree approach

There is a 40% chance that the faculty union will accept $180,000 and a 60% chance that the union will hold out for $220,000.

Q : Determine the participation rate and the labor force

Determine: the participation rate; the labor force; the number of employed workers; and the employment/population ratio.

Q : Calculate twelve-month percentage rates of increase

Calculate 12-month percentage rates of increase in each of these measures from 2000 up to the present, compare, and discuss.

Q : How the variable has evolved over time

Plot this variable, and comment on how it has evolved over time, particularly during the last recession.

Q : What is the primary defining feature of business cycles

What is the primary defining feature of business cycles? Besides persistence, what are three important features of the deviations from trend in GDP?

Q : Why are comovement in aggregate economic variables important

Why are the comovements in aggregate economic variables important? What did Robert Lucas say about the comovements among economic variables?

1960096

Questions
Asked

3,689

Active Tutors

1450852

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Providing care that respects others spiritual and religious

Providing care that respects others' spiritual and religious beliefs and practices requires self-awareness of one's own core beliefs and practices.

Describe the mehfil-e-sama in india

Briefly describe the mehfil-e-sama in India. In your view, how do these spiritual gatherings both reflect the historical expansion of Islam from

What is it about tendency to individualize christian faith

Using scripture refereneces give your insight into the following prompt: "What is it about our tendency to individualize the Christian faith

Compare the different understandings of chaos

Problem 1. Compare and contrast the different understandings of Chaos as we see it in the text of Hesiod and Ovid.

Can religion offer a good answer to the question

Question: Can religion offer a good answer to the question of the meaning of life?

Reflect on the mission of the church as christianity

Using your primary and secondary source readings, reflect on the mission of the church as Christianity spread away from the Mediterranean center

How everyones life is deemed valuable to god

Because everyone's life is deemed valuable to God, the choice of suicide or euthanasia contradicts this and is therefore considered sin