Determine the size of the labor force, Microeconomics

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Determine the size of the labor force

Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force? What is the official unemployment rate?

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Microeconomics: Determine the size of the labor force

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Microeconomics: Determine the size of the labor force

Reference No:- TGS062411

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Which has been the most economically successful

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Q : Financial intermediaries and savings and investments

Q : Improper accounting for asset retirements

Q : Determine the size of the labor force

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Determine the size of the labor force

Reference No:- TGS062411

Recent Questions Asked Microeconomics

Q : Which has been the most economically successful

Q : Element of fiction and nonfiction

Q : Financial intermediaries and savings and investments

Q : Improper accounting for asset retirements

Q : Determine the size of the labor force

Q : What should be the gain on the sale to parent

Q : Determine size of gdp gap in percentage-point terms

Q : What amount of sales will be reported

Q : Characteristics and consequences of imperialism

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