In 2013, approximately 59 percent of the adult population (240 million) was employed. If the employment rate
Question:
In 2013, approximately 59 percent of the adult population (240 million) was employed. If the employment rate increased to 62 percent,
(a) How many more people would be working?
(b) By how much would output increase if per worker GDP were $117,000?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
a 72 million b 842400 million 8424 billion Feedback a In 2013 the adult population was 240 mi...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
Question Posted:
Students also viewed these Business questions
-
In 2015, approximately 59 percent of the adult population (250 million) was employed, among the lowest employment rates in 20 years. If the employment rate increased to the prerecession level of 62...
-
Consider a small economy composed of six people: Clancy, Eileen, Hubert, Kate, Poornima, and Manuel. Each person's employment status is described in the following table. Based on the criteria used by...
-
Approximately how many years does it take to double a $100 investment when interest rates are 7 percent per year?
-
Calculate the following ratios from the data given below: 1. Debt ratio 2. Debt service coverage multiples 3. Interest coverage Balance Sheet 12/31/2014 Assets Cash..$575,000 Short-term...
-
The time t, in seconds, that it takes a Corvette to accelerate to x mph can be described by t = 0.001(0.732x2 + 15.417x + 607.738) How fast is the Corvette going after 8.99 seconds? Give your answer...
-
What kind of product is Petnet's Smart feeder? How should this type of product be marketed?
-
A company starts its year with inventory of 2m and ends with 3m. If it had an overall cost of sales of 12.5m, what was its stockturn in days? a. 85 days b. 1,825 days c. 73 days d. 7.3 days
-
Use the Underwood equations to estimate the minimum external-reflux ratio for the separation by distillation of 30 mol% propane in propylene to obtain 99 mol% propylene and 98 mol% propane, if the...
-
Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also...
-
The yield on a general obligation bond for the city of Davenport fluctuates with the market. The monthly quotations for 2006 are given in Table P-9. Table P-9 MonthYield January ............. 9.29...
-
If the labor force increases by 1.1 percent each year and productivity increases by 3.2 percent, how fast will output grow?
-
If output per worker is now $120,000 per year, how much will the average worker produce 5 years from now if productivity improves by (a) 2.0 percent per year? (b) 3.0 percent per year?
-
Describe how management maintains control over the petty cash fund.
-
Required information [The following information applies to the questions displayed below.] Cane Company manufactures two products called Alpha and Beta that sell for $170 and $130, respectively. Each...
-
In managing across culture time for change Barbados Use the following 'fish bone' framework to identify what you believe to be the most critical factors leading to one of the following critical...
-
For a 750 kVA, 2300 V/230 V transformer with R = 0.093 2, R = 0.00093 2, X = 0.28 22, and X = 0.0028 2, calculate the voltage regulation at unity power factor, 0.7 lagging power factor, 0.7 leading...
-
19 (10 points) Fill in the blanks of the following C++ programs that print the given output. a. #include using namespace std; int main() C int number; > number= while [ cout < < number 1 return 0;...
-
Find the coefficient of skewness = (Mean Mode)/S.D.: Calculate Pearsons measure of skewness on the basis of Mean, Mode and Standard deviation Calculate from the undernoted table the measure of...
-
The 4p 3s transition in sodium produces a double spectral line at 330.237 nm and 330.298 nm. Whats the energy splitting of the 4p level?
-
Read Case Study Google: Dont Be Evil Unless and answer the following: Given its mission of providing information to the world, should Google censor searches in China?
-
In a periodic inventory system, the closing entries include both a debit and a credit to the Merchandise Inventory account. What is the purpose of these entries?
-
The technique for calculating a bid price can be extended to many other types of problems. Answer the following questions using the same technique as setting a bid price; that is, set the project NPV...
-
Your company has been approached to bid on a contract to sell 19,000 voice recognition (VR) computer keyboards a year for four years. Due to technological improvements, beyond that time they will be...
-
Under current accounting standards, purchases ofAt January 1, Year 1, Brooks Company had total assets of $1,800,000 and at December 31, Year 1, its total assets were $2,200,000. Brooks' net sales for...
-
It is important to separate the results of active operating income from the investment returns on the income statement because Select answer from the options below management's role in managing...
-
In the last slide, I mentioned that the classification of rental income as business income is rare. An individual could own multiple rental properties as a sole proprietor and earn business income...
Study smarter with the SolutionInn App