Answered step by step
Verified Expert Solution
Question
1 Approved Answer
3018 Rohan's Population - 25,000 Persons in Institutions - 500 Persons Working - 3,500 Persons under 16 - 8,000 Persons in Military - 9,000 Unemployed
3018 Rohan's Population - 25,000 Persons in Institutions - 500 Persons Working - 3,500 Persons under 16 - 8,000 Persons in Military - 9,000 Unemployed Persons - 1,500 3019 Rohan's Population - 25,750 Persons in Institutions - 500 Persons Working - 3,200 Persons under 16 - 8,250 Persons in Military - 11,000 Unemployed Persons - 1,000 a) What is Rohan's current (3019) labor force? Show your work. b) How many persons in Rohan are unwilling to work in 3019 even though they could? Show your work. c) What is the 3019 employment-to-population ratio, unemployment rate, and labor force participation rate in Rohan? Show your work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started