Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. When total population of a society is 11,000. Out of them children are 3000, Aged are 2500, full time students are 1500, and 560

image text in transcribed
8. When total population of a society is 11,000. Out of them children are 3000, Aged are 2500, full time students are 1500, and 560 persons are looking for jobs. Find out labor participation rate and unemployment rate accordingly? 9. IF inflation increased by 2 percent every year from the year 2000 for next five years. And unemployment rate reduced by 1 percent average during that period from 29 percent. Find the relationship between this two. Explain with graphical representation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Capitalist Political Economy Thinkers And Theories

Authors: Heather Whiteside

1st Edition

0429888031, 9780429888038

More Books

Students also viewed these Economics questions