FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is __. Now assume that 10 people drop out of

Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is __. Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is __

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

Step: 3

blur-text-image

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

Macroeconomics

Macroeconomics

Authors: Robert J Gordon

12th edition

138014914, 978-0138014919

More Books

Students also viewed these Economics questions

Question

★★★★★
Access the financial statements of BHP Billiton plc for the company's year ended June 30, 2014. Also access the financial statements of Newfield Exploration Company for the company's year ended...

Answered: 1 week ago

Question

★★★★★
Growth, value, large-cap, and small-cap investing are all examples of: a. Style investment strategies. b. Sector investment strategies. c. Index investment strategies. d. Lifestyle investment...

Answered: 1 week ago

Question

★★★★★
What can you say about causality in the antecedentoutcome model? Would it be possible that distress or satisfaction experienced at work or family elicits the experiences of workfamily conflict or...

Answered: 1 week ago

Question

★★★★★
Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Required Answer the following for each bond issue: a. Were the...

Answered: 1 week ago

Question

★★★★★
In java, Use A* search to find the the destination cell in a N by N matrix. The destination cell is (N,N). One important condition is we can only move as many spaces as the value of the cell...

Answered: 1 week ago

Question

★★★★★
In Kerns comparative ratio analysis, the 2018 inventory turnover ratio for Century Chocolate is closest to: A . 5.07. B . 5.42. C . 5.55. Hans Annan, CFA, a food and beverage analyst, is reviewing...

Answered: 1 week ago

Question

★★★★★
Mark an option position that will provide a CEILING to the producer of a commodity. Profit Profit Long forward Short forward Stock Price Stock Price Profit Profit Long call Short call Stock Price...

Answered: 1 week ago

Question

★★★★★
What are the role of supervisors ?

Answered: 1 week ago

Question

★★★★★
Cheyenne Vision Inc. opened for business on Jan 1, and uses a perpetual inventory system. During January, the company had the following purchases and sales for one of its products: Purchases Sales...

Answered: 1 week ago

Question

★★★★★
A cube with edge length L = 0.25 m and density Q = 0.88103 kg/m floats in equilibrium in a liquid of density = 15103 kg/m3, with the top of the cube a distance d above the liquid's surface, as shown...

Answered: 1 week ago

Question

★★★★★
Hill Corp. had 600,000 shares of common stock outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $1,050,000 for the year ending December 31, 2010....

Answered: 1 week ago

Question

★★★★★
7.1 A mammography center performs eleven different procedures. The volume of each procedure during an eight-month period and the standard hours per procedure are shown in Table EX 7.1. Table EX 7.1...

Answered: 1 week ago

Question

★★★★★
Define job pricing. What is the purpose of job pricing?

Answered: 1 week ago

Question

★★★★★
What are some companywide pay plans? Briefly discuss each.

Answered: 1 week ago

Question

★★★★★
What are the contextual influences on direct financial compensation?

Answered: 1 week ago

Previous Question Next Question