Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 03, 2024

Consider the country called the Republic of April. In this country, we have the following information: Number of people 16 and over: 1,000,000 Number of

Consider the country called the "Republic of April". In this country, we have the following information:

Number of people 16 and over: 1,000,000

Number of people in institutions like prison: 60,000

Number of people in the military: 40,000

Number of people working: 520,000

Number of people unemployed: 38,000

What is the labor force participation rate in this country?

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

Recommended Textbook for

What Environmentalists Need To Know About Economics

Authors: Jason Scorse

1st Edition

0230107311, 9780230107311

More Books

Students also viewed these Economics questions

Question

★★★★★

Are useful life and physical life the same thing relative to plant assets? Provide some examples that illustrate your answer.

Answered: 1 week ago

Question

★★★★★

Kevlar, a step-growth polymer used in bulletproof vests, is formulated as follows. What monomeric unit is used to make Kevlar?

Answered: 1 week ago

Question

★★★★★

73. Suppose that we continually roll a die until the sum of all throws exceeds 100. What is the most likely value of this total when you stop?

Answered: 1 week ago

Question

★★★★★

Red Fire Inc. produces fire trucks. The company uses a normal job-order costing system to calculate its cost of goods manufactured. The company's policy is to price its job at cost plus 30% markup....

Answered: 1 week ago

Question

★★★★★

Schedule of Cash Collections of Accounts Receivable Furry Friends Supplies Inc., a pet wholesale supplier, was organized on May 1. Projected sales for each of the first three months of operations are...

Answered: 1 week ago

Question

★★★★★

We have a French Amortization Loan with the following terms. Using an annual calculation, calculate the interest payment in year 3. (The French loan has constant payments in each period including...

Answered: 1 week ago

Question

★★★★★

John and Mary Hazlitt left the airport taxi and carried their bags into their high - rise apartment building. They admired the gifts they had brought back - an illustrated book for themselves; a...

Answered: 1 week ago

Question

★★★★★

The Assessable Unit Manager (AUM) meets with the external Independent Auditor (IPA) to prepare and submit the Annual Statement of Assurance (ASOA) feeder package to the Head of the Reporting...

Answered: 1 week ago

Question

★★★★★

Knightro has three variables that store the length of each of his runs, run1, run2, run3 and he is trying to find the average of these three numbers and save it into the variable name overall. Write...

Answered: 1 week ago

Question

★★★★★

Problem 2. By using R function generate a simple and random sample of size n for the population X ~N(2, 32). 3/n (i) Let n = 20, compute X-2 and (n-1)52. Then, repeat (i) for 100 times X-2 and (n-1)...

Answered: 1 week ago

Question

★★★★★

What does the term "acceptable level" mean when used in the GAO conceptual framework to describe threats to independence? The circumstances are fluid but stable in terms of the auditor's...

Answered: 1 week ago

Question

★★★★★

6. Think of a situation where you noticed that the other person or people did not like or understand your behaviour. Examine your own intentions behind the behaviour.

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts: historical reason, goal orientation, core values and top performance.

Answered: 1 week ago

Question

★★★★★

1. To understand how to set goals in a communication process

Answered: 1 week ago

Previous Question Next Question