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

Question

1 Approved Answer

If the number of unemployed equals 20,000, the number of employed equals 60,000, and the working age population is 300,000, then calculate the following. (Type

image text in transcribed
If the number of unemployed equals 20,000, the number of employed equals 60,000, and the working age population is 300,000, then calculate the following. (Type in numerical values for your answers; Approximate to 2 decimal places in case your answer has decimals.) (A) Labor force participation rate is % (6) Unemployment rate is 1

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

The Sixth International Congress On Accounting 1952

The Sixth International Congress On Accounting 1952

Authors: Various

1st Edition

0367512807, 9780367512804

More Books

Students also viewed these Accounting questions

Question

★★★★★
A positively charged particle of mass 7.2 10-8 kg is traveling due east with a speed of 85 m/s and enters a 0.31-T uniform magnetic field. The particle moves through one-quarter of a circle in a...

Answered: 1 week ago

Question

★★★★★
For the following exercises, graph the functions for two periods and determine the amplitude or stretching factor, period, midline equation, and asymptotes. f(x) = -2sin(x 2 3

Answered: 1 week ago

Question

★★★★★
1. Alphas balance-of-payments data for 2016 are shown below. All figures are in billions of dollars. What are the (a) balance on goods, (b) balance on goods and services, (c) balance on current...

Answered: 1 week ago

Question

★★★★★
Information on Hanleys direct labor costs for January 2013 is as follows: Actual direct labor rate ........... $ 7.50 Standard direct labor hours allowed ...... 9,000 Actual direct labor hours...

Answered: 1 week ago

Question

★★★★★
n an automobile manufacturing plant, the assembly - line workers are classified as vord per blank. ) cost ( Enter only one

Answered: 1 week ago

Question

★★★★★
For numbers 41-50. The table below shows the teaching evaluation ratings of 12 teachers of STEM Department rated independently by the students and the assistant principal. The rating scale is from 1...

Answered: 1 week ago

Question

★★★★★
To promote continuous growth and innovation among its employees, WINSERV wishes to enhance its learning and development policies.What is the MOST effective strategy for achieving this goal?...

Answered: 1 week ago

Question

★★★★★
Assignment: You are an Executive at the Canadian-based company Panamera Inc., a software company that sells and provides its services online (SaaS model). Your company's core product, initially...

Answered: 1 week ago

Question

★★★★★
The following contingency table is from the China Health and Nutrition Survey (2006)* Ever Smoked Cigarettes Household Registration Type: Urban Household Registration Type: Rural Total No Count: 2833...

Answered: 1 week ago

Question

★★★★★
Intel Corporation uses activity-based costing to allocate overhead costs. The following data is available: Activity Cost Pool ($) Cost Driver Cost Driver Volume R&D $400,000 Number of projects 50...

Answered: 1 week ago

Question

★★★★★
Serena has made an economic statement that would be categorized as normative. What did Serena say? Group of answer choices "Inflation is an increase in prices over time." "Today the inflation rate...

Answered: 1 week ago

Previous Question Next Question