Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 12, 2024

In a country with a population of 75 million people, there are 19 million children under the age of 15 years, 46 million employed, 8

In a country with a population of 75 million people, there are 19 million children under the age of 15 years, 46 million employed, 8 million unemployed and 1 million fulltime students.

Use this information to answer the questions below.

Calculate the unemployment rate.

Calculate the employment rate.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

The Practice Of Statistics

Authors: Daren S. Starnes, Josh Tabor

6th Edition

978-1319113339

Students also viewed these Economics questions

Question

★★★★★

On December 31, 2009, the inventory of Powhattan Company amounts to $800,000. During 2010, the company decides to use the dollar-value LIFO method of costing inventories. On December 31, 2010, the...

Answered: 1 week ago

Question

★★★★★

Describe the framing effect and how it might affect the decision-making process.

Answered: 1 week ago

Question

★★★★★

MidWest Amusements is in the process of reviewing 10 proposals for new rides at its theme parks in cities scattered throughout the American heartland. The companys only experienced safety engineer...

Answered: 1 week ago

Question

★★★★★

Questlon 2 (of 4) 2. value: 1.00 points Using the following income statements, perform the calculations needed for vertical analyses. (Round your percentage answers to 1 decimal place.) LOCKEY...

Answered: 1 week ago

Question

★★★★★

Consider a collection of envelopes consisting of 1 red envelope, 2 blue envelopes, 2 green envelopes, and 3 yellow envelopes. If two envelopes are selected at random, with replacement, determine the...

Answered: 1 week ago

Question

★★★★★

A FI has a $100 million portfolio of six-year Eurodollar bonds that have an 8 percent coupon. The bonds are trading at par and have a duration of five years. The FI wishes to hedge the portfolio with...

Answered: 1 week ago

Question

★★★★★

AstraZeneca is a British-Swedish multinational pharmaceutical and biotechnology company with its headquarters at the Cambridge Biomedical Campus in Cambridge, England. It wants to manufacture...

Answered: 1 week ago

Question

★★★★★

CS Publishing inc: Foreign exchange rate risk management case study Why is CS Pub changing its business model? what are pros and cons of making these changes?

Answered: 1 week ago

Question

★★★★★

During the gasoline "crises" of the 1970s and early 1980s, many people asked why, in view of the gasoline shortage, such "utterly wasteful uses of gasoline" as auto racing were still permitted. Many...

Answered: 1 week ago

Question

★★★★★

Explain the steps involved in training programmes.

Answered: 1 week ago

Previous Question Next Question