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WPS Office W SOME QUESTION.INTRODUCTIONQ X + Sign in Go Premium - X = Menu * BA PG Q 5 0 7 Home Insert Page Layout References Review View Section Tools O. Click to find commands X Cut Calibri (Body) 11 A A 2 Aa- 3. E. EE Z . 4 9." AaBbCCD Paste * Copy Format List Pa... 41 Word Typesetting Find and Select Settings* S Painter Replace Styles and Formatting * Z X 3. The statistics of a survey of the Ghanaian labour market by three economics students of List Paragraph GTUC labour economics class are presented in the table below: New Style... Clear Format Table 1: Results of Population interview by age and sex Pick formatting to apply POPULATION BOTH SEXES MALE FEMALE Default Paragraph Font Less than 5 1,394,000 704,500 689,500 Footer 5-15 2,960,000 1,508,000 1,452,000 Header 16-60 5,848,000 2,762,000 3,086,000 Heading 1 61+ 575,000 268,500 306,500 Heading 2 Using this information, answer the following questions: Heading 3 (? e. Calculate the labour force participation rate (LFPR) for male, female and both Heading 4 sexes respectively. (10 MARKS) f. Assuming 4,500,000 of the labour force were attached to a job, but for some List Paragraph reasons were not working during the reference period, calculate and explain the Normal unemployment rate (6 MARKS) g. Briefly comment on the state of this labour market (4 MARKS). Show: Valid styles Show Previews Indows Go to Settings to activate Windows. Page Num: 2 Page: 2/2 |Section: 1/1 SetValue: 6in |Row: 16 Column: 1 Words: 413 _Spell Check , 02 8 0 0 0 [100% - O + 5a e [ X 2:53 PM Type here to search WE Za LA 10/4/2021WPS Office W SOME QUESTION.INTRODUCTIONQ X + Sign in Go Premium - X = Menu v BA PG Q 5 0 7 Home Insert Page Layout References Review View Section Tools Q. Click to find commands X Cut Times New Roman * 12 - A A 2 Aa- EE EE A . A9." AaBbCcDd AaBb AaBbC AaBbC Paste * Copy Format BI U A X X A . & . A . A Normal Heading 1 Heading 2 Heading 3 = Word Typesetting Find and Select Settings * S Painter Replace Try your hands on these questions as groups. Styles and Formatting * A X 1. 20% of the one thousand (1000) people who live in Accra are children with 10% being Normal aged. If a survey revealed that, apart from children (below the age of 16) and the aged. New Style... Clear Format 10% of the people are neither looking for work nor employed. a. Based on your understanding of the labour concepts, what will be the labour force Pick formatting to apply participation rate (LFPR)? (3 marks) Default Paragraph Font b. Assuming 200 people who live in Accra are actively searching for job, but do not Footer have one yet, what will be the rate of unemployment in Accra? (3 marks) c. What will be the rate of employment in Accra? (3 marks) Header Heading 1 Heading 2 2. Nhyira is employed as a secretary at GTUC Abeka campus. For each hour that she works, Heading 3 (? she is paid 20. Nhyira works for 5 days (Mondays to Friday) in a week for eight (8) hours each day. Her employer also gives her a monthly allowance totalling 35% of her Heading 4 earnings. Within the week also, Nhyira has two other part-time jobs in addition to her List Paragraph regular job. For the first one (Saturday), she works for only 4 hours and is paid 20 for Normal each hour. For the second one (Sunday), she works for 8 hours and is paid $30 per hour. She also receives a monthly transportation allowance of 10 percent of her earnings on the Show: Valid styles second part-time job. In addition, she receives a weekly remittance @100 from her dad. Show Previews Indows Use this information to answer the following questions: Go to Settings to activate Windows. Page Num: 1 Page: 1/2 Section: 1/1 SetValue: 1in |Row: 1 Column: 1 Words: 413 Spell Check . 02 8 0 08100% - O + 5a 2:53 PM Type here to search e WE Za 10/4/2021