Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 10 of 20 This Suppose you are given the following information Labor force 212.14 Adults in the military 1.37 Nonadult population 53 52 Employed

image text in transcribed
Question 10 of 20 This Suppose you are given the following information Labor force 212.14 Adults in the military 1.37 Nonadult population 53 52 Employed adults 195 21 Institutionalized adults 2 44 Nonmilitary, noninstitutionalized adults not in labor force 42.09 a. What is the total population? njillion. (Enter your response rounded to one decimal place.) b. Calculate the total number of unemployed people. million. (Enter your response rounded to one decimal place ) Calculate the unemployment rate. % (Enter your response as a percentage rounded to two decimal places.) c. Calculate the labor force participation rate. % (Enter your response as a percentage rounded to one decimal place )

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

Marketing

Authors: John McMurry, Robert Fay

13th Edition

125973806X, 9781259738067

More Books

Students also viewed these Economics questions