Question
Question 3 (10 marks) Consider the population of a small country, assuming that the number of people in each category is as follows: total population
Question 3 (10 marks)
Consider the population of a small country, assuming that the number of people in each category is as follows:
total population | 1,200 |
children under 16 years old | 200 |
elderly retired people | 300 |
full-time students | 20 |
full-time homemakers | 30 |
people working full time | 420 |
people working part time | 120 |
people not working but seeking employment | 60 |
people not working but have given up seeking employment | 50 |
- Define the different types of unemployment. (2 marks)
- Identify the type of unemployment in the following situations:
+ Jobs are available in Western Australia, but an unemployed worker living in NSW cannot move to WA because of family responsibilities.
+ Demand for output in the Australia has fallen due to falling incomes that result from job layoffs caused by recession.
+An unemployed mother lives in the central city of Sydney and lacks transportation to take her to the suburbs where jobs are available.
+A University student graduates and finds that it takes a few months before finding a job.
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