Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 3 The table shows data on the population in the imaginary country of Medinia. Component Millions Male Female Not in the labor force 45
QUESTION 3 The table shows data on the population in the imaginary country of Medinia. Component Millions Male Female Not in the labor force 45 35 Unemployment 10 15 Working full-time 85 65 Under 16 15 10 Retired 40 20 Working part-time 20 5 Using the above data, calculate: a) Total population (3 marks) b) Total labor force (3 marks) c) Total labor force participation rate (3 marks) d) Unemployment rate (3 marks) e) Total not in the labor force
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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