Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose in an economy the number of people not in the labor is 10. The labor force participation rate is 80% and the unemployment rate

image text in transcribed
image text in transcribed
Suppose in an economy the number of people not in the labor is 10. The labor force participation rate is 80% and the unemployment rate is 30%. What is the number of employed individuals? 012 028 Q40 @50

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

Step: 3

blur-text-image

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

Cambridge International AS And A Level Economics Coursebook

Authors: Colin Bamford, Susan Grant

3rd Edition

1107679516, 978-1107679511

More Books

Students also viewed these Economics questions

Question

In Exercises find -1 and verify that (fof )(x) = (f of)(x) =

Answered: 1 week ago

Question

Brief the importance of span of control and its concepts.

Answered: 1 week ago

Question

What is meant by decentralisation?

Answered: 1 week ago

Question

Write down the Limitation of Beer - Lamberts law?

Answered: 1 week ago

Question

Discuss the Hawthorne experiments in detail

Answered: 1 week ago

Question

2. It is the results achieved that are important.

Answered: 1 week ago