Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose the population (age 16 and over) of Madagascar is 200 million; 9 million are unemployed, and 102 million hold jobs. Indicate the rate of

Suppose the population (age 16 and over) of Madagascar is 200 million; 9 million are unemployed, and 102 million hold jobs. Indicate the rate of unemployment of Madagascar.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Suppose the population {age 16 and over) of Duiadagascsr is EDD million; 9 million are unemployed, and 102 million hold jobs. Indicate the rate of unemployment of Madagascar. O The unemployment rate is 4.5 percent CI The unemployment rate is 15 percent CI The unemployment rate is 3.1 percent (ll The unemployment rate is 3.3 percent Say.r that initially the nominal interest rate is 9% and prices are stable, but the ination rate the following year rises to 'lfe Tithe real rate of interest is to remain Imchanged, the nominal interest rate in the second year must: O rise by 9 percentage points. O rise by 6 percentage points. O rise by 3 percentage points. O remain unchanged. If the population older than 16 years of age equals 150 million, the labor force equals 110 million, and the total number of persons employed equals 96 million, then the unemployment rate is: O 8 percent. O 9.3 percent. O 10.9 percent. O 12.7 percent. O 28 percent.Use the data below to answer the following question. Population 60 million Number employed full time 38 million Number employed part time 15 million Number unemployed 2 million What is the unemployment rate of the economy? O 3.3 percent O 4.0 percent 5.0 percent O 3.6 percentSuppose you live in a community of 100 people where everyone who is able to do so eeeke uncut ESE! people are ever 1:5 years old and I53 of them are employed, what is the unemployment rate in this eommmity? Q 12% o 15% {j 15% Q mas o 25%

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

Green Jobs For Sustainable Development

Authors: Ana Maria Boromisa, Sanja Tišma

1st Edition

131775185X, 9781317751854

More Books

Students also viewed these Economics questions

Question

Do not come to the conclusion too quickly

Answered: 1 week ago

Question

Engage everyone in the dialogue

Answered: 1 week ago