Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The years for GDP presented in the document: Aondona Aggregate Expenditure (opens in new window) and unemployment in the document: Aondona Employment Rates (opens in

image text in transcribed
  • The years for GDP presented in the document:Aondona Aggregate Expenditure(opens in new window) and unemployment in the document:Aondona Employment Rates(opens in new window) overlap.Is there a correlation between GDP and the unemployment rate for the country of Aondona? Explain.

image text in transcribedimage text in transcribedimage text in transcribed
2015 - Q4 Consumption mrnment Spend Investment Imports Exports 2017 2016 Q1 32 15 12 11 9 57 2015 Q2 54 55 12 1 B 123 2016 Q3 22 55 54 57' 53 132 2015 Q4 78 44 45 52 157 2517 Q1 55 45 15 55 255 This data was collected for two 2111? Q2 45 2? 15 Years for \"'9 mun"? 0' Aondona. Figuras presented in 201 '1' '33 45 44 14 25 25 193 this table are represented in the 201? Q4 41 35 47 58 25 90 millions. 8.9. 12 is 12 million 2018Q1 30 54 20 1Q 15 100 Adult Monthly Participation year month Unemployed Employed Population Unemployment Formula Rate Formula 2016 January 4 15 30 21.05263158 Divide the 63.33333333 The rate is 2016 February 4.2 15.1 30 21.76165803 number of 64.33333333 calculated by 2016 March 4.21 15 30 21.91566892 unempled by 64.03333333 taking the the labor force. number of 2016 April 4.17 15.13 30 21.60621762 Multiply by 100 64.33333333 adults in the 2016 May 4.21 15 30 21.91566892 to receive the 64.03333333 labor force, 2016 June 4.5 14.72 30 23.41311134 percentage: 64.06666667 divided by the total adult 2016 July 4.5 14.7 30 23.4375 (Unemploymen 64 population and 2016 august 4.7 14.57 30 24.3902439 /LaborForce) x 64.23333333 multiplying by 2016 September 4.8 14.44 30.2 24.94802495 100 63.70860927 100 to get the 2016 October 4.9 14.36 percentage. 30.2 25.44132918 Labor Force is 63.77483444 2016 November 5.8 14 29 29.29292929 the sum of 68.27586207 2016 December 8 10.8 29.5 42.55319149 employed and 63.72881356 2017 January 9.8 9.9 unemployed 28 49.74619289 70.35714286 2017 February 8.5 10.5 30 44.73684211 63.33333333 2017 March 7.2 10.87 33 39.84504704 54.75757576 2017 April 7 10.9 32.5 39. 10614525 55.07692308

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

Students also viewed these Economics questions

Question

How many degrees of freedom does ????e have?

Answered: 1 week ago