( i NEED THE LAST 3 QUESTIONS PLEASE) The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percentages to two decimal places. Category Number of people Employed 5505 Unemployed 452 Not in the labor force 571 What is the total labor force? What is the labor force participation rate? % What is the unemployment rate? % Suppose 246 of the 452 unemployed people have been unemployed for so long that they stop looking for work. What is the new labor force? What is the new labor force participation rate? % What is the new unemployment rate?

Q: 14. The unemployed are those people who  do not have jobs. are not employed but are seeking work are…

A: Unemployment refers to a situation in which individuals are willing to work at the market wage rate…

Q: 4. The following table shows the UK consumer prices index for the years 2013-16 based on 2014=100.…

A: Here, CPI of different years are given with 2014 as base year.

Q: 1. A country with a population of eight million adults has five million employed, 500,000…

A: Total Population=8 million=8,000,000 Number of People employed=5 million=5,000,000 Number of people…

Q: Below are some hypothetical statistics for a country in September 2020. Compute the unemployment…

A: Labor Force in an economy refers to the sum total of both employed and unemployed people.…

Q: dentify the term that describes the category of people, who are retired and not ready to work in an…

A: Labor force = Employed + Unemployed Retired and people not ready to work are not part of labor force…

Q: Why could the employment rate be a more useful statistic than the unemployment rate? Explain in your…

A: Macroeconomics is the branch of social science that studies the behavior associated degree…

Q: PROBLEMS ON UNEMPLOYMENT AND INFLATION Number of people employed = 120,500; number of people…

A: Labor Force = Total Employed + Total Unemployed Unemployment Rate = Total Unemployed / Total Labor…

Q: The consumer price index (CPI) is a fixed-weight index. It compares the price of a fixed bundle of…

A: Rs. 100 (X) Rs. 150 Y Rs. 25 (Z) 2018 10 10.50 30 2019 10.50 20…

Q: 1. How much is that? Using the data on the consumer price index reported in Table S.1, calculate the…

A: The measure that depicts the average weighted basket of goods and services being purchased by the…

Q: 4. The following table shows the UK consumer prices index for the years 2013-16 based on 2014=100.…

A: Macroeconomics is a sub-part of economics that is used to understand, the policies and fiscal…

Q: 5. Fill in the blank with a type of unemployment. a. You graduate from high school and look for a…

A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,…

Q: 7. Libby: "The unemployment rate went up between May and June of 1991." Michael: "The number of…

A: Unemployment includes those people who are looking for jobs but are unable to secure them.…

Q: 1. In the year 1980, when Thatcher came to power in UK, inflation was .. and unemployment rate was…

A: The inflation rate is the rate of increase in the general price level prevailing in the economy. It…

Q: To what extent is the unemployment rate reflective of the country’s unemployment situation and the…

A: Most estimates offered thus far appear to show a reasonable understanding of the "real unemployment"…

Q: 5. Why do teenagers have the highest unemployment rate in the economy?

A: Answer: Introduction: Unemployment refers to the situation where people are willing and able to work…

Q: Explain how and why it might be possible for the unemployment rate to fall during the worst part of…

A: A recession is a period of economic contraction. During recession businesses experience decreased…

Q: 7. The number of discouraged unemployed workers rose to 506,400, 2 ½ times as many as in the…

A:

Q: There is no.......... unemployment at full employment

A: Answer to the question is as follows :

Q: 4) Suppose the number of employed people in an economy is 6,532,451. The unemployment rate in this…

A: Labor force = unemployed + employed  Let's denote unemployed as X => Labor force = X + employed…

Q: Question-01: The following table shows the average retail price of butter and the Consumer Price…

A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts…

Q: 12. A newspaper article reports that the unemployment rate fell this month, but the number of people…

A: In the economy, both employment and unemployment rates are rising at the same time. This is due to…

Q: Does an increase in the price of imported Belgian chocolate affect the CPI or the GDP deflator more?…

A: We know, import is not a part of the calculation for GDP. The goods that are imported(M) is deducted…

Q: 1.  Suppose you are given the following data for a small economy: Number of unemployed workers:…

A: The unemployment rate shows the proportion of the labor force that is unemployed. It is calculated…

Q: What is the cost of unemployment (Explain just one point)? Why high rate of unemployment can be…

A: Unemployment refers to a situation where the workers are ready to offer their labor at the existing…

Q: 68. The unemployment rate is the number of unemployed people, expressed as a. a ratio of total…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: * Question 17 Cartoon question What economic condition motivated Phil to request a raise? Use the…

A: Meaning of Full Employment: The term full employment refers to the situation under which all the…

Q: 5- Consumption basket consumed by an average consumer and the price level of each good in the basket…

A: a) CPI for 2012=Quantity of coffee*Price of coffee(2012)+Quantity of tea*Price of tea(2012)+Quantity…

Q: Question 3 The following table contains prices for items consumed by a person over time. Price of…

A: price index, measure of relative rate changes, which include a sequence of numbers organized in…

Q: ) What is the Service Corps of Retired Executives (SCORE)? How does it assist small-business owners?…

A: The Service Corps of Retired Executives (SCORE) refers to a non-profit organization whose members…

Q: 2. In a different economy the CPI went from 150 in 2014 to 130 in 2015. Did this economy experience…

A: The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by…

Q: The graph compares employment rates in three sectors of the economy, in the UK betwe- c000-2010.…

A: The Organisation for Economic Co-operation and Development defines the employment rate as the…

Q: 1. The table below reports the unemployment rate, labor force participation rate, and (working-age)…

A: The labor force participation rate is an estimate of an economy's active workforce. The formula is…

Q: Question 5 Year 2010 2011 2012 2013 2014 2015 Economic Growth (%) 2.7 1.7 1.3 2.7 2.5 1.9…

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Q: Incorrect Question 1 A country has 100 million people, 80 million of whom are adult…

A: People who are working or have a job are considered employed and people who are looking for a job…

Q: (21) Carla just started her new job working at the Department of Commerce. In order to see whether…

A: Answer: (21). Correct option: option c (The inflation rate, the unemployment rate, and the growth…

Q: Question 2. a) Calculate the CPI of 2009. b) Calculate the inflation rate of 2009. c) If your salary…

A: CPI is an index that measures inflation by analysing changes in prices of goods & services that…

Q: 1.  Suppose you are given the following data for a small economy: Number of unemployed workers:…

A: Hi, thank you for the question. As per the guidelines, we are allowed to attempt only first…

Q: D Question 27 Your grandmother says that things are lot better now for the average worker compared…

A: To find the best and the worst decades we find the a ratio which indicates percentage change in CPI…

Q: 6. "You might as well say that the unemployment rate would be zero if everyone just quit looking for…

A: Answer -

Q: Question attached

A: The unemployment rate is the number of unemployed people in the country being divided by the total…

Q: Question 3. The following table contains prices for items consumed by a person over time. Year Price…

A: price index, measure of relative rate changes, which include a sequence of numbers organized in…

Q: 6- In February 2020, 15,300 people were employed, 2,700 were unemployed, and 7,000 people were not…

A: a)i) Unemployment rate is given as =(Unemployed/labor force)*100 = [Unemployed/(employed+…