If the number of employed workers fell to 150 million and the​ working-age population increased to 300​ million, what would the​ employment-population ratio​ be? --------- percentage?

Q: Suppose that the current (first) generation consists of 3 million people, half of whom are women.…

A: People in current generation: 3 million Women in current generation: 50% of 3 million=1.5 million…

Q: 8) Can this program have no effect on labor supply? If yes show how graphically. h) Can this program…

A: the social security disability insurance(DI) program was restructured so that the disabled could get…

Q: al domestic expenditure E, number of people living in poverty P, and of household members in a…

A: *Answer:  Introduction: A rate of change is the relationship between a change in an output quantity…

Q: Table: Employment Data Full-time employed Not working but looking for work Part-time employed…

A: Labor force equals total workforce in employed as well as unemployed workers.

Q: 1. Suppose the economy's production function is Y = AKO.3N0.7. If K = 2000, N = 100, and A = 1, then…

A: Given the production function, Y = AK0.3N0.7K = 2000N = 100A = 1

Q: Earnings of individuals and companies inside a country is part of the GDP. O a. even if they are…

A: GDP is the value of final goods and services produced in the country by citizens and non citizens.…

Q: The participation of women in the U.S. labor force has risen dramatically since 1970. True or False:…

A: Here, it is given that the US had experienced an increase in the number of women in the labor force…

Q: If the number of people unemployed is 100, the number of people employed is 1000, and the…

A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…

Q: Firms compensate workers with "benefits" in addition to wages and salaries health insurance. Suppose…

A: Note - As per guidelines we answer three parts at one time. Kindy reposts the other parts.   a.…

Q: A. What is the equilibrium wage for retail associates? How many associates are employed at the…

A: The quantity of labor that employers seek to hire at a given wage rate during a given span of time…

Q: 1) Suppose the marginal product of labor in the ecohollly .005N), while the supply of labor is 2000…

A: The market clearing wage would then be the wage at which the supply of labour is equal to the demand…

Q: During 2008, The rawhide company produced enough rawhide for 1000 dog chews. The dog chew…

A: NOTE: We'll answer the first question since the exact one wasn't specified. Please submit a new…

Q: Help Save &E The table below shows labour force information for a hypothetical economy, Assiniboia…

A: Answer: Formulas to be used: 1. Labor force population=Total population 15 years and above-Those 15…

Q: During 2008, The rawhide company produced enough rawhide for 1000 dog chews. The dog chew…

A: The term "Gross Domestic Product" refers to the total monetary worth of all final goods and services…

Q: How to economists conceptualise Human Capital? Why are these differences important both empirically…

A: Capital: It refers to the money that has been used for the development of the economy. The more…

Q: Question text Which of the following is a determinant of productivity? a. Physical capital b. Tax…

A: (8)Question text: Which of the following is a determinant of productivity? a. Physical capital b.…

Q: Next C Which statement correctly describes the U.S. labor force participation rate? The U.S. labor…

A: The workforce or labour force is the labour pool either in employment or unemployed.

Q: Que In the context of the job-search model seen in class, if the economy is in the steady-state…

A: PLEASE FIND THE ANSWER BELOW.

Q: The GDP deflator is calculated using O A. Real GDP - Nominal GDP x 100 OB. Real GOP MA x 100 Nominal…

A: The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of…

Q: The following data give the dates of successive turning points in economic activity and the…

A: Expansion period is the phase of the business cycle where real GDP grows for two or more consecutive…

Q: Which of these statements is not true when we discuss GDP calculation? O a. GDP includes earnings of…

A: GDP refers to the sum of the value of goods and services produced in a country in a particular…

Q: During 2008, The rawhide company produced enough rawhide for 1000 dog chews. The dog chew…

A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Q: Diminishing Returns? An economy increased employment first from 10,000 to 20,000 and then from…

A: Diminishing marginal returns occur we hold some input fixed​ and increase the amount of the variable…

Q: Let’s see how GDP per person can be affected by changes in the fraction of citizens who work. This…

A: Given  "Every employed worker produces $50,000 worth of output" Part a) If the employment-population…

Q: Aggregate labour hours, L, are given by L = 51*(1-t), where 't' is the rate of income tax. The real…

A: In this situation:- Aggregate labour hours=L=51*(1-t) where, t is the rate of income tax Also, the…

Q: The following data give the dates of successive turning points in economic activity and the…

A: The business cycle represents those periods of cyclical fluctuations that occur in an economy in…

Q: Category Number of people 10,000 Labor force Employed Working-age population 9,000 12,000 In the…

A: Labor force includes both employed and unemployed workers.

Q: In recent years, unemployment rates in several European countries have been higher than unemployment…

A: The unemployment rate in the United States (US) and Europe differs for a variety of reasons. First,…

Q: How impact the below factors for Secondary Education, General Pupils in Austria and United Kingdom ?…

A: Government expenditure on secondary education means that the country is focusing on monetary…

Q: Answer both parts A and B a) If the number of unemployed equals 10,000, the number of emploved b) In…

A: a) Given :  Number of unemployed people = 10,000Number of employed people = 70,000Number of people…

Q: 2. Let the national-income model be: Y = C + lo + G C= a - b(Y – To) G = gY (a) Identify the…

A: Given equations:- Y = C + I0 + G C = a + b(Y - T) G = gY

Q: If the total of Agriculture sector is OMR 7 billion, total of industrial sector is OMR 7 billion and…

A: According to the output approach, the total GDP equals the sum of the output of the threes sectors…

Q: Question 11 Gross domestic product (GDP) is best defined as the total market value of all O a) final…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: The tables below show a nation's labor demand and labor supply schedules and its production…

A: Equilibrium is a stable situation in an economy where the forces of demand and supply interact. The…

Q: migrants? Select one: O a. labour demand shifts to the left; wage rate decreases and level of…

A: Introduction  In this given question related labor market

Q: (c). Given the national-income model: Y = C + lo + Go C = a + B (Y - T) (a > 0,0 0,0 < 6 < 1) a-…

A: The national income is the sum of aggregate expenditure incurred by various sectors of the economy…

Q: rany given job, how do the economy-wide labour market conditions affect a rker's bargaining power?…

A: Bargaining with an enterprise has evolved over a period of time and has devolved into a full-blown…

Q: QUESTION 20 Suppose that a simple economy produces only the goods and services shown in the table.…

A: Note: Since you've asked multiple question, we will solve the first question for you. If you want…

Q: Social Security benefits are increased each year in proportion to the increase in the CPI, even…

A: The measure that depicts the change in consumer prices based on a basket of goods and services over…

Q: Question 20 prices. Nominal gross domestic product (GDP) is GDP measured in O a) base O b) current…

A: GDP is the value of all the goods and services in an economy at a given point of time. GDP is…

Q: - *Suppose Congress were to pass legislation requiring that businesses employing workers with three…

A: In minimum wage law, there is a minimum wage that needs to be paid to the laborers, it is generally…

Q: Figure 3.2 Wage Rate ($ per day) 15- 10 5- Quantity of Labor $15; 30 workers 5; 30 workers 30 $5; 20…

A: The above graph shows labor market that determines equilibrium wage rate and number of workers…

Q: QUESTION 2 Suppose that an economy's production function is y-ALO.5g0.3y0.7, where Y is output, A is…

A:

Q: QUESTION 19 Transfer payments are O a. excluded when calculating GDP because they only reflect…

A: * ANSWER :-  * The OPTION B (excluded when calculating GDP because they do not reflect current…

Q: , while Services sells 70% of its output to Goods and retains . Find equilibrium prices for the…

A: A goods is a tangible thing that buyers want or own. A service is definitely not a substantial or…

Q: Assume that the labour demand equation for a fictional country is La= 90 - 2(w), where w is the wage…

A: Here we calculate the following terms by using the given information ,and fill the blanks so the…

Q: 2) Draw the PF & Labor Market model assuming that initially the country Austria had 200,000 workers…

A: Given that; Austria had 200,000 workers at a wage of $20.00 per hour and producing close to $2.5…

Q: 80% O 75% 23-24 Te daram population a - 20% Supply Leber Demand What is the labor force…

A: Total adult population = 100 Government regulated minimum wage = $8

Q: Using the table above, nominal GDP for Doc's Coffee in 2013 was O $47,000 O $60,000

A: The Nominal GDP is simply calculated by multiplying the production or output with prices of a given…