Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses be 2018 23 15 7.6 0.7 106 Population (millions) Working-age population Labour force Unemployed CPI (2002 = 100) a. What are the labour force participation rates in each year? 2019 24.5 16.5 8.7 0.8 108 2020 26.09 19.0 9 0.7 112

ENGR.ECONOMIC ANALYSIS
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Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses below rounded to one di
2018
23
15
7.6
0.7
106
2019
24.5
16.5
8.7
0.8
108
Population (millions)
Working-age population
Labour force
Unemployed
CPI (2002 = 100)
a. What are the labour force participation rates in each year?
The labour force participation rate for 2018 is 50.67 %, for 2019 is
b. What are the unemployment rates in each year?
The unemployment rate for 2018 is 9.21 %, for 2019 is 9.20 %, for 2020 is
c. What are the annual inflation rates in the years 2019 and 2020?
1.89% and for 2020 is
The annual inflation rate in the year 2019 is
d. What was the percentage increase in population in the years 2019 and 2020?
The percentage increase in population in the year 2019 is
% and in 2020 is
e. If the population continues to increase at this rate, how long will it take for the population to double?
It will take about
years for the population to double.
2020
26.09
19.0
9
0.7
112
52.73 %, for 2020 is
3.70 %.
< Prev 14 of 14
7.78 %.
%.
47.37 %.
Next
4
Transcribed Image Text:Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses below rounded to one di 2018 23 15 7.6 0.7 106 2019 24.5 16.5 8.7 0.8 108 Population (millions) Working-age population Labour force Unemployed CPI (2002 = 100) a. What are the labour force participation rates in each year? The labour force participation rate for 2018 is 50.67 %, for 2019 is b. What are the unemployment rates in each year? The unemployment rate for 2018 is 9.21 %, for 2019 is 9.20 %, for 2020 is c. What are the annual inflation rates in the years 2019 and 2020? 1.89% and for 2020 is The annual inflation rate in the year 2019 is d. What was the percentage increase in population in the years 2019 and 2020? The percentage increase in population in the year 2019 is % and in 2020 is e. If the population continues to increase at this rate, how long will it take for the population to double? It will take about years for the population to double. 2020 26.09 19.0 9 0.7 112 52.73 %, for 2020 is 3.70 %. < Prev 14 of 14 7.78 %. %. 47.37 %. Next 4
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