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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 decimal place. Population (millions) Working-age population Labour force Unemployed CPI (2002- 100) 2018 24.5 15 6.8 0.6 102 2019 25.6 14.5 8 0.7 105 2020 26.75 17.5 %, for 2019 is 0.75 187 a. What are the labour force participation rates in each year? The labour force participation rate for 2018 is [ b. What are the unemployment rates in each year? The unemployment rate for 2018 is [ ]%, for 2019 is [ c. What are the annual inflation rates in the years 2019 and 2020? The annual inflation rate in the year 2019 is % and for 2020 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 %, for 2020 is % for 2020 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.

Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses below rounded to one decimal place. Population (millions) Working-age population Labour force Unemployed CPI (2002- 100) 2018 24.5 15 6.8 0.6 102 2019 25.6 14.5 8 0.7 105 2020 26.75 17.5 %, for 2019 is 0.75 187 a. What are the labour force participation rates in each year? The labour force participation rate for 2018 is [ b. What are the unemployment rates in each year? The unemployment rate for 2018 is [ ]%, for 2019 is [ c. What are the annual inflation rates in the years 2019 and 2020? The annual inflation rate in the year 2019 is % and for 2020 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 %, for 2020 is % for 2020 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.

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 45P: A country with a population of eight million adults has five million employed, 500,000 unemployed,...
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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 decimal place. Population (millions) Working-age population. Labour force Unemployed CPI (2002= 100) 2018 24.5 15 6.8 0.6 182 a. What are the labour force participation rates in each year? The labour force participation rate for 2018 is 2019 25.6 14.5 8 0.7 185 %, for 2019 is 2020 26.75 17.5 9 8.75 187 1%, for 2020 Is b. What are the unemployment rates in each year? The unemployment rate for 2018 is [ %, for 2019 is [ c. What are the annual inflation rates in the years 2019 and 2020? The annual inflation rate in the year 2019 IS [ % and for 2020 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. %, for 2020 is %
Transcribed Image Text:Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses below rounded to one decimal place. Population (millions) Working-age population. Labour force Unemployed CPI (2002= 100) 2018 24.5 15 6.8 0.6 182 a. What are the labour force participation rates in each year? The labour force participation rate for 2018 is 2019 25.6 14.5 8 0.7 185 %, for 2019 is 2020 26.75 17.5 9 8.75 187 1%, for 2020 Is b. What are the unemployment rates in each year? The unemployment rate for 2018 is [ %, for 2019 is [ c. What are the annual inflation rates in the years 2019 and 2020? The annual inflation rate in the year 2019 IS [ % and for 2020 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. %, for 2020 is %
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