Q.3.1 In a country with a population of 100 million people there are 20 million children under the age of 15 years, 50 million employed, 27 million unemployed and 3 million full time students. Calculate the unemployment rate Q.3.2 Explain, with the aid of a graph, the demand‐pull inflation

Q: When the following events happen, does the unemployment rate rise (R), fall (F), or stay the same…

A: Since number of unemployment people increase, unemployment rate increases (R).

Q: When workers and employers correctly anticipate the rate of inflation, O there will be no…

A: Unemployment will be at the natural rate --- is correct

Q: If the population of a country is 400 million, of whom 300 million are available to work, the…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: QUESTION 21 The unemployment rate in an economy is 5.4 percent. The total population of the economy…

A: CPI is measured using fixed basket of goods.

Q: The structural unemployment rate is 2.89% and the frictional unemployment rate is 2.69%. If current…

A: Structural unemployment is the unemployment that results due to mismatch between skills demanded by…

Q: In March, 2006 the labor department of the country of Jobland determined that the size of the labor…

A: In march, Jobland unemplayment rate = Unemployed / labor force * 100…

Q: In March 2007, the U.S. unemployment rate was 4.4 percent. In August 2008, the unemployment rate was…

A: The labor force is the summation of employed workers and unemployed workers. The employed workers…

Q: For each of the following events, choose whether the unemployment rate increases, decreases, stays…

A: (a). The correct option is the unemployment rate stays the same. This is because individuals that…

Q: The US unemployment rate increase from 4.6% in July 2001 to 5.9% by June 2002 without studying the…

A: Cyclical unemployment occurs when individuals lose their jobs due to a downturn in the economy’s…

Q: When the following events happen, does the unemployment rate rise, fall, or stay the same? Briefly…

A: The unemployment rate is the proportion of employed people who are also unemployed in a given…

Q: country with a population of 75 million people there are 19 million children under the age of 15…

A:

Q: 1. Describe the types of unemployment and their causes discussed in this module.  2. Describe the…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: Q)The natural rate of unemployment is the frictional rate that exists in every economy when people…

A: The unemployment rate is the important indicator which would measure the rate of unemployed people…

Q: An economy has a population of 226,500. Of them, 12,500 are unemployed and actively seeking work,…

A: Here, given information is, Total population: 226,500 Unemployed but looking for job: 12,500…

Q: In March, 2006 the labor department of the country of Jobland determined that the size of the labor…

A: The unemployment rate is the proportion of the labor force that is not currently employed but are…

Q: Inflation at lowest rate in 5 years Inflation rate (percent per year) In September, inflation in the…

A:

Q: The Detroit Free Press reported economic data for last month. Last month, the national unemployment…

A: Unemployed people are those who are capable of working but are unable to find one. This is depicted…

Q: As a result of the destruction the coronavirus pandemic has brought to America, President Trump has…

A: The unemployment insurance program provides financial support to the jobless people. During the…

Q: Provide examples and explain your answer. If inflation rises unexpectedly by 5% indicate for each of…

A: The Unexpected increase in the Inflation rate affect the following A) A union member with COLA wage…

Q: Assume the number of employed people in Pakistan is 22.5 million in 2020. The number of unemployed…

A: The Labor Participation force gives the measure of total working age population in the country. This…

Q: The table gives information reported by the Bureau of Labor Statistics for April, 2016. What is the…

A:

Q: What sort of event could lead to a simultaneous decrease in both inflation rate and the unemployment…

A: Inflation is defined because the rate at which prices rise over time. Inflation is sometimes defined…

Q: In March, 2006 the labor department of the country of Jobland determined that the size of the labor…

A: The unemployment rate  (u) tells us about the proportion of population remaining unused by the…

Q: Economists widely agree that the Consumer Price Index understates the true U.S. inflation rate.…

A: Consumer price index does not include imported goods.

Q: Federal Reserve chairman Jerome Powell has expressed that the U.S. Federal Reserve is conducting…

A: According to the question given that chairman Jerome Powell has expressed that the Fed is actively…

Q: iscuss two methods that can be used to determine the full-employment rate of unemployment and what…

A: The full Employment rate of unemployment means neutral unemployment, which is calculated as Total…

Q: Explain, with the aid of a graph, the demand-pull inflation as a cause of inflation.

A: The demand-pull inflation is so named because it occurs from the demand side of the market. This…

Q: explain the difference between cost push and demand pull inflation using diagrams

A: Inflation happens when the price level of services and goods increases, leading to reduced…

Q: In each of the following cases, does the increase in prices affect CPI, GDP deflator, or both in…

A: Since you have asked multiple questions, we will solve first question for you if you want other…

Q: In August of 2020, the United States unemployment rate was 8.4%; in September, it was 7.8%.  Which…

A: The % change formula is: % change =New -oldOld*100

Q: Look at the following data: The frictional unemployment rate is 3 percent, the natural unemployment…

A: Structural unemployment = Natural unemployment - Frictional unemployment = 6.5% - 3% = 3.5%

Q: 2. Suppose the frictional unemployment rate is 7%, the cyclical unemployment rate is 4% and the…

A: Natural rate of unemployment (NRU) is the unemployment that exists even at the point where the…

Q: Use the information in the following table to solve for the unemployment rate. Population 16 and…

A: The labor force participation rate shows the ratio of labor force and working age population or…

Q: 2.1 Use a graph to explain the trade‐off between inflation and unemployment.

A: The trade‐off between inflation and unemployment can be explained with short-run Phillip's curve.…

Q: Explain the trade-off between unemployment and inflation

A: Unemployment is a concept in which people of the country do not have jobs and do not work. On the…

Q: Classify each statement about the U.S. unemployment rate as true or false. True False Answer Bank…

A:

Q: ssume the following for the town of Boone: The town has a total population of 60,000 people, of…

A: Labor force= employed+ unemployed

Q: In an economy, the working age population is 200 million Of this total, 100 million workers are…

A: Unemployment rate is shows the fraction of people in the labor force that are unemployed. This means…

Q: Suppose the labor force is 189 million of a possible 244 million working-age adults. The total…

A: Here we calculate the standard unemployment rate by using the given information , so the calculation…

Q: 1) As the unemployment rate rises: A) the separation rate decreases. B) the young and unskilled…

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

Q: Suppose that 20,000 of the employed switches to jobs in the underground economy. When interviewed by…

A: Unemployment is a term alluding to people who are employable and effectively looking for a job yet…

Q: In 2020, Canada’s federal, provincial, and municipal governments implemented lock- downs and travel…

A: (Q) In 2020, Canada’s federal, provincial, and municipal governments implemented lockdowns and…

Q: Inflation at lowest rate in 5 years Inflation rate (percent per year) In September, inflation in the…

A:

Q: Explain the Demand Pull Inflation with example.

A: ▪︎Demand pull Inflation:- Excessive demand in the economy causes demand pull inflation, which drives…

Q: Assume you have the following information about the unemployment rate among different groups in the…

A: