Retired people who are still capable of working are: check all that apply unemployed not part of the labor force O part of the adult population O part of the labor force O not part of the adult population

Q: What happens if the number of unemployed is unchanged, but the number of employed persons increases?…

A: Unemployment is the situation where the workers who are willing to and able to work but unable to…

Q: TRUE or FALSE and explain your answer: Unemployed persons are part of the labour force.

A: Labor Force:  The Labor force includes all those people who are currently working and/or in search…

Q: Which of the following is TRUE regarding the real wage rate? The real wage rate I. is always greater…

A: In an economy, wage rate is the amount of money that an individual get when he provides his services…

Q: Economists use labor-market data to evaluate how well an economy is using its most valuable…

A: Unemployment rate = Unemployed / labor force * 100 labor force = employed + unemployed employment to…

Q: Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the…

A: The unemployment rate is defined as the percentage of the workforce that is unemployed. It's a…

Q: Who of the following people are officially unemployed? a) alex, a doctor who retired after turning…

A: Miller has not been looking for job,thereforehe is officially unemployed.

Q: Refer to the information provided in Table below to answer the question. 60% Labor force…

A: Labour force participation rate = 60% Total population of year 16 of age and older is 200million…

Q: If the labor force participation rate is rising and the working-age population is not changing, then…

A: In an economy, the working-age population is defined as the number of individuals who lies between…

Q: Individuals leave the labour force when they: (a) find employment. (b) become unemployed. (c)…

A: Unemployment has been a major concern for most of the economies across the world. The spread of the…

Q: Suppose that the adult population consists of 19.04 million, those not in the labour force are 7.56…

A: The labor market of the economy determines the equilibrium wage rate and the quantity of labor…

Q: Suppose that the county of Bigu has a population of 127 million, of which 83 million are in the…

A: Answer: Given, Total population of Bigu= 127 million Working-age population= 83 million Employed= 52…

Q: If 1 million people are unemployed and 9 million people are employed how large is the labor force?…

A: People who are willing to do work but cannot find job are considered as unemployed. People who are…

Q: In 2019 there were 10,000 people employed 1000 people unemployed add 1500 people not in the labor…

A: The labor force is sum employed and unemployed. The population is a sum of not in the labor force…

Q: Explain whether each of the following events increases decreases or has no effect on the…

A: Unemployment Rate - A Person to be considered Unemployed when he/she is willing to work but not find…

Q: Consider a small economy composed of six people: Dmitri, Frances, Jake, Latasha, Rosa, and Nick.…

A: Labor force participation rate means people who are in the labor force are a part of the adult…

Q: If the labor force is 190 million and the unemployment rate is 6.5 percent, the number of people…

A: Labor force refers to the sum of the number of people who are employed and the number of people who…

Q: Which of the following is not in the labor force?          Retired Persons       Those Unemployed…

A: In an economy, the labor force differs from the working-age population as the labor force is a part…

Q: the real wage rate is defined as the wage rate divided by a. nominal GDP. b. the money supply. C.…

A: The real wage means what the nominal wage can buy.

Q: ) The unemployment rate decreases, and the labour-force participation rate de- creases.

A: Answer for 25th Question Explanation: If AN nonworker equal is searching for work, alternative…

Q: The following scenarios have been taken from actual answers to the Current Population Survey…

A: Saul goodman is looking for job,therefore would come under unemployed.

Q: Which of the following people would be considered frictionally unemployed? a The President of the…

A: Cyclical unemployment defines unemployment matched by the recent trends in the business or industry…

Q: Adult population of the U.S. by group, 2019 # of employed 151.1 million # of unemployed 7.8 million…

A: Given that the adult population of the US by the group- Number of employed = 151.1 million Number…

Q: If the labour force participation rate is 80%, the unemployment rate is 6%, and the labour force is…

A: Unemployment is the situation in which the workers are willing to work at the prevailing market wage…

Q: Economists use labor-market data to evaluate how well an economy is using its most valuable…

A: The concept that depicts individuals who are in turn employable and also seeking a job actively but…

Q: Which of the following statements is correct?   A) Employment rate + unemployment rate = 1 B)…

A: The statement which follows the definition is always true.

Q: Which of the following is an example of a nominal variable?     A.) Output     B.) Employment…

A: There are two types of variables Macroeconomics is concerned with, nominal and real variable.

Q: Which of the following people would be considered frictionally unemployed? Select an answer and…

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

Q: Which of the following people can be described as "structurally unemployed"? (i) Mola is trained as…

A: Below are the reasons for structural unemployment: *Mismatch of skills; If the required skill is not…

Q: The Woodland Republic’s Population Secretariat published the following information in 2021: Total…

A: Unemployment Rate: The unemployment rate is the rate that is determined by dividing the total…

Q: Which of the following groups of people are regarded as economically inactive? A) Individuals who…

A: Economically Inactive : The economically inactive can be defined as the ones who are neither…

Q: The country of Bada has collected the following information:    Population (working age).…

A: Hi Student, thanks for posting the question. As per the guideline, we are providing answer for the…

Q: Given the data below: Total adult population over the age of 16 249.9 million Employed 148.3…

A: Labor force is the sum of those who are either working or looking for work.  The formula for labor…

Q: Consider the following labour market data. Adult Population is 139, there are 13 people not in the…

A: Given that , Adult population = 139 Not in the labour force = 13 Unemployed = 30

Q: Someone may be unemployed for all of the following reasons, EXCEPT losing a job being an entrant or…

A: A person is said to be unemployed if he/she is willing to work and looking for a job but not getting…

Q: Not in labor force Men 45 million Women 35 million Unemployed Men 5 million Women 5 million…

A: In this question:-   Men Women Not in labor force 45 million 35 million Unemployed 5…

Q: Discouraged workers 0000 are counted par of the labor force and are counted as unemployed. are…

A: Discouraged workers are the people who were actively looking for job for a specific time period, but…

Q: Suppose the number of people who retire is greater than the number of people who enter the workforce…

A: The unemployment rate is the level of the workforce without a task. It is a reactive result,…

Q: 61. Who would be included in the labour force? (A) Jeremiah, who plans to travel for a few months…

A: The labor force includes those people who are employed and unemployed who are willing to work or…

Q: Q1)In each of the following cases, classify the individual as employed, unemployed, or not in the…

A: Labor force = Employed + Unemployed. Employed = The one who have job. Unemployed = The one who does…

Q: Consider the following labour market data. Adult Population-150 Not in Labour Force-50…

A: Given information: Adult Population-150 Not in Labour Force-50 Unemployed-30 To find: the number…

Q: For each of the following, indicate if the person would be classified as employed, unemployed, or…

A: Labour Force: Labour Force is the combination of employed and unemployed people in a country.…

Q: A new college grad is searching for a job but has not yet found one.   b)Due to declining sales, a…

A: Unemployment refers to a situation when willing and able people experience lack of work opportunity.…