Q: What does the unemployment rate mean for the US economy?
A: Let us discuss certain concepts related to unemployment rate:Labor force: In an economy, labor force…
Q: What is the unemployment rate derived from these numbers?
A: Total population: 200,000 Employed: 75,900 Unemployed: 5,440 Not in labor force: 117,060 Total labor…
Q: Why is the unemployment rate sometimes high and sometimes low?
A: Unemployment happens once folks area unit while not work whereas actively looking for employment.…
Q: In this country, million people are unemployed, and the unemployment rate is %. (Round your…
A: Unemployment ; The number of people unemployed in this case is calculated as follows; Unemployment =…
Q: Find the absolute change in unemployment rate during 2015 (from Jan 15 to Dec 15).
A: If we want to calculate the absolute change in the unemployment rate during 2015, then it can be…
Q: How do you calculate the natural unemployment rate
A: The natural rate of unemployment is the unemployment rate that existing in an economy even when the…
Q: A country has 20 employed workers, 5 unemployed workers still actively seeking jobs, and 10…
A: The unemployment rate, u in short, conveys the portion of labor not used by the industries. It is…
Q: How do you calculate natural unemployment rate examples
A: The natural rate of unemployment includes only frictional and structural unemployment and not…
Q: What are the three major types of unemployment?
A: Meaning of Full Employment: The term full employment refers to the situation under which all the…
Q: Self-employment is the best method of solving the problem of growing unemployment in the country. Do…
A: Given statement is that Self-employment is the best method of solving the problem of growing…
Q: Why there is always some level of unemployment?
A: The natural rate of unemployment is a situation that occurs when there is a time lag between moving…
Q: How many people are unemployed if the employment ratio is 75%, there are 90 million people employed,…
A: As given data Employment ratio = 75% Employed person = 90 million 20 million not in labor force.
Q: Why is the unemployment rate important?
A: Unemployment is defined as a state in which all those people who are willing to work at the existing…
Q: Using the definition of the unemployment rate, is an increase in the unemployment rate necessarily a…
A: Unemployment rate is the proportion of people unemployed in the economy as a percentage of number of…
Q: How does the presence of a discouraged worker affect the unemployment rate?
A: Let us first explain certain concepts related to unemployment rate.Labor force: In an economy, labor…
Q: what are the proposed solutions to reduce unemployment
A: When job-seeking employees are unable to obtain employment, unemployment results. While…
Q: Refer to the following table that shows monthly data for Japan. What was the unemployment rate in…
A:
Q: Suppose an economy has 10,000 people who are not working but looking and available for work and…
A: Given:- Unemployed people(people who are not working)=10,000 People employed(or working)=90,000 To…
Q: Q.39 If the number of employed workers in a country increases while its population does not change,…
A: Unemployment rate is calculated as the ratio of unemployed people to the sum of both employed and…
Q: What is the unemployment rate of Germany for the last five years
A: The given table below shows the unemployment rate in Germany
Q: what are some causes and effects of unemployment on the economy? what are some ways to combat these…
A: Unemployment is a situation when an able bodied man or woman, who is willing to work at the…
Q: How might the unemployment rate understate and overstate the amount of joblessness?
A: Unemployment: It refers to the state in which a person is searching for a job but unable to find the…
Q: What are two issues with the unemployment rate in any given area?
A: Let us discuss certain concepts related to unemployment rate:Employed: Those people who belong to…
Q: In an economy with 200 million people, 140 million hold civilian jobs and 9 million are not working…
A: Unemployment is a time period relating to individuals who are employable and actively searching for…
Q: Why should we worry about the unemployment rate? (We know that the U.S. has an unemployment…
A: Since all are different questions, we shall answer the first question only. Please resubmit the…
Q: In an economy with an adult population of 120 million, total employment of 90 million, and…
A: A person is said to be a unemployed when he or she is unable to find job at market prevailing wage…
Q: What term describes the remaining level of unemployment that occurs even when the economy is…
A: If the economy is healthy and still have unemployment, then this term is described by natural…
Q: What can be done to decrease unemployment rates?
A: The unemployment rate is derived by dividing the total number of people in the labour force by the…
Q: If the population is 300 million, with 70 million under the age of 16 and institutionalized, another…
A: Unemployment refers to the situation where a person who does not have a job but is actively looking…
Q: In a country with a working-age population of 22 million, 16 million are employed, 2 million are…
A: labor force=employed + unemployedlabor force=16+2labor force=18 millions
Q: What are the challenges of the changing unemployment rate?
A: Unemployment: Unemployment is the situation under which the number of willing or able persons is…
Q: Nuku has an unemployment rate of 12%. There are 10,307 people who are working or have work. How many…
A: The working class contains those took part in manual-labor occupations or industrial work, who are…
Q: Now suppose 4,000 of the people looking for work get discouraged and give up their searches. What…
A: A percentage representation of the number of jobless people in relation to the total number of…
Q: List 2 of the conditions that should be applied in order to consider any person as unemployed.
A: Unemployment is a situation where a person who is employable has no job and is actively looking for…
Q: An economist sees the weekly job finding rate and the monthly job losing rate (which is 0,1 and 0,15…
A: The unemployed population is described by those people who are willing to work and are looking to…
Q: Explain and analyze different government policies which affect the unemployment rate in Pakistan?
A: In order to control and influence the economy of a country, fiscal policy is the means by which a…
Q: Under what condition would an increase in the unemployment rate be a positive sign?
A: Answer: Frictional unemployment is a temporary phenomenon, which is caused due to cyclical economic…
Q: A country with a population of eight million adults has five million employed, 500,000 unemployed,…
A: The unemployment rate refers to the number of people unemployed in total labor force. It is…
Q: What criteria do the BLS use to count someone as employed? As unemployed?
A: An economy has three groups of people i.e. Employed, unemployed, and third group. Employed people…
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- Monthly Consumer Price Index from January 2015 to December 2020 (Source: STATIN) Month 2015 2016 2017 2018 2019 2020 January 85.4 88.6 90.9 95.2 97.4 102.5 February 84.8 87.9 91.1 95.1 97.4 103.2 March 85.3 87.8 91.4 95.0 98.2 102.9 April 85.4 87.5 91.7 94.6 98.3 103.7 May 85.9 87.7 91.8 94.6 99.1 103.8 June 86.3 88.5 92.4 95.0 99.0 105.2 July 87.0 88.9 92.9 95.9 100.0 105.7 August 87.7 89.3 93.2 96.8 100.8 105.9 September 88.1 89.7 93.8 97.9 101.2 106.1 October 88.4 89.9 94.2 98.6 101.8 106.9 November 88.8 90.3 94.7 98.6 103.2 107.6 December 89.0 90.5 95.2 97.6 103.6 109.0 From the Table above: In December 2018, Mr. Logan Hepburn began receiving a salary of $100,000 per month.Up to December 2020, his salary has remained unchanged. What is his ‘‘real wage’’ in December…The economy of country Y produces 5 commodities; rice, salted fish, sugar, salt, and oil. The following table shows the outputs and prices for year 2000, 2001 and 2002. Instructions calculate Laspeyres consumer price index for 2001 and 2002 using 2000 as base yearThe economy of country Y produces 5 commodities; rice, salted fish, sugar, salt, and oil. The following table shows the outputs and prices for year 2000, 2001 and 2002. Instructions calculate Paasche consumer price index for 2001 and 2002 using 2000 as base year!
- Create line chart for quarterly data for 2019 to 2021 of inflation of qatar In 2019 inflation rate of Qatar in 1st quarter was -1.3. In quarter 2 inflation rate declined to -0.6. In quarter 3 inflation rate was 0.1. In last quarter 4 it was -0.7. In 2020 inflation rate in the 1st quarter of Qatar was -0.8. In quarter 2 it was increased to -3.4. In the 3rd quarter it was -3.5. In the last quarter of 2020 it was -3.5. In 2021 inflation rate in quarter 1 was -0.3 . In quarter 2 it increased to 2.0. In quarter 3 it was 2.7. In quarter 4 inflation was hiked to 6.5.You are employed by the state bureau of economic development. There is a demand for a leading economic index to review past economic activity and to forecast future economic trends in the state. You decide that several key factors should be included in the index: number of new businesses started during the year, number of business failures, state income tax receipts, college enrollment, and the state sales tax receipts. Here are the data for 2000 and 2018. 2000 2018 New businesses 1,240 1,325 Business failures 600 496 State income tax receipts ($ millions) 185.2 220.8 College student enrollment 242,299 291,291 State sales tax ($ millions) 55.1 57.4 The weights you assign are: new businesses 15%, business failures 10%, income tax 42%, enrollment 13% and sales tax 20%. b. Compute the leading economic indicator for 2018. (Round your answer to 2 decimal places.) c. Interpret the indexes. (Round your answer to 2 decimal places.) Economic activity has (increased or decreased) _____%…The term ______________ means unadjusted, gross, or current. The term __________ is used to refer to any statistic which has been adjusted for inflation. On the expenditure side inflation will make GDP appear ______________ than it really is because it is reflected in market values. These market values or _____________ are in nominal terms which include infl ation. An increase in inflation will decrease __________ wages, rents, interest, and profits.
- urgent , no plagiarism The following statements refer to the CPI and the GDP deflator. Which one is CORRECT? The CPI rises when the price of intermediate goods purchased by firms increases. The inflation rate calculated using the CPI is always higher than that obtained with the GDP deflator. The CPI takes into account the prices of all goods and services produced in an economy. The GDP deflator does not reflect the rise in prices on imported final goodsThe average household income in the United States in 1975 was $13,800 and Consumer Price Index was 53.8. Convert the average income in 1975 to 2018 dollars if Consumer price index was 251.1 in 2018.The basket of goods in the Consumer Price Index consists ofabout _________ products; that is, several hundred specific products in over__________ broad-item categories. a)800; 200 b)80,000; 400 c)200; 800 d)80,000; 200
- MACROECONOMICS Topic: Multiplier Investment ProblemCost of bldg.. =5MGross Revenue = 9.5 MOperating expense = 4MNominal interest rate = 12%Ongoing inflation rate = 8%a) Determine the real interest rateb) Determine the interest costc) How much will be added to the firm's profit?Question 11 The unemployment rate measures: the number of people unemployed divided by the number of people employed. O unemployed workers as a percentage of the labor force. O unemployed workers as a percentage of the population age over-sixteen. O unemployed workers as a percentage of the population.National income – The Pandemic Economy 1.1 The IMF estimates that the global economy will make a strong recovery and expand by 6.0 percent in 2021. This follows from an estimated contraction of 3.3 percent in 2020. COVID-19 has severely impacted the social and economic fabric of every country across the globe. Some have been more affected than others, but all have been facing what seems like an unending battle between saving lives and preserving livelihoods. Striking a delicate balance between providing social protection and maintaining economic activity, while limiting the risks to financial stability has been a challenge of immense proportions, employing varying strategies across different countries with uneven results. 1.2 In Trinidad and Tobago, the continuation of the pandemic and the associated public health restrictions undermined all the economic gains realized in the second half of 2020. Consequently, for the first quarter of 2021, the CSO estimates that real…