Suppose that homemakers are included as employed in the labor force statistics, rather than being counted as out of the labor force. This would  increase the measured unemployment rate. increase the measured labor force participation rate. decrease the number of persons in the labor force. decrease the number of persons in the working-age 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: Suppose the economy has an adult (over 16) population of 11500, with a labor force of 10925 people…

A: Given, The adult population = 11500 Labor force = 10925 Unemployed people = 546

Q: The number of people classified as employed is 390,000 and the number of people classified as…

A: Labor force is the combination of people who are employed and the unemployed who are actively…

Q: Year 1 Year 2 Employment (households survey) 5,100 5,200 Labor Force 6,000 6,100 Population 10,000…

A: The number of unemployed people in year 1 is given as: Number of people unemployed in year 1= Labor…

Q: Unemployment is not caused by which one? drops in actual GDP persons looking for more suitable jobs…

A: Unemployment is the condition in the economy when people of the country want to work & are able…

Q: Using the following data calculate: (iv) The Labour Force Participation rate.  (v) The “official”…

A: currently working 23,000 volunteer workers 9845(ages 13-14) looking for work 12,000 (ages…

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: Suppose that the unemployment rate is 6%, the total working-age population is 25 million, and the…

A: Since you have posted a question with multiple subparts, we will solve first three subparts for you.…

Q: Explain three policies that can be implemented by Government to improve the accuracy of labour force…

A: Answer - 1. Properly defined labor force :- Government should define proper guideline for labor…

Q: The working-age population is 24,500,000. Of these, 18,000,000 people had jobs. Of the remainder,…

A: People who are working are considered employed and people who are able and looking for a job are…

Q: Using the following data calculate: (i) The number of persons employed.  (ii) The number of persons…

A: As per the guidelines, we can solve only the first 3 subparts of a question

Q: Labor force participation rate population 60% Total population is 16 years of age and older 200…

A: Given Information Labor force participation rate  = 60%Unemployment rate 5%Total population = 200…

Q: Year 1 Year 2 Employment (households survey) 5,100 5,200 Labor Force 6,000 6,100 Population 10,000…

A: We know that the labor force is the sum of employed people and unemployed people Labor…

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

A: Number of Employed worker = Labour Force - Number of unemployed. Given  Unemployment Rate = 10%…

Q: A country has a population of 1,000,000. The labor force is 500,000. If the unemployment rate is…

A: Discouraged workers are not actively searching for a job, they are considered nonparticipants in the…

Q: Assume that the government decides to count discouraged workers in the official statistics. Which of…

A: Labor force= employed+ unemployed

Q: Calculate the unemployment rate if the total number of unemployment people are $13560 and the total…

A: The information being given is as follows:- No of people who are unemployed = 13560  No of people wo…

Q: Full employment means that. all of working-age population can be classified as employed all of the…

A: unemployment means when labor wants to do work but unable to get ,There are many type of…

Q: Suppose that the adult population is 6 million, the number of employed is 3.8 million, and the…

A: The adult population is given to be 6 million. The number of employed population is 3.8 million.…

Q: a. Calculate the number of people who are not in the labor force b. Calculate the labor force. c.…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: The Unemployment Rate is defined as which of the following? as the percentage of the adult…

A: Labor force is the sum of employed and unemployed. It includes the people who are currently working…

Q: Suppose population increases by 1%, labor force increases by 3%, number of unemployed persons…

A: Meaning of Labor Participation Rate: Labor force participation rate is defined as the category of…

Q: Please answer parts (i), (ii), (iii) Using the following data calculate: (i) The number of persons…

A: The subject of economics became more difficult as economies and civilizations grew. As a result, it…

Q: Use the following data to calculate  the number of persons employed the number of persons…

A: 1. Number of persons employed is given by Number of persons employed = currently working + part time…

Q: If the number of people in the labor force is 140 million and 130 million people are employed, then…

A: Employed are those people who are involved in the economic activities. Unemployed are those people…

Q: Total Civilian Population= 340 million Employed Workers= 123 million  People not looking for work=…

A: The unemployment rate refers to the people who are willing to work and are actively looking for…

Q: Describe the following term: "Unemployment".  Is it: Inflation Price Level National Income none of…

A: Unemployment is defined as when an individual who is willing to work but he is unable to find any…

Q: Calculate the Unemployment Rate

A: Underemployed workers are those workers who are working below their potential level. Unemployment…

Q: Distinguish between the level of unemployment and the rate of unemployment

A: Unemployment can be defined in a lot of ways. One common way to define unemployment is as a state in…

Q: Explain THREE policies/strategies that can be implemented by a government to improve the accuracy of…

A: The three policies that can be adopted by the government to improve the accuracy of labor are: 1. An…

Q: Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9…

A: Labor force: It is the sum of unemployed and employed people, over the age of 16 Unemployed: A…

Q: There are 64 unemployed people and 1,066 employed people. What is the unemployment rate? Enter a…

A: ANSThe Unemployment Rate is the % of the working-age population those who are without a job but are…

Q: 25. Which of the following is the formula for calculating the unemployment rate? a. (Number of…

A: Labor force = employed+unemployed

Q: Q) Country A has a total population of 2.5m and 1.8m are 15+ year-olds. The unemployed population is…

A: Given that Country A has Total population is 2.5m 15+ year-olds population is 1.8m The unemployed…

Q: xplain THREE policies/strategies that can be implemented by the government of Barbados to improve…

A: Formulate Youth-focused Programmes to Stimulate Youth EmploymentThe MLSD recognises the youth (i.e.…

Q: Calculate the unemployment rate for an economy using the following data: Number of employed: 154…

A: Answer is given below

Q: Zandaland is a country with a population of 110 million. Out of this population, the number of…

A: Working-age population = Total population - Number retired - Number below 16 years - Number…

Q: Between 1927 and 1977, the average wage in Mistania increased from $13:50 to $24.50. During that…

A: Real wage can be defined as the income received by an individual after adjusting for inflation.…

Q: Number of employed people 14,000 Number of unemployed people 3,000 Number of the working-age…

A: a. Size of labor force include employed and unemployed people  Labor force = Employed + Unemployed…

Q: There are 100,000 people working full time, 25,000 people working part-time, and 30,000 people who…

A: Total people in the labor force = 100,000 + 25,000 + 30,000 + 2000…

Q: ACcording to a hypothetical economy presented in the table, what is the unemployment rate?…

A: Labor force is the total people in an economy who are interested in work, either working or…

Q: Explain THREE policies/strategies that can be implemented by the government of Trinidad & Tobago to…

A: Several policymakers and eminent economists have argued that the major problem in computation of…

Q: In a given community, the unemployment rate is 4% and their working-age population is 930,000. Labor…

A: Unemployed people are those who are willing and able to work, but are unable to find a job.…

Q: The following table contains unemployment statistics from 2013 for three different countries:…

A: Unemployment is an economic problem that occurs when people who are able and willing to work fail to…

Q: The labour force is 10,000 • The Non-institutional population 16 years of age and older is 15,000 •…

A: The data presented in the question above is as:- Labour force = 10,000 Non institutional population…