Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the number of unemployed is 7.5 million. Determine the employment-population ratio. (If your answer is 90%, write 90.)

Q: Name two jobs that you think would be affected by seasonal unemployment. Explain why they would be…

A: Seasonal unemployment: It is a type of unemployment in which people remain unemployed during…

Q: If unemployment is above the natural rate of unemployment, then potential GDP is:  A) Equal to…

A: The economy is considered to be at full employment when the actual unemployment rate is equal to the…

Q: What type of unemployment does each of the following represent? Explain your answers. Q.6.3 Migrant…

A: Unemployment refers to a situation, in which people are willing to work and actively search for a…

Q: Canada has a working age population of 20 million. Of those 11 million are employed and 1 are…

A: Given: Working age population = 20 million Employed people = 11 million Unemployed people = 1…

Q: U.S. population is 328 million people 70 million individuals are legally classified as unable to…

A:

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: A country has a labor force of 1,000,000 and 50,000 of discouraged workers. The unemployment rate is…

A: The unemployment rate conveys the portion of labor utilized by the business industries of the…

Q: The unemployment rate statistic published by the Bureau of Labor Statistics may underestimate the…

A: People who are able and willing to work, and actively for a job are considered unemployed.

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

A: Solving question.below

Q: Suppose a govemment report about a country's employment situation reveals the following data (all…

A: Unemployment is the level where person want to work and have skill but dont have work and labor…

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

A: According to the Bureau of Labor Statistics an individual is considered unemployed if he does not…

Q: When most workers are classified as not being in the labor force, when in reality they are actively…

A: Labour force is the sum of employed and unemployed. Unemployed people are people who are actively…

Q: Calculate the unemployment rate based on the following information: Working-age population: 219…

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

Q: The following table contains U.S. employment information from February 2010. Civilian Population…

A: The unemployment rate can be calculated by dividing the number of unemployed people with the total…

Q: Suppose the workingminus−age population of a fictional economy falls into the following​ categories:…

A: In the US, the official unemployment rate is called the U-3. It states the unemployed people as…

Q: Suppose the total population between the ages of 15 and 74 in an economy is 5,000,000, the labor…

A: The unemployment rate of the economy is considered one of the main macroeconomic indicators of the…

Q: In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time…

A: The unemployment is the situation when people who are willing and able to work but they are not able…

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: Suppose that the employment rate is 55.0% and unemployment rate is 5.0%. What is the participation…

A: The participation rate is the percentage of the total population employed and actively looking for…

Q: Who of the following would be included in the Bureau of Labor Statistics’ “unemployed” category?…

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

Q: Which of the following types of unemployment is experienced when workers are moving between jobs?…

A: In simple words, When a person is able to find a job then this is known as unemployment The types of…

Q: Consider an economy with the following data: Population (civilian, 16 and older,…

A: Unemployment rate=unemployed/labor force*100 Labor force=employed+unemployed=188+12 =200

Q: Suppose the Palestinian population is 3,800,000 individuals, the number of individuals 16 years and…

A: Answer;   Palestinian population is 3,800,000 Labor force participation rate = 80% Labor force…

Q: Suppose you live in a community of 5,000 people where everyone wants to work and seeks employment.…

A: Unemployment Rate is the total number of people who are willing to work but are jobless due the…

Q: calculate the unemployment rate: Total adult population over the age of 16 83 million Total in the…

A: Formula for calculation of unemployment rate: Unemployment rate = (Total unemployed population /…

Q: If the population is 300 million, with 70 million under the age of 16 and institutionalized, another…

A: Total population = 300 million Number of employed people =150 million Number of unemployed people…

Q: Suppose that in a population of 200 million persons, 150 million are in the labor force and 120…

A: Unemployment refers to the individuals who are not employed but are actively looking for…

Q: f the number of people in the labor force is 170 million and 155 million people are employed, then…

A: labor force = employed + unemployed thus unemployed= 170-155 mn = 15 million

Q: Which of the following would impact the Natural Rate of Unemployment?   Question 7 options:   All…

A: Cycles in unemployment explain why unemployment rises during a slump and falls during an upturn. So,…

Q: Consider a simple model where workers can be either employed or unemployed. If the job…

A: Steady state unemployment rate = s/(s+f) = 0.02/(0.02+0.53) = 0.02/0.55 * 100 = 3.6% Steady state…

Q: The unemployment rate equals

A: The unemployment rate is the proportion of the workforce that is unemployed.  It's a lagging…

Q: Suppose the population of a fictional economy falls into the following categories:  28 million are…

A: Labor Force = Total Employed + Total Unemployed Unemployment Rate = Total Unemployed / Labor Force *…

Q: Suppose that the labor force in the Canary Islands is 82,452. There are also 1,631 stay-at-home…

A: The labor force is the sum of employed and unemployed people.  The unemployment rate measures the…

Q: Susie is a 15-year-old who is looking to work as a babysitter. However, no one has hired her. How…

A: Unemployment is a situation when a person looking for a job but cannot able to find it.

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: 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: The table below shows unemployment and labor force statistics for an economy. Actual rate of…

A: When the discouraged workers re-enter the labor force, the total labor force would be now:

Q: The following table shows Metropolis' population and employment data. What is the approximate…

A: Discouraged workers and people below 15 do not form part of the labor force.   Unemployment Rate =…

Q: If the job creation rate is less than the growth in the labour force then the unemployment rate…

A: Macroeconomics refers to the branch of economics that deals with the performance, structure,…

Q: Calculate for the unemployment rate using the table below: Total Population 20 000 Working Age…

A: Employed people is 1000 Unemployed people is 100 ----------------- Labor force is the sum of…

Q: In which of the following cases will we observe unemployment? the quantity of labor demanded is…

A: The market for labour comprises the demand and supply of labour. The labour market will be in…

Q: By offering more generous unemployment insurance programs, European countries can expect to pay less…

A: Unemployment is considered as a social-evil that grabs the economy and forces it to remain in it. It…

Q: Suppose that in January, 10% of the workers who were unemployed at the beginning of the month start…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Suppose the government wants to reduce this type of unemployment. Which of the following policies…

A: Unemployed are those who falls in working age bracket, are able and willing to work at going wage…