The goal of studying and recording the unemployment rate is to learn something about the state of the economy. Explain why each of the following makes the unemployment rate a better or worse indicator of how healthy the economy is. A. If people in the military aren't included in the labor force, does the unemployment rate become a better or worse indicator of the state of the economy? B. If discouraged workers aren't counted in the labor force, does the unemployment rate become a better or worse indicator of the state of the economy?

Q: What is the difference between being unemployed and being out of the labor force? How do you…

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Q: 7. Assuming the total population is 100 million, the civilian labor force is 60 million, and 54…

A: Q7) Given  Total population = 100 million.  Civillian labour force = 60 million.  54 million are…

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: People who are working or a have are considered employed. People who are looking for a job and are…

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Q: Suppose an economy has 10,000 people who are not working but looking and available for work and…

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Q: The following is information about labor market:   Entire Population 800 People under the age of…

A: Labor force (LF) = Full time employed + Part time employed + Unemployed but looking for job = 250 +…

Q: Suppose the unemployment rate in the United States goes from 6.4% in one year to 5.6% in the next.…

A: i.) The percentage point decrease in the unemployment rate can be calculated as follows: Thus, the…

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: What are the three major types of unemployment? What are their causes?

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Q: 3.In 1993, the U.S. population was 256,394,000, of whom 192,690,000 were age 16 or over. Th Labor…

A:

Q: Imagine that during an expansion the U.S. economy adds 300,000 jobs. In addition, because of the…

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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: How is the unemployment rate a useful measure and how it is not a useful measure; and, what are the…

A: Answer -  Unemployment rate - It is the ratio which is total no. of unemployed people to the total…

Q: One of the main problems with calculating the unemployment rate is that part-time work counts the…

A: Correct: B. The unemployment rate would increase

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Q: During the initial months of the COVID pandemic, the number of unemployed people in the State of…

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Q: Consider a country with 300 million residents, a labor force of 150 million, and 10 million…

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Q: (Measuring Unemployment) Suppose that the U.S. noninstitutional adult population is 230 million and…

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Q: 4 Out of 20 million people in the population, 9 million people are in the labour force and 3 million…

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Q: (21) Carla just started her new job working at the Department of Commerce. In order to see whether…

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Q: Question 1 – Below are some hypothetical statistics for a country in September 2020. Compute the…

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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: . Inflation always increases from one month to the next? True or false 2. A person may become…

A: As per the guidelines, only the first question can be answered. Kindly repost the other questions…

Q: The unemployment rate dropped to 6.6 per cent in January 2022, which is lower than the pre-pandemic…

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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: 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: Thinking about the Economic impact of unemployment and inflation, why should we expect an inverse…

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Q: Assume the following data for a country: Number of People, Millions Category Total population…

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Q: Show how the unemployment rate in each month is calculated from the numbers of people.

A: The unemployment rate is the per cent of the workforce that is jobless. It is a slacking pointer,…

Q: C. Define the employment ratio. D. Define the civilian unemployment rate. What causes the…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Suppose the number of employed people in an economy is 121,166,640. The unemployment rate in this…

A: a. The size of labor force can be calculated as follows: Thus, the size of labor force is…