There are 20 million people in the "relevant population" on the planet of Mandalore. 15 million of these people are in the labor force, including 12.5 million who are employed and 2.5 million who are unemployed. What is the unemployment rate on Mandalore? O 83.33% O 20% 75% O 12.5% 16.67%

Q: Under 16 years of age or institutionalized:100 Not in labor force: 120 Unemployed:150 Employed: 130…

A: Unemployment rate is given as  UR= ( Number of unemployed/ Labor force)*100 Labour force consists of…

Q: In an economy with 200 million people, 150 million hold jobs and 20 million are not working but are…

A: The unemployment rate is the number of unemployed people divided by the labor force. The formula is,…

Q: Regarding unemployment, it is correct to say that: O a. Discouraged individuals are those officially…

A: Unemployment occurs when an individual is looking for a job/work and is unable to find one.

Q: Suppose a person receives a 9% increase in pay when inflation is 8%. In this case, the nominal…

A: Answer: Given, Increase in pay = 9%  Inflation = 8% An increase in pay is a nominal increase. Thus…

Q: Jeanne was working in Belarusian energy sector, but after a year she became unemployed. While she…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: 8. A job-search model of the natural rate of unemployment This question refers to the job search…

A: Unemployment is the state of being able to work, actively looking for work, but unable to find any.…

Q: Total Currently employed Not working and Want to work but no population (millions) looking for work…

A: Here, information about total population, working, looking for work, and not looking for work is…

Q: In 2019 in the United Kingdom, the adult population was about 65 mallion, the lAE percent, and the…

A: Labor force equals employed plus unemployed workers in the economy.

Q: Unemployed 17 Total Population 185 Full time Workers 90 Discouraged Workers 14 Part Time Workers…

A:

Q: In millions Civilian population 150 People incapable of working 20 People not looking for work 30…

A: Answer:  Unemployment rate: the unemployment rate is the ratio of the unemployed population to the…

Q: If the number of unemployed equals 10,000, the number of employed equals 70,000, and the number not…

A: The labor force participation rate is  measure of an economy’s active workforce.

Q: 2000 2005 2010 2015 2020 95.4 107 116.5 126.6 137 The above table shows a history of the Consumer…

A: Here, the given table shows the CPI in different years according to which price of shoes in 2020 is…

Q: Based on the following data for the country of Tiny Town, the unemployment rate equals: Population =…

A: Unemployment rate = unemployed persons/Labor Force ×100

Q: If you graduate college and decide to take your time looking for a job even though you can find one…

A: There are three types of unemployment: frictional unemployment, structural unemployment and cyclical…

Q: 2. Why did Canada's unemployment rate increase in May when the economy added 290,000 new jobs? The…

A: Answer: Option B (people joined the labor force to look for work) Explanation: Though the economy…

Q: If the CPI increases from 135 in 2006 to 154 in 2007, the rate of inflation between 2006 and 2007…

A: CPI can  be used to calculate the inflation between two period of time given the formula of…

Q: Suppose 20 million people are employed, and 5 million are unemployed. What is the unemployment rate?…

A: People who are working are considered employed and people who are willing to and able to work are…

Q: Table 22.1 Employed Unemployed Not in the Labor Force 14,000 people 3,000 people 4,000 people Refer…

A: Labor force: It refers to the people who are working in the economy and the people who are searching…

Q: The adult population in a country is 50 million people. Survey shows hat there are 5 million…

A: Labor force= employed+unemployed                      = (30+5) million = 35 million

Q: The unemployment rate at full employment is O a. equal to the rationed rate of unemployment. O b.…

A: Full employment = Natural rate of unemployment Natural rate of unemployment = Frictional +…

Q: 12) The unemployment rate is calculated as follows: O A. Unemployment Rate = Number of Unemployed…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Total Currently employed Not working and Want to work but no population looking for work longer…

A: Employment is a legally binding agreement between two persons, one of whom is the employer and the…

Q: 27. Using the macroeconomic data as presented in #26 above. The natural rate of unemployment in this…

A: Labor force = Employed + unemployed  = 7500 + 720 + 100 + 150 = 8470 Discouraged workers are not…

Q: . LAST WORD Can frictional unemployment by itself explain the fact that the late 2010s saw more job…

A: Frictional unemployment arises when people are checking out new jobs and quit their previous jobs.…

Q: In 1950, Congress raised the federal minimum wage to seventy-five cents ($0.75) per hour. The CPI in…

A: CPI is measured using fixed basket of goods.

Q: If the unemployed people actively looking for work in an economy are 2,000,000, what is the…

A: Given Information Number of Unemployed = 2,000,000Number of Employed = 18,000,000 Total Labour Force…

Q: 10. A job-search model of the natural rate of unemployment This question refers to the job search…

A: Here, given information is: Separation rate (s)= 0.03 Job finding rate (f)= 0.12 Labor force= 200…

Q: Assume that an economy has the following population data: Total adults over age of 16 year: 243…

A: Number of people unemployed = Total Population in Labor Force - Total Employed Population  = 155…

Q: 11. Suppose that the GDP deflator of a small country equals 200 at the end of 2018. If the inflation…

A: "Since you have asked multiple questions, we will solve the first one for you. If you want any…

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

A: Labor force = employed + unemployed = 10  + 150 = 160

Q: Suppose that the total expenditures for a typical household in 2000 equaled $4,000 per month, while…

A: A consumer price index estimates changes in the value level of a weighted normal market basket of…

Q: Number of people Component (millions) Total population 246 Working-age population 207 Not in the…

A: Labor force participation rate is the percentage of working age of population that is part of the…

Q: If the unemployment rate is 8 percent, then this means: the number of unemployed persons equals 8…

A: Unemployment rate = Number of people unemployed / Labor force, where Labor force is the number of…

Q: For many everyday economic applications, when economists adjust nominal dollar figures for…

A: The Bureau of Labor Statistics (BLS) produces the buyer price level (CPI). it's the foremost…

Q: Total Population 185 Full time Workers 90 Discouraged Workers 14 Part Time Workers 20 Refer to the…

A: Labor force= employed+unemployed

Q: Assume you are told there are 3,000,000 in a country's labor force, 5,000,000 in the population, and…

A: Labor force= employed+unemployed Unemployed = 3,000,000-2,820,000 = 180,000

Q: Which of the following statements are true? Select one or more: O a. Someone is counted as…

A: In economics, unemployment refers to a situation where an individual is willing to work but is not…

Q: 4. A country has a total adult population of 10 million, and of these 210 thousand are currently out…

A: "Unemployment rate is obtained by multiplying the ratio of unemployed population to labor force by…

Q: An economy is described using the following equa C=210+ 0.15 (Y-T) 1=225 G=185 NX=-30 T=110 Y = 700…

A: The measure that depicts the total value of goods and services being produced in an economy during a…

Q: If 1 million people are unemployed and 9 million people are employed what is the unemployment rate?…

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

Q: Question 8 The price tag on a tennis ball in 1975 read $0.10, and the price tag on a tennis ball in…

A: The correct answer is given in the second step.

Q: When economists speak of the CPI bias, they are referring to O A. the tendency for the CPI to…

A: Consumer Price Index shows the weighted average value of a basket of goods. CPI calculated by the…

Q: The above table shows some labor market data for a country. Potential GDP in this country is Yp =…

A: The gross domestic product (GDP) of an economy is defined as the market value of all the final…

Q: What is the unemployment rate in an economy where the entire adult population can be categorized as…

A: The unemployment rate in the economy measures the portion of the labor force that is willing and…

Q: Suppose you read in the Wall Street Journal that, during the fourth quarter of 2020, the U.S.…

A: Given: During the fourth quarter of 2020, the U.S. economy expanded at the fastest rate in two…

Q: If the population of a country is 1,000,000 people, its labor for consists of 500,000, and 40,000…

A: Gradually we can say that unemployment refers to the situation in which actually people are…

Q: The labor force in your country consists of 225 million people. Of these, 205 million have jobs.…

A: Following is the information given Labor force= 225 million Employed = 205 million Unemployed = 225…

Q: If frictional unemployment is three percent, cyclical unemployment is two percent and structural…

A: NAIRU is non-accelarating inflation rate of unemployment. It is the unemployment that exists when…

Q: At what output level would the actual rate of unemployment equal the economy's natural rate of…

A: The lowest unemployment rate at which inflation is stable is called natural rate of unemployment.

Q: Job search O 1) is one reason economies always experience some unemployment. 2) is the process of…

A: The economy always experiences some unemployment even when it is producing at full employment.