to the table below Participation Rates (Age 16 and Older) Men Year 1950 1960 1970 1980 1990 2000 2010 2020 86 4 83.3 79.7 77.4 76.4 74.7 71.2 69.2 Women 33.9 37.7 43.3 51.5 57.5 60.0 58.6 57.4 Instructions: Round your responses to one decimal place. If you are entering any negative numbers be sure to include a ne (-) in front of those numbers. Between 1980 and 2020, by how many percentage points did the labor force participation rate of a men change? b. women change?
Q: What is the role of financial planning in an organization?
A: Financial planning plays a crucial role in the overall success and stability of an organization. It…
Q: Consider a fast-food restaurant. The following table shows the maximum price that Alex and Anna will…
A: a. Alex and Anna's demands are negatively correlated. This is because their maximum prices for…
Q: What is the impact of the "Tiktok" in economics of the Philippines in the lens of globalization
A: Globalization refers to a phenomenon that helps in the increasing interconnectedness and…
Q: Why is it -1000 at NVP (Beta), not -10000
A: This is mainly because of the typing error the tutor used -$1,000 instead of writing -$10,000 for…
Q: hould the goal be to eliminate all pollution? How do firms deal with externalities such as pollution…
A: Externalities refer to the costs or benefits that are experienced by individuals or entities who are…
Q: Does a “rational” individual always reduce labour supply in response to a proportional income tax?…
A: Does a “rational” individual always reduce labor supply in response to a proportionalincome tax?
Q: Complete the table by calculating the "New Market Quantity Supplied" if Ann decided to stop…
A: The market supply is the total volume of goods and services that all the sellers are willing to sell…
Q: Use the AD/AS model below to answer the following questions. In each case, assume the economy starts…
A: The AD-AS framework and Keynesian economic theory put forward complementary viewpoints on the field…
Q: Describe the current state of two economic indicators [ i.e. inflation] in the Philippines and how…
A: Economic statistics serve as helpful instruments that assess the economic condition of a nation and…
Q: Today you borrow $10,600 to pay for your expected college costs over the next 4 years, including a…
A: A cash flow diagram is a graphical representation of the cash inflows and outflows associated with a…
Q: A machine has a cost of PhP 550,000. It has a salvage of PhP 85,000 and an economic life of 12…
A: Lets understand about SYD.SYD full form is Sum of years…
Q: 4 Alessandra wants to sell vegetable pasty for 6$ and she achieved to sells 50 pasties. Then she…
A: If the price is rising up to $8, we can calculate the percentage change in price and determine the…
Q: 1. Here are your costs if you decide to go to college. If you decide not to go to college you can…
A: The value of alternative opportunities foregone and sacrificed to acquire one unit of a commodity is…
Q: 1. A municipal police department has decided to acquire an unnamed drone for aerial surveillance of…
A: The correct answer is given in the second step.
Q: Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying…
A: The optimal strategy in game theory is found by the best response method where no player has an…
Q: If the market interest rate equals 8 percent, the opportunity cost of the last new investment…
A: The opportunity cost is the value of the next best alternative that is forgone when choosing an…
Q: What kind of technology does the firm have in terms of returns to scale? Why? Suppose that the…
A: Return to scale tells what happens to long-run returns as the scale of production rises when all…
Q: suppose pizzas and burgers are substitutes. what will definitely happen if there is an increase in…
A: The demanded quantity of any commodity reflects the amount of that commodity an individual is…
Q: Holding everything else constant, there is a () the textbook) and real GDP (denoted with Y). A…
A: Human capital alludes to the abilities, information, experience, and qualities moved by individuals…
Q: think the question b should be $500,000 NOT $5,000,000
A: Money multiplier=1/required reserve
Q: The following quote appears in The Wealth of Nations, a very influential economics book published in…
A: Self-interest: The pursuit of personal gain and advantage, where individuals act in a way that…
Q: Suppose Southeast Mutual Bank, Walls Fergo Bank, and PJMorton Bank all have zero excess reserves.…
A: The reserve ratio, commonly known as the reserve requirement, is the proportion of deposits that…
Q: demand follows Q(P)=100-3P C(Q)=10Q an only choose between the following prices: 9, 10, 11, 12. lash…
A: Demand function; Q= 100-3P Total SWcost ; C= 10Q
Q: If investors want portfolios with small risk, should they look for investments that have positive…
A: In layman's words, covariance measures how the prices of two assets in a portfolio move.Positive…
Q: Describe a situation where a central bank would want to implement contractionary monetary policy.
A: Contractionary monetary policy refers to the measures taken by a central bank to decrease the money…
Q: Jane is interested in buying a car from a used car dealer. Her maximum willingness to pay for the…
A: Nash equilibrium is the point of a game corresponding to which each participant optimizes his…
Q: According to the interest rate effect, when the price falls, the interest rate Orises and the…
A: The interest rate effect suggests that alterations in price can have an impact on both the interest…
Q: Explain why the Reserve Bank of Australia resorted to unconventional expansionary monetary policies…
A: The Reserve Bank of Australia is the central bank of Australia. A central bank control the money…
Q: 12. An important characteristic of a dominant strategy is that: Select one: a. it is the best…
A: In game theory, a dominant method is a strategy that offers the highest possible payoff for a…
Q: Clearly identify and discuss three (3) internal and three (3) external drivers, which Peter needs to…
A: Peter needs to consider various strategic drivers both internally and externally while shaping the…
Q: The diagram below shows a country's aggregate demand and supply schedules, with equilibrium at point…
A: The AD-AS framework and Keynesian economic theory offer complementary perspectives on…
Q: Anita (A), Ben (B) and Carlos (C) are housemates who have moved to a new house and must decide how…
A: (a) To determine the total number of possible allocations, we need to consider that each housemate…
Q: Imagine that two firms in two different countries want to bring a new product to market. Due to…
A: Game theory is a part of mathematics and economics that concentrates on strategic interactions…
Q: Illustrate the logic of the endowment effect using a kinked indifference curve. Let the angle be…
A: A budget line in economics represents the various combinations of goods or services that an…
Q: The following graph plots the demand curve (blue line) for several consumers in the market for VR…
A: Consumer surplus can be defined as the difference between what a consumer is willing to pay and the…
Q: A. Explain the principle known as monetary policy ineffectiveness and discuss Lucas’ argument as to…
A: Monetary policy refers to the actions that is taken by a central bank or monetary entities to…
Q: The new food delivery company DoorDash is thinking of entering New Zealand. Its rivalry is the…
A: In modern times, game theory has an extensive application in competitiveness in the economy and…
Q: For an increasing MC curve, Producer Surplus (PS) is represented by a- The area above the price and…
A: Marginal cost refers to the additional cost of production a firm incurs due to additional…
Q: Price (dollars) 220 200 180- 160- 140- 120- 100- 80- 60- 40 20- Demand for GPS Units 240 Quantity…
A: Since you have posted a question with multiple subparts, we will provide the solution to only the…
Q: Consider a competitive industry with a market demand curve of P = 120 - Q, where P is market price…
A: There is a competitive industry.In the short run, there are 4 firms in the industry, and each firm…
Q: How does the self-correcting mechanism act to pull the economy out of a recession?
A: The measure that depicts the quantity of goods and services being demanded at various levels of…
Q: 4. What have been the various approaches advocated to reform budgeting processes at the state and…
A: The budgeting process refers to the systematic approach of planning, creating, implementing, and…
Q: Charlie has $16,000 to invest for a period of 5 years. The following three alternatives are…
A: The annual compounded value of a project or investment refers to its value in the future based on…
Q: ackground info about the Canadian Housing market. -Describe the market Participants? - Is the market…
A: The commercial, residential, and corporate real estate industries in North America are diversified.…
Q: in an economy going through a recession, economic multipliers.... A- do not decrease in the market…
A: The labor market has substantial financial ramifications for many sectors of a country's economy. It…
Q: what will be the long-run expected real interest rate during these ten years?
A: To calculate the long run expected real interest rate, we will use following formula:
Q: Consider the revenues and costs in 2019 for Spruce Decor Inc., an Alberta-based furniture company…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first three question for you.…
Q: the private sector is an engine to economic growth and development in malawi. discuss in 4000 words
A: Economic growth and economic development are connected yet particular ideas that depict various…
Q: is the percentage of the working-age population in the labor force. Suppose an economy is given by:…
A: The total number of individuals who are either employed or actively seeking employment is termed the…
Q: D In order to price-discriminate, a firm must be able to separate its customers who have different…
A: Elasticity of demand refer to…
Step by step
Solved in 3 steps with 2 images
- The following is a report from a BLS survey taker: “There were 90 people in the houses I visited. 20 of them were children under the age of 16, 25 people had full-time jobs, and 10 had part-time jobs. There were 10 retirees, 5 full-time homemakers, 9 full-time students over age 16, and 3 people who were disabled and cannot work. The remaining people did not have jobs, but all said they would like one. Five of these people had not looked actively for work for three months, however.” Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.Instructions: Enter your responses as whole numbers.Labor force: peopleWorking-age population: peopleNumber of employed workers: peopleNumber of unemployed workers: peopleWhat is the relationship between NCO and NXThe following is a report from a BLS survey taker: There were 90 people in the houses I visited. 20 of them were children under the age of 16, 25 people had full-time jobs, and 10 had part-time jobs. There were 10 retirees, 5 full-time homemakers, 9 full-time students over age 16, and 3 people who were disabled and cannot work. The remaining people did not have jobs, but all said they would like one. 5 of these people had not looked actively for work for three months, however. Find the labor force, the unemployment rate, and the participation rate implied by the survey taker’s report.Labor force: people Instructions: Enter your responses rounded to two decimal places. Unemployment rate: %Participation rate: %
- Suppose a researcher is using a panel data set on n = 10,000 workers over T = 20 years (from 2000 through 2019) that contains the workers’ earnings, sex, education, and age. The researcher is interested in the effect of education on earnings. Give some examples of unobserved person-specific variables that are correlated with both education and earnings. Can you think of examples of time-specific variables that might be correlated with education and earnings? How would you control for these person-specific and time-specific effects in a panel data regression?Define and explain the unemployment rate and why is it used to gauge economic health.The following is a report from a BLS survey taker: “There were 70 people in the houses I visited. 12 of them were children under the age of 16, 25 people had full-time jobs, and 6 had part-time jobs. There were 10 retirees, 5 full-time homemakers, 5 full-time students over age 16, and 2 people who were disabled and cannot work. The remaining people did not have jobs, but all said they would like one. One of these people had not looked actively for work for three months, however.” Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.Instructions: Enter your responses as whole numbers.Labor force: peopleWorking-age population: peopleNumber of employed workers: peopleNumber of unemployed workers: people
- Education: Does College Pay Off? It is costly in both time and money to go to college.Does it pay off? According to the Bureau of the Census, the answer is yes. The averageannual income (in thousands of dollars) of a household headed by a person with thestated education level is as follows: 24.3 if ninth grade is the highest level achieved.41.4 forhigh school graduates. 59.7 for those holding associate degrees, 82.7 for thosewith bachelor's degrees, 100.8 for those with master’s degrees, and 121.6 for thosewith doctoral degrees. Make a bar graph showing household income for eacheducation levelWhat is calculation of Herfindahl-Hirschman IndexIn 2017-18, the Pakistan Bureau of Statistics announced that of all adult Pakistanis, 59,786,200 were employed, 3,613,800 were unemployed, and 58,800,000 were not in the labor force. Use this information to calculate the adult population.