Using the following data calculate: (i) The number of persons employed.  (ii) The number of persons unemployed.  (iii) The labour force.  (iv) The Labour Force Participation rate.  (v) The “official” unemployment rat

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: Unemployment in Iran (example, unemployment rate, types of unemployment, etc.)

A: Unemployment rate in Iran in 2019 is 11.99% of the total labor force.

Q: In November 2010 the labor force in Siouxtown, was 14,800.There were 14,483 persons employed. The…

A: Given: Labor force = 14800 Employed person = 14483

Q: Which of the following represents the actual number of unemployed people in Oman? a. The people…

A: Labor force includes all the workers in the economy which are either employed or in the search of…

Q: If the nominal GDP is $118 and the current price index is $115 find the real GDP

A: Generally in the given question Nominal GDP is valued = $118 Current price index = $115 Real GDP…

Q: Working-age population 332,200 Employment X Unemployment y Unemployment rate 7.0% Labour force…

A: Given Information: Working-age population = 3,32,200 Unemployment rate = 7% Labor force…

Q: Consider a small economy composed of six people: Yakov, Ana, Charles, Dina, Juanita, and Gilberto.…

A: Labour force is the sum of unemployed unemployed workers. People who are willing and able to do work…

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

A: Unemployment rate = Unemployed / labor force * 100 labor force = employed + unemployed employment to…

Q: The real time population survey reports unemployment and labor force numbers while the BLS reports…

A: The real time population survey is a shorter span of survey to understand the labor market trend in…

Q: The labor force is comprised of a)the total number of working age people b) the total number of…

A: Labour force is also called labour pool.

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

A: Given: 987,156 Currently Working 9845 (ages 13-14) looking for work 23,000 volunteer workers 12,000…

Q: Labour force: 140,200 Individuals under 16 years: 12,400 Employment: 132,700 Imprisonment: 980…

A: Given: Labour force: 140,200 Individuals under 16 years: 12,400 Employment: 132,700 Working-age…

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

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

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: 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: Consider a small economy composed of six people: Van, Amy, Carlos, Deborah, Janet, and Felix. Each…

A: Van - Employed (as he is working, even if part-time) Amy - Unemployed (since she is jobless and…

Q: Based on the criteria used by Statistics Canada, identify each person's status as Employed,…

A: Edison - employed  Hilary- Unemployed  Kevin- not in the labor force  Simone- unemployed  Rajiv- not…

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: Which of the following is not in the labor force?          Retired Persons       Those Unemployed…

A: In an economy, the labor force differs from the working-age population as the labor force is a part…

Q: There are 42 unemployed people and 284 employed people. What is the unemployment rate?

A: Given that, The number of unemployed people = 42 The number of employed people = 284

Q: Suppose 35 000 000 people are in the labour force, 18 000 000 people are employed in the public…

A: Labor force is defined as a concept which refers to the pool of individuals who are both employed…

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: In a country number of employed is 27 million, number of unemployed is 3 million and population(+16…

A: Labor force = number employed + number unemployed Labor force participation rate = Labor force /…

Q: Suppose the population is 300 million people, the labor force is 200 million people, the number of…

A: Here, given information is, Population: 300 million Labor force: 200 million Employed: 185 million…

Q: time students over age 16, and 3 people who were disabled and cannot work. The remaining people did…

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

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: The unemployed are those people who do not have jobs. are not employed but are seeking work are not…

A: (Q1)The unemployed are those people who a. do not have jobs. b. are not employed but are seeking…

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

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

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: 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: Suppose that homemakers are included as employed in the labor force statistics, rather than being…

A: Employment: It refers to the people who are working in the total population or the people who are…

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: Laos' total population is 300,000. There are 60,000 people under the age of 16 in Laos. Laos' Labour…

A: Answer: Given, Total population of Laos = 300,000 People under the age of 16 = 60,000 Labor force…

Q: the cpi in 1930 equaled 0.20. the cpi in 1931 equaled 0.18. the rate of inflation between 1930 and…

A: The rate of inflation formula is: Inflation=CPIt-1-CPItCPIt-1Inflation=0.20-0.180.2Inflation=0.1%

Q: The number of persons employed. (1 mark) (ii) The number of persons unemployed. (1 m

A: 4)  Working-age population (WP) = Total population - people below 16 - discouraged workers - armed…

Q: Consider a small economy composed of six people: Andrew, Beth, Darnell, Eleanor, Kyoko, and Jacques.…

A: Unemployment means that people are actively looking for job at prevailing market wage rate but still…

Q: The total population of a country is 7658 million people. 2019 million people are employed, 1550…

A: Total Population = 7658 Number of employed people = 2019. and unemployed people = 1550 Number of…

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

A: Answer is given below

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

A: Disclaimer: Since you have asked multiple questions, we will answer the first three for you. If you…

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: using the data below calculate 1.the number of persons employed 2. the number of persons unemplyed…

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

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: (b) Using the following data calculate: (i) (ii) (iii) The labour force. (iv) The Labour Force…

A: The unemployment rate is defined as the percentage of the workforce that is unemployed. It's a…

Q: Consider the following labour market data. Adult Population-150 Not in Labour Force-50…

A: Given information: Adult Population-150 Not in Labour Force-50 Unemployed-30 To find: the number…

Q: If the Nominal GDP is 120 and the real GDP is 100 find the level of price index

A: Generally in the given question Nominal GDP is given as = 120 Real GDP is given as = 100 We need to…