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- A country has a total population of 500 people. Of those, 50 are under the age of 16 or institutionalized. 100 are retired. The rest are in the labor force. Of those in the labor force, 25 are part-time workers that would like to be working full time. There are 30 unemployed workers. What is the unemployment rate (rounded to the nearest whole percentage point)?Bell-land's economy had an unemployment rate of 3% then the economy went into a recession and the growth rate decreased by 3%. What will happen to the unemployment rate? Group of answer choices It will increase to 4% It will increase to 6% It will decrease to 1% It will not change.If the number of people classified as unemployed is 5,000 and the number of people classified as employed is 45,000, what is the unemployment rate? Group of answer choices 5% 9.5% 4.5% 10%
- Calculating inflation using a simple price index: Please help me with this practise question.Calculate unemployment rate if adult population of the nation is 800 people of which 450 people are working and 30 are looking for working.Name 7 forms of indexing in the private and the public sector? Idenitify several parties likely to be helped and hurt by inflation?
- Jack is trying to get an estimate of the unemployment rate in a particular neighborhood. Jack selects a sample of 5 people. The real (and unknown to Jack) unemployment rate is 10%. What is the probability that exactly one of the people Jack selects is unemployed? Round your answer to three decimal places, eg 0.829.According to the price index, it costs 200 dollars to buy a typical basket of goods in one year. However, it costs 220 dollars in the following year. What is the inflation rate? Group of answer choices Not enough information. We need to know interest rates. 9% 10% 12%calculate the inflation rate for 2012 and 2013.
- If inflation is anticipated A. it is costless to society B. debtors gain C. it costs less to society than if unanticipated D. creditors gainName several forms of indexing in the private and the public sector? Identify several parties likely to be helped and hurt by inflation?Whose unemployment rates are commonly higher in the U.S. economy: whites, nonwhites, young, middle aged, college graduates, or high school graduates? Group of answer choices high school graduates young middle aged
