Based on the following data, compute a) the unemployment rate, b) the structural unemployment rate, c) the cyclical unemployment rate. fractional unemployment: 2 percent  national unemployment rate: 5 percent  civilian labor force: 100 million  number of employed persons: 82 million

Q: The Bangladesh Bureau of Statistics report that the population of the country in 2019 was 170…

A: Answer: Given, Total Population= 170 million Adult population= 60% of total population Adult…

Q: For the following situations, identify the type of unemployment each represents.            a.…

A: Cyclical unemployment occurs due to the business cycle in the economy . When there is a recession,…

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

A: The unemployment rate is the percentage of unemployed people among the total labor force.

Q: The natural rate of unemployment is decomposed into unemployment. cyclical and frictional structural…

A: The natural rate of unemployment is a sum of structural and frictional unemployment.

Q: In a country with a population of 75 million people there are 19 million children under the age of…

A: Unemployment rate refers to the percentage of labor force that is unemployed.

Q: A country with a civilian (work-eligible) population of 90,000 (all over age 16) has 70,000 employed…

A: The natural rate of unemployment is different than the normal rate of unemployment where the natural…

Q: Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the…

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

Q: Suppose the unemployment rate is 7% under one of these two outcomes and 5% under the other. Based on…

A: As higher output associated with lower unemployment and lower output is associated with higher…

Q: Suppose the population of a fictional economy falls into the following categories:  28 million are…

A: Unemployment rate: - it is the percentage of people out of the total labor force who are able and…

Q: Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the…

A: Solving question.below

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

A: According to the Bureau of Labor Statistics an individual is considered unemployed if he does not…

Q: The natural rate of unemployment O increases during recessions and depressions. equals the…

A: Unemployment is a situation in which a person who is willing and able (capable) to work do not find…

Q: The unemployment which is in excess of the NAIRU is called _____. A.seasonal unemployment…

A: Answer: NAIRU: The non-accelerating inflation rate of unemployment (NAIRU) refers to the level of…

Q: Calculate the unemployment rate based on the following information: Working-age population: 219…

A: Unemployment is an economic problem that occurs when people who are able and willing to work fail to…

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: Which of the following contribute to the natural rate of unemployment? Instructions: You may select…

A: Unemployment is a situation when a large part f the population is looking for work but is not…

Q: Suppose that the employment rate is 55.0% and unemployment rate is 5.0%. What is the participation…

A: The participation rate is the percentage of the total population employed and actively looking for…

Q: Consider an economy with the following data: Population (civilian, 16 and older,…

A: Unemployment rate=unemployed/labor force*100 Labor force=employed+unemployed=188+12 =200

Q: Distinguish unemployment from the natural rate of unemployment.

A: Unemployment is a situation of a person who is actively looking for a job but unable to find a…

Q: Suppose that in an economy the structural unemployment rate is 2.1 percent, the frictional…

A: Cyclical unemployment is the type of unemployment where people loose their job as per economy trend…

Q: is the percentage of the working-age population who are working full-time or are working part-time -…

A: Z Pop ratio is percentage of working  age population  who are employed or under 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: calculate the unemployment rate: Total adult population over the age of 16 83 million Total in the…

A: Formula for calculation of unemployment rate: Unemployment rate = (Total unemployed population /…

Q: Suppose that in a population of 200 million persons, 150 million are in the labor force and 120…

A: Unemployment refers to the individuals who are not employed but are actively looking for…

Q: The table describes hypothetical employment statistics for a country in a given year. Full-time…

A: The labor force comprises of those who are employed as well as those who are unemployed and looking…

Q: Suppose the population of a fictional economy falls into the following categories:  28 million are…

A: Labor Force = Total Employed + Total Unemployed Unemployment Rate = Total Unemployed / Labor Force *…

Q: Distinguish between the level of unemployment and the rate of unemployment

A: Unemployment can be defined in a lot of ways. One common way to define unemployment is as a state in…

Q: Assume the following described the population in The Bahamas when the unemployment survey was…

A: The unemployment rate is defined as the number of people who are not currently employed but are…

Q: The Bangladesh Bureau of Statistics report that the population of the country in 2019 was 170…

A: It is given that 60% of the population is adults = 60% of 170 is equal to 102M. Unemployed=30M Not…

Q: Calculate unemployment rate and labor force participation rate for both 2019 and 2020 given the…

A: Answer: The formulas to be used are given below: Unemployment rate=unemployedlabor…

Q: In 2009, Papua New Guinea had an estimated natural rate of unemployment equal to 4.7% and an actual…

A: The fluctuations in the business cycle as a result of recession and booming will leads to cyclical…

Q: In a country with a working-age population of 22 million, 16 million are employed, 2 million are…

A: labor force=employed + unemployedlabor force=16+2labor force=18 millions

Q: Official unemployment rates may underestimate the true rate of unemployment because the official…

A: GIVEN DATA    The official unemployment rate may underestimate the true rate of unemployment because…

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

A: Answer is given below

Q: Consider an economy with the following data: Population (civilian, 16 and older,…

A: Unemployment rate=unemployed/labor force*100 Labor force=employed+unemployed 400=364+unemployed…

Q: Q.1.4 Out of 20 million people in the population, 9 million people are in the labour force and 3…

A: Definition: Unemployment: Unemployment occurs when a person who is a part of the labor force…

Q: The three people described in the following table are categorized as unemployed by the Bureau of…

A: Unemployment Type Van recently lost his job as a waiter at a local restaurant. A recent increase in…

Q: Jeb lost his job at Amazon when drones began to deliver packages. Jeb would be classified as which…

A: There are various types of unemployment.

Q: Suppose that 20,000 of the employed switches to jobs in the underground economy. When interviewed by…

A: Unemployment is a term alluding to people who are employable and effectively looking for a job yet…

Q: The natural rate of unemployment is: found by dividing total unemployment by the size of the labor…

A: Natural rate of unemployment means that there is some level of unemployment existing in the economy…

Q: All frictional unemployment is short-term unemployment; all structural unemployment is long term…

A: Unemployment is the status of not being able to find work despite actively looking for one.…

Q: Assume that 2 million individuals enter the labor force this month and all of them find jobs. This…

A: GIVEN   Assume that 2 million individuals enter the labor force this month and all of them find…

Q: The estimate of the current natural rate of unemployment rate in the United States is approximately…

A: Natural rate of unemployment exist due to the flexibility in labor market i.e. labor can move freely…

Q: Assume you have the following information about the unemployment rate among different groups in the…

A: