Country A's labor market displays the following data: Working age population: 10000 Labor Force: 7000 Unemployed: 1000 Vacancies: 800 What is the employment to population ratio? If your answer is - for example - 0.467, i.e. 46.7%, report 0.467 (3 decimals)
Q: 4.5 You are given the following data concerning Freedonia, a legendary country: (1) Consumption…
A: At market equilibrium condition AD = AS where AE or AD = C+I and Y = C+S because income is used for…
Q: Why should the government strictly regulate internet oligopolies to reduce the abuses of market…
A: Oligopoly marketplaces are those in which a limited number of providers dominate the market. Their…
Q: c) Given Y = 10K0.5L0.5 and that w and r are the prices for Labour and Capital i) Derive the…
A: Given information q=10L0.5K0.5 Price of labor=W Price of capital=r
Q: Price P1 P2 D Quantity Q1 Q2 Q3 Figure 3 Domestic market for a good Figure 3 shows a country's…
A: Doemstic market equilibrium with no trade occurs when Demand and supply of goods are equal at…
Q: If Gross National Product at market prices is RM200 billion, depreciation is RM25 billion and…
A: Given information GNP at market price = RM 200 billion Depreciation = RM 25 billion Indirect taxes =…
Q: Suppose that we are in a country Localia, again trading LCL as our currency. We are still trading…
A: The Central Bank is the regulating body of the banks within a country. It oversees the banks’…
Q: suppose you have $1 million to invest. You are considering to invest in UK first, then convert…
A: (1+id)= F/S*(1+if) here: id = interest rate in the domestic currency or the base currency if =…
Q: Beta and volatility differ as risk measures in that beta measures only non‑systematic risk, while…
A: Risk refers to the possibility of future profits or outcomes deviating from expectations.Risk refers…
Q: in UK: 1% Investment period: 1 year Current exchange rate: 1.52 $/BP Forward exchange rate…
A: The correct answer is given in the second step.
Q: Suppose that there is a constant technological progress (A) and population growth (n) in a sample…
A:
Q: 6. The official inflation rate likely overstates the perceived inflation rate by consumers because…
A: The correct answer is given in the second step.
Q: 1. How long will it take for an investment to triple at 10% per year (a) simple interest and (b)…
A: Given: Interest rate=10% Note: Due to multiple questions being posted, the first question has been…
Q: explain how, using elasticity as the basis for your answer, it can be determined whether two goods,…
A: Elasticity is used to compute the relationship between mean two components, it determines the change…
Q: Dollars /MC ATC per 10 8 VMR D. H000 13,000 000'0 O 76 5
A: In a monopolistic competitive market, marginal revenue curve lies below the demand curve because the…
Q: In the diagram below, if legislation allows Angela to be at point F, if Angela and Bruno can bargain…
A: Indifference Curve is the curve that shows a person’s utility level for different combinations of…
Q: What actions should be taken by 'European Central Bank' to counter the negative affects of the…
A: There are many reasons behind the Russian-Ukraine war, the main reason behind it can be considered…
Q: All of these are correct regarding types of economic evaluation EXCEPT: a. In Cost Benefit Analysis,…
A: In the economic evaluation, Cost-utility analysis is an analysis that is used to compare the cost…
Q: Demand: Supply: 3 Q Price ceiling = 11 4 Q 11 P = 60 - P = 4 + 12 Demand: P = 20 40 Price floor = 8
A: Since you have specifically asked for Q# 11, we are providing the solution only for that subpart.…
Q: 4 3 4 - Sim plicity assume there is po dustin cest. no If Hhe Compony ties the two proqucts…
A: Productivity costs happen when the productivity of people is impacted by ailment, treatment,…
Q: Can introducing a sugar tax help in the battle against obesity in Malaysia? give some support to the…
A: Tax refers to the collection of money by the government of a country from its people and firms. The…
Q: Suppose that there is a constant technological growth (g) and population growth (n) in a sample…
A: The production function shows the relationship between inputs and output. It means as we hire two or…
Q: what problem could arise with consumers' net demand functions as any price becomes zero? what axiom…
A: Consumer Theory It states that as a commodity is consumed more and more, people derive less and less…
Q: 15. There is a shortage of bottled water in California, and the governor decides that the government…
A:
Q: Suppose for commodity X, the price elasticity of demand is 3 and the Marginal cost is RM 200.…
A: We use the inverse elasticity rule here. Which is: (P - MC)/P = 1/elasticity So here we have (P -…
Q: A health club membership could be considered a form of investment. Click or tap "True" or “False" to…
A: We put billions of dollars every year in prescriptions, new innovations, specialists, and medical…
Q: An nore pro and innovative, which leads to a better standard of living for everyone. However, when…
A: Meaning of Positive Externality: This happens when the utilization or creation of a worthwhile…
Q: Consider a Bertrand oligopoly with two firms (Firm 1 and Firm 2) both selling goods that are…
A: Best response function is determined where MR = MC
Q: phenomenón Explain the resource curse phenomenon and discuss how its effects can best be mitigated…
A: The resource curse, also known as the abundance paradox or the poverty paradox, is a phenomenon in…
Q: Consider a closed economy to which the Keynesian-cross analysis applies. Consumption is given by the…
A: Given: C=100+0.6(Y-T) Note: Due to multiple subparts being posted, the first three subparts have…
Q: Because industry X is characterised by perfect competition, every firm in the industry is earning…
A: The perfectly competitive market is characterised by the large number of buyers and sellers in the…
Q: What is countertrade?
A: International trade refers to the flow of goods and services that is place between different…
Q: Question 7 for th below two machines and based on CC analysis which machine we should select?…
A: Given; First cost= $26816 Annual cost= $10052 Salvage cost= $7881 Life= 3 years
Q: Chapter 7: Growth accounting Assume: Yı = 1000 K1 = 2500 LF1= 500 Y2 = 1300 K2= 3250 LF2=575 g = 30%…
A: Answer Given Below....
Q: Table 24-7. The table below applies to an economy with only two goods – hamburgers and hot dogs. The…
A: Cost of living is measured by consumer price index which fixes the quantities of the goods constant.
Q: how has inflation in Zimbabwe affected it Bilateral, Regional and Multilateral Trade Agreements
A: Inflation: When there is an increment in price level seen in a regular manner then it can be…
Q: The exchange rate last year was $1 - 1.1 euros. This year it is $1= 1.2 euros, We can say that the…
A: Given, Last year $1=1.1 euros This year $1=1.2 euros
Q: Suppose that the demand for sweatshirts at the university bookstore is given by: P = 40 – 0.2Q A)…
A: Elasticity measures the responsiveness of quantity demanded to changes in price level.
Q: It is not possible for a country to experience A. economic growth and economic development…
A: Economic development usually takes precedence over economic expansion. Economic growth refers to the…
Q: Suppose that a salesperson has the following contract relating monthly sales, S, to her monthly pay,…
A: On the first 500,000 of monthly sales, commission earned, 10% Let the sales be S So, her commission…
Q: Please provide a short and concise answer to the following question: Why are exchange rates…
A: Exchange rate is the rate at which nation's currency are exchanged . Foreign exchange is used to…
Q: the outcome in a monopolistically competitive market desirable f andpoint of society? Can the…
A: A market structure described by a solitary vender, selling a special item in the market. In a…
Q: If the number of buyers in a market decreases, then Group of answer choices A. supply will decrease…
A: Demand curve shows an inverse relationship between price and quantity demanded. It slopes downward.…
Q: If a monopolist sells 100 units at $9 per unit and realizes an average total cost of $8 per unit,…
A: "Profit is computed by deducting total cost (average total cost multiplied by quantity) from total…
Q: Labor Output Fixed Cost Variable Cost (Number of workers) (Units) (Dollars) |(Dollars) 30 100 30 15…
A: Total cost is the sum of fixed cost and variable cost. Fixed cost is the cost that remains same at…
Q: If the hourly wage is $6, this business should hire workers; and if hourly wage is $31, this…
A: Equilibrium labour is determined where MR>= MC= Wage where Wages are 6 and 31
Q: A 50-mgpd (million gallons per day) water treatment plant is proposed for 2024 in Ureka. A 60-mgpd…
A: Inflation is basically defined as the rate at which prices rise over a certain period of time.As a…
Q: For the cash flows shown, determine the incremental cash flow between machines B and A. Machine A В…
A: The net cash flow of every investment consists of an initial cost, next comes the operating cost…
Q: U, Uz U3 U4 Us 20 28 42 60 Income Currently the consumer has $60. If there is an accident their…
A: Given information Income=60 When accident income=20 Probability of accident=0.45
Q: 6. In this problem, we analyze the effects of an import quota applied by a country facing a Foreign…
A: A quota is an administration forced exchange limitation that restricts the number of the…
Q: Suppose the equation for the demand curve in a market is P=100 – 20. Also, suppose the equation tor…
A: When there is a negative externality, social cost is the sum of private cost and external cost.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- if the labor force is 250,000 and the total population 16 years of age or older is 300,000, the labor force participation rate is ?Suppose the labor force participation rate is 40% and adult age population is 100 million calculate labor force ?The Population Survey in Blogsville for the past month is given in the table. In Blogsville last month, how many people were in the labor force and how many people were in the working-age population? In Blogsville last month, million people were in the labour force and were in the working-age population OA 72, 76 OB. 76:90 OC. 83,987 OD. 76: 109 million people Question facts 1.61 million people had full-time jobs 2.11 million people had part-time jobs 3.4 million people were without work but were available for work and had made specific efforts to find a job within the past four weeks or were waiting to be recalled from a layoff or had a new job to start within the next four weeks 4.3 million part-time workers were looking for full-time jobs 5.22 million people of working age did not have jobs and did not want jobs
- Category Total population Less than 16 years of age Over 65 years of age Institutionalized 15 Part-time workers 40 Full time workers 145 Actively looking for work 10 In the US Armed forces 20 The Labor force participation are is 95% 83.% 80% 93% a. b. C. Number of people (million) 305 d. 30 5How do you determine the unemplyment rate of 9% is there a formula?Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs. Japan (called the 'Activity Rate' in the OECD data). Based on this chart, answer the questions below: FRED Actvity hate Aged 158 AN Persans r the thot Stanos Actvity RateAged 15 AN Persans for Apar 22 2002 2004 2006 010 2012 20 Sdng areas ndicale US recessioHIS Source Orgazation for Economc Co operaion and Develpment med souisled.org a) How could these trends in thé US & Japanese Labor Force Participation (LFP) rates impact per capita real GDP growth rates in their respective countries (i.e. in the U.S & in Japan)? Are there any factors which could mitigate the impact of these LFP trends on growth? b) What factors are likely to impact the trends in U.S. and Japanese LFP in the next year? Over the next 10 years?
- After instructor's review, the percentages were incorrect. upon examining the book the solution is still unknown on how to compute the correct information needed to solve. What is the current labor utilization of each labor type?Use the graph to answer the following question. Median Annual Earnings of Full-Time, Year-Round Workers Ages 25-34, by Educational Attainment: 2019 Delars S0.000 0.000 S70.000 70.000 S50,700 60.000 $55,700 S0.000 $44700 S31,700 $40.000 40,000 S35.000 $29,300 30.000 20.000 10.000 Some college, no degree Assodale's degree Bachelor degree Masters or higher degree Al educational Less than High school completion Total ettainment levels high school completion Bachelor's or higher degree Educational atainmest Which of the following statements is supported by the information in the graph? O A. High school graduates earn an average income. B. Investing in education leads to a higher standard of living. O. C. Education has little impact on the earnings of workers. O D. The costs of post-secondary education are greater than the benefits. 7 8 9. 4. W e m b n altAnalyse the factors determining the wage rate in the labour market. words count:450-600
- Using the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part -Time Workers 56 family workers who worked 15 hrs a week 234 Self Employed 6543 Discouraged Workers 67, 432 (ages 23-25) looking for work 67, 890 laid off receptionists looking for work 544, 321 (ages 16-20) looking for work Current population is 6,000,000 5454 Temp Workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized (c) suppose that 20,000of tghe employed switches to jobs in the underground economy. When interviewed by STATIN, 50% of these switchers report that they are not workingnand not seeking work, while the other 50% report that they are not working but seeking work. Explain what happens to the official unemployment rate and the "true" unnemployment rate. (d) Illustrate and carefully explain the impact of an increase in the…Using the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part -Time Workers 56 family workers who worked 15 hrs a week 234 Self Employed 6543 Discouraged Workers 67, 432 (ages 23-25) looking for work 67, 890 laid off receptionists looking for work 544, 321 (ages 16-20) looking for work Current population is 6,000,000 5454 Temp Workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized (i). The number of persons employed. (ii). The number of persons unemployed. (iii). The labour force. Type answer pleaseUsing the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part -Time Workers 56 family workers who worked 15 hrs a week 234 Self Employed 6543 Discouraged Workers 67, 432 (ages 23-25) looking for work 67, 890 laid off receptionists looking for work 544, 321 (ages 16-20) looking for work Current population is 6,000,000 5454 Temp Workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized (iv) The labour force Participation rate (v). The "official" unemployment rate Type answer please