Suppose that the U S noninstitutional adult population is 230 million and the labor force participation rate is 67 percent What would be the size of the U S labor force If 85 million adults are not working, what is the unemployment rate ...

a Of 230 million 67 percent or 1541 million b Of the 230 million adults in t ...

Suppose that the U.S. noninstitutional adult population is 230 million and the labor force participation rate is

Question:

Suppose that the U.S. noninstitutional adult population is 230 million and the labor force participation rate is 67 percent.

What would be the size of the U.S. labor force?
If 85 million adults are not working, what is the unemployment rate?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

See More Books

Question Posted: Oct 07, 2023 11:39 PM

See More Questions

Answer the following questions about unemployment: a. If a country has a noninstitutional population of 200 million and a labor force of 160 million, and 140 million people were employed, what is its...
What would be the labor force participation rate if: a. The __________ population = 200 million, the labor force = 160 million, and employment = 140 million? b. The __________ population = 200...
1. Should the FR raise interest rates, the FR will sell bonds to the private sector at a lower price. a. True b. False. 2. In the new equilibrium, it is the new money demand that creates the new...
Sheridan Inc. is a retailer operating in British Columbia. Sheridan uses the perpetual inventory system. All sales returns from customers result in the goods being returned to inventory: the...
A nations need for international reserves is similar to an individuals desire to hold cash balances. Explain.
Over the past few months, Wilson Tech Company produced and sold 10,000 units of Wartex each month. Monthly costs for Wartex are as follows: Direct materials...
In a binomial tree with $n$ steps, let $f_{j}=f_{u \ldots u d \ldots d}(j$ times $u$ and $n-j$ times $d$ ). For a European Call option expiring at $T=n \Delta t$ with strike $K$, show...
Drums, bins, boxes, and other containers that are used in the petroleum industry are sold by Holden Inc. One of the company's products is a heavy-duty, environmentally friendly, corrosion-resistant...
Explain the alternative accounting methods for situations relating to long term liabilities and equity
Using a demand-supply diagram for loanable funds (like Exhibit 11), show what happens to the nominal interest rate and the equilibrium quantity of loans when both borrowers and lenders increase their...
Refer to Exhibit 1 in the chapter to determine whether each of the following statements is true or false. Some people who are officially unemployed are not in the labor force. Some people in the...
If the United States were to impose additional tariffs on cars imported from Japan, what would happen to the price of Japanese cars sold in the United States? What would happen to the price of...
Find the inverse for each function. Then graph the function and its inverse. If necessary, restrict the domain of f(x) so that the inverse is a function. 24-29. See Ch. 5 Answer Appendix. 24. f(x) =...
How do you find the following answers: Bottom Quartile - ROA Bottom Quartile Upper Limit - ROA Average Goodwill/Total Assets Average Goodwill/Total Assets - Bottom Quartile ROA Bottom 50%-ROA Bottom...
How to solve the problem with this? 2018 IES AND SHAREHOLDERS' EQUITY Liabilities Accounts Payable - Growers $ 0.00 Accounts Payable - Misc 5,158.00 Tax Payable Payroll Total Current Liabilities...
What is franked distribution in partnership? How is it calculated? 51 Statement of distribution PARTNER 1 NON-INDIVIDUAL Tax file number (TFN) 666 000 666 NAME (company, partnership, trust etc.)...
1) For the following circuit, a) Determine the frequency for which X, is equal to R b) Explain the change of total impedance with frequency, without resorting to a single calculation c) Determine the...
For each of the following application files, discuss the relative merits of sequential, direct, and indexed- sequential file organization: a. Open-order file in a large manufacturing firm b. Accounts...
What tools are available to help shoppers compare prices, features, and values and check other shoppers opinions?
How does the law of diminishing marginal returns affect a firms demand for labor?
Many countries are predominantly agricultural. How would changes in the supply of fertilizer affect the marginal product, and thus the income, of farmers in such countries?
Explain the rule for determining optimal resource use when a firm employs more than one resource.
You deposited $1000.00 today in a new account with fixed interest. Interests are compounded monthly. In 10 years, the account balance grows to 2850.00. What's the APR on this account? Note: Keep two...
I need help with a business plan the business is a restaurant please read each instruction before answer those questions and answer each question one by one thank you 1: 2: and forth Summarize what...
You can buy EURUSD in the London market at 1.1900, you can buy USDCHF in New York at 0.9500, and you can sell EURCHF in Zurich at 1.1405. Given this information, is there an arbitrage opportunity?...

Suppose that the U.S. noninstitutional adult population is 230 million and the labor force participation rate is

Question:

Step by Step Answer:

a Of 230 million 67 percent or 1541 million b Of the 230 million adults in t...View the full answer

Economics A Contemporary Introduction

Students also viewed these Business questions