Question: How is the unemployment rate calculated, illustrate using the example: Total population 1550; Employed 750; discouraged workers 30; frictional unemployed 100; cyclical unemployed 130; structural

How is the unemployment rate calculated, illustrate using the example: Total population 1550; Employed 750; discouraged workers 30; frictional unemployed 100; cyclical unemployed 130; structural unamployed 150; part time workers 75; marginally attached workers 80.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Bertallo Classic produces tomato sauce at five different plants. The tomato sauce is then shipped to one of three warehouses, where it is stored until it is shipped to one of the companys four...

1. List the characteristics that must exist for one to be clasified as unemployed 2. How is the unemployment rate calculated, illustrate using the example: Total population 1550; Employed 750;...

-List the characteristics that must exist for one to be clasified as unemployed 2. How is the unemployment rate calculated, illustrate using the example: Total population 1550; Employed 750;...

Which of the following would be considered scarce? Televisions Automobiles Computers III only. II and III only. I and II only. I and III only. I, II, and III. In the circular flow diagram, tax...

1. 1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people: Nick, Rosa, Tim, Alyssa, Crystal, and Brian. Each person's employment status...

1. Measuring employment, unemployment, and labor force participation Consider a tiny hypothetical economy composed entirely of the following people: Gilberto, Juanita, Lorenzo, Neha, Teresa, and Sam....

Please helpFrom the text- please make one annotation per page Workbook please complete using the text 4 Files 4:01 PM Fri May '13 Insert Draw Layout Review View Unit 4Economic Indicators Name: HR:...

Please help...thank you! PART A - MULTIPLE CHOICE QUESTIONS 1. Real GDP is nominal GDP adjusted for: A) double counting. B) changes in prices. C) population. D) imports. 2. What do a rubbernecking...

Please help me with these questions of Macroeconomics 1 . The economy's income and expenditure The following diagram presents a circular-flow model of a simple economy. The outer set of arrows (shown...

DO NOT EXPLAIN AND DO NOT TYPE THE WHOLE ANSWER, JUST TYPE: A, B, C, OR D. Suppose the CPI figures for a country are as follows: CPI in 2004 is 158 / CPI 2005 is 165 / CPI 2006 is 160 / CPI 2007 is...

Which of the following statements explains the difference between final goods and intermediate goods with regards to the GDP? a Final goods are semi-finished goods used in the production of...

The owner of the Consolidated Machine Shop has $10,000 available to purchase a lathe, a press, a grinder, or some combination thereof. The following 0-1 integer linear programming model has been...

New Heritage Doll Company: Capital Budgeting NPV Sensitivity Analyses NPV of Match My Doll Clothing Line Extension NPV if TV growth rate TV=BV of Discount rate 0% 1% 2% 3% NWC + PPE 7.70% 8.40% 9.00%...

Marta' ) company sels stock to investors. What type af capital market lone is thes? debt dividend equity rothers

Stein Books Inc. sold 1,900 finance textbooks for $250 each to High Tuition University in 20X1. These books cost $210 to produce. Stein Books spent $12,200 (selling expense) to convince the...

Sunshine Incorporated provides solar energy services to Toronto. Sunshine needed to buy additional solar energy panels to meet the demand for its energy product. The government of Ontario offered an...

Ripley Corporation's accumulated depreciation-furniture account increased by $11,575, while $2,500 of patent amortization was recognized between balance sheet dates. There were no purchases or sales...

As controller of Tallman Company, you are responsible for keeping the board of directors informed about the company's financial activities. At the recent board meeting, you presented the following...

Identify whether each of the following would be reported as an operating, investing, or financing activity in the statement of cash flows. (a) Payment for selling expenses (b) Issuance of bonds...

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

2. In this chapter, the reader should reflect on the following concepts: Differences, relationships, processes, patterns, contexts, symmetrical rela-tionships, complementary relationships, linear...

1. Discuss the following statement: Everything is seen, heard and said by a subject, and accordingly is subjective.

1. This chapter is designed to give the reader an understanding of how the way a problem is framed is crucial for how it is perceived, both by the recipient of a message and the person who wants to...