Question: how to claculate the labour force rate The labour force participation rate is For the following two questions, use the following labour force data Millions

how to claculate the labour force rate The labour force participation

how to claculate the labour force rate

The labour force participation rate is For the following two questions, use the following labour force data Millions Adult population 245 Not working 50 Unemployed 15 Labour force 210 Select one: O a. 85.7% O b. 35.7% O c. cannot be determined with the information provided O d. 90.0%

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!

Question A2 (15 marks) (a) Jackson is an engineer in an international company. His annual income is $3 million a year. Due to the outbreak of Coronavirus in Hong Kong and the lack of local production...

Consider a small economy composed of six people: Sam, Teresa, Andrew, Beth, Eleanor, and Darnell. Each person's employment status is described in the following table. Based on the criteria used by...

Section 1:2021 Economic Outlook (5 marks total) In this section, provide an outlook for the Australian economy for 2021 focusing on the nation's recovery from COVID-19. Things that you should include...

Consider a small economy composed of six people: Yakov, Ana, Charles, Dina, Juanita, and Gilberto. Each person's employment status is described in the following table. Based on the criteria used by...

Consider a small economy composed of six people: Charles, Dina, Gilberto, Juanita, Neha, and Lorenzo. Each person's employment status is described in the following table. Based on the criteria used...

Table below provide the data of labour force, employment and working age population of UAE of the last two years Labour Force Year Employment (thousands) Population (millions) (thousands) 2018 9343...

Hi, Can someone please help with these economic questions asap? I need help please, thank you! Question 1 Which of the following are examples of predistribution policy? Not yet saved i. compulsory...

Exercise 1 - Slutsky equation 1. Assume there are two goods, 1 and 2. Illustrate graphically the Slutsky decomposition of a decrease in the price of good 1 under the assumption that it is a normal...

If employers win major wage concessions in many industries, what will be the effect on short-run aggregate supply? Question 1 options: It will shift right (a decrease in aggregate supply). It will...

You have been scouring The Wall Street Journal looking for shares to add to your (large) portfolio. The table presents data that you have collected on shares that look promising. You have calculated...

Consider a country where the level of excess reserves fluctuates widely and unpredictably. Would such a country be a good candidate for a money growth rule to guide monetary policy? Explain your...

21. Project Evaluation (LO1, 2) Fox Hollow Franks is looking at a new system with an installed cost of $540,000. This equipment is depreciated at a rate of 20 percent per year (Class 8) over the...

5. Evaluate the following integrals using the method of indefinite integral. (a) Sa sin? z dz, C from -Ti along |2| Ans: ni (sin(2ri) sin(-2ri)] = T to ni in the right half plane (b) Sa ze" dz, C...

1 6. Explain why the integral Sa = 7 traversed in counter clockwise direction, cannot be evaluated by the method of indefinite integral. dz, where C is the circle |z| z-3i

The solution of zy' = y + 3x* cos (), v(1) = 0 is Select one: O a. y = (z 1) tan '(2 - 1) O b. y = 2? tan '(23 1) O c.y = a tan '(r? 1) O d. y = z tan '(r - 1)

n 1 The solution of y' 3y (z + 1)* is I+1 ed Select one: I out of O a. (* + 1) (? + x +c) question O b. (z + 1)2(2 + z +c) O c. (z + 1)(a + 2a +c) O d. (z + 1)"(2 + z +c)

Harper Company lends Hewell Company $40,000 on March 1, accepting a four-month, 6% interest note. Harper Company prepares financial statements on March 31. What adjusting entry should be made before...

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

1. To learn how to develop a vision that can be communicated. To gain insight into the importance of game theory for communication strategies.

9. Take a view or attitude that you hold strongly. Search for information that is opposed to this view or attitude. Discuss.

2. In what way can we say that method affects the result we get?