Question: I can't solve these two questions especially num.3 1. The table below uses data for the year 2003 provided by the Bureau of Labor Statistics


I can't solve these two questions especially num.3


1. The table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the blank entries in the table. Labor-Force Adult Labor Employed Unemployed Unemployme Participation Population Force Rate m-m ____ m 3. Suppose that there is an excess supply of high-qualied economics professors at the University of International Business and Economics in Beijing. Should UIBE necessarily reduce professors' salaries? Please give your suggestions by using standard economic theory and eiciencywage theory
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