Question: Instructions: Answer all questions. This should be submitted at the next Tutorial Class 1. In a certain economy the population 18 years old or

Instructions: Answer all questions. This should be submitted at the next Tutorial

Instructions: Answer all questions. This should be submitted at the next Tutorial Class 1. In a certain economy the population 18 years old or over was 305.1 million, the labour force was 147.3 million, and the number of employed persons was 128.6 million. (a) Calculate the Unemployment Rate and the Labour Force Participation Rate (4 marks) (b) Calculate the new Unemployment Rate and Labour Force Participation Rate if one million unemployed persons dropped out of the labour force.(4 marks)

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 Accounting Questions!

Backflush versus Traditional Costing: Variation 1 Potter Company has installed a JIT purchasing and manufacturing system and is using backflush accounting for its cost flows. It currently uses a...

a f(x, y) = x ln(y) at P(1, -3) b f(x, y, z) = xe2yz at P(3,0, 2) a $ f(x, y)=x \ln (y) $ at $ P(1,-3) $ b $ f(x, y, z)=x e^{2 y z} $ at $ P(3,0,2) $Find the directional derivative of $ f $...

Part C: 4 case questions @ 10 marks each. The case provided is "Robin's Risky Re-Do: A Services Marketing Challenge". Do not refer to events after the time of the case (Nov 2018). 31. a) What Robin's...

Do question 4 for JAN 2013 and question 3 and 4 for July 2012.This module is income tax for singapore.Do it in microsoft word. ACC213 Examination - January Semester 2013 Introduction to Income Tax...

P L E A E A N S W E R T H E F O L LO W I N G M AT H Q U E S T I O N S . QUESTION 1 1. Find the simple interest on a $400 investment made for 5 years at an interest rate of 7%/year. What is the...

4 Files 3:18 PM Fri May '13 Insert Draw Layout Review View Unit SMacroeconomic Policy Name: HR: FISCAL POLICY Use the space below to take notes during class. Disposable Income: How does a change in...

4 Files 3:17 PM Fri May 13 Insert Draw Layout Review View Unit SMacroeconomic Policy Name: HR: POLICY BASICS Use the space below to take notes during class. The Federal Reserve: Monetary Policy:...

As if dealing with economic cycles, fuel price volatility, organized labor, changing customer demographics, and increased competition was not enough... Delta CEO Ed Bastian assumed the role of Deltas...

1-Please provide 5 cross-examination questions for: Chris Moss Dr. Gerry Stein Sydney Payne Terry Preece Leslie Brown Alex Lloyd 2-Explain why/how/if you would use exhibits A, B, C, and D. 3-What...

IfyouhaveplayedaSimulationcalledProBankerIneedhelpansweringthesequestionsassoonaspossible from the pro bankerassignment attachment..please use spreadsheet and players manual for reference. Need...

List and define the seven report attributes.

Write a bash script Take input of ages of 5 students by user and determine oldest and youngest among them.

8.82 The circuit in Fig. 8.123 is the electrical analog of body functions used in medical schools to study convulsions. The analog is as follows: C 1 = Volume of fluid in a drug C 2 = Volume of blood...

Petit Industries has $100,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: The working capital needed for project B will be released at...

For 2010, Othere Technology Company initiated a sales promotion campaign that included the expenditure of an additional $20,000 for advertising. At the end of the year, George Wallace, the president,...

Show how to maintain a dynamic set Q of numbers that supports the operation MIN-GAP, which gives the magnitude of the difference of the two closest numbers in Q. For example, if Q = {1, 5, 9, 15, 18,...

The balance sheet of Alex Bros. follows: Of the 200,000 common shares authorized, 50,000 shares were issued for $8 each when the company began operation. There have been no common stock issuances...

A fireman clings to a vertical ladder and directs the nozzle of a hose horizontally toward a burning building. The rate of water flow is 6.31 kg/s, and the nozzle speed is 12.5 m/s. The hose passes...

The FTSE Canada T - Bill Index is based on the return of treasury bills for what specific time frame? A . 3 1 days. B . 6 0 days. C . 1 8 0 days. D . 9 1 days.

Consider the trends as analyzed in the last section. Why, in your opinion, are greenfield investments are on the rise? What other changes can be expected in the coming years in terms of the Chinese...

Over the last decade, Chinese investments in the European Union have been welcomed. What do you think the latters likely attitude toward Chinese investment in the longer term would be? LO1

How can FDI be seen as efficiency seeking? LO1