Question: The table below uses data for the year 2000 provide by Statistics Canada and adjusted to be comparable to U.S. data. All values are in


The table below uses data for the year 2000 provide by Statistics Canada and adjusted to be comparable to U.S. data. All values are in millions.

  1. Fill in the blank entries in the table. Show your work

Country

Adult
Population

Labor
Force

Employed

Unemployed

Unemployment
Rate

Labor-Force
Participation
Rate

Japan

108.12

63.79

3.20

France

25.98

2.45

56.4 %

Germany

69.17

39.75

8.08 %

  1. What are some of the types of unemployment discussed in your learning materials.  What are some of the costs of such unemployment?  Is some types of unemployment more troublesome than others? Why or why not?

c. What policies can governments implement to reduce unemployment as close to the natural rate of unemployment as possible? (20 marks)

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