Suppose, 60 million people are employed 10 million unemployed, and 30 million not in the labor force.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (14 reviews)
The civilian noninstitutional popul...View the full answer
Answered By
Sheikh Muhammad Ibrahim
During the course of my study, I have worked as a private tutor. I have taught Maths and Physics to O'Level and A'Level students, as well as I have also taught basic engineering courses to my juniors in the university. Engineering intrigues me alot because it a world full of ideas. I have passionately taught students and this made me learn alot. Teaching algebra and basic calculus, from the very basics of it made me very patient. Therefore, I know many tricks to make your work easier for you. I believe that every student has a potential to work himself. I am just here to polish your skills. I am a bright student in my university. My juniors are always happy from me because I help in their assignments and they are never late.
4.90+
14+ Reviews
24+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Suppose 100 million people are in the civilian labor force and 90 million people are employed. How many people are unemployed? What is the unemployment rate?
-
Suppose the following data describe a nations population: (a) How many people are unemployed in each year? (b) How many people are employed in each year? (c) Compute the employment rate (i.e., number...
-
Suppose that the U.S. nonmilitary, noninstitutionalized adult population is 254 million, the number employed is 156 million, and the number unemployed is 8 million. a. What is the unemployment rate?...
-
Explain why rewarding sales personnel on the basis of total sales might not be in the best interests of a business whose goal is to maximize profits.
-
Computer software companies are generally more profitable than grocery stores because their gross profit percentages are usually at least twice as large. Do you agree? Explain.
-
An escalator handles a steady load of 30 people per minute in elevating them from the first to the second floor through a vertical rise of 24 ft. The average person weighs 140 lb. If the motor which...
-
Consider the simple linear regression model fit to the oxygen purity data in Problem 2.7. Problem 2.7 The purity of oxygen produced by a fractional distillation process is thought to be related to...
-
Pebco Companys 2011 master budget included the following fixed budget report. It is based on an expected production and sales volume of 20,000 units. Required 1. Classify all items listed in the...
-
G(n) 1 if n 0 V n = 1 2 then return 3. n 3 else return G(n-1)+2 G(n-2) What is the computational complexity of the above algorithm?
-
Sime Natural Cosmetics Ltd has a dividend yield of 2 percent based on the current dividend and a mature phase dividend growth rate of 5 percent per year. The current dividend growth rate is 10...
-
What criteria must be met in order for a person to be characterized as being unemployed?
-
Change the current year prices in Exhibit 1 to $1 for pens, $28 for shirts, and $32 for a pair of shoes. What is the CPI for the current year based on these prices?
-
Tunstall, Inc., a small service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end of...
-
Webster R. McGee developed a Web site using the domain name of Card Service. Cardservice International, Inc., a separate company, maintained that the term used by McGee was confusingly similar to the...
-
Intentional misstatement of a material fact. a. contract of adhesion b. duress c. fraud d. intentional c oncealment e. misrepresentation f. mistake g. mutual a greement h. puffi ng i. unconscionable...
-
The reason for termination of an offer that has not been accepted by the offeree within the time limits specifi ed. a. acceptance b. counteroffer c. invitation to tra de d. lapse of time e. mailbox r...
-
Refer to the graph in Study Problem 4 that shows the market for cigarettes. Suppose the government wants to eliminate inefficiency in this market by imposing a tax on each pack of cigarettes sold. a....
-
The party to whom an offer is made. a. acceptance b. counteroffer c. invitation to tra de d. lapse of time e. mailbox r ule f. offeree g. offeror h. public of fer i. request f or a pr oposal j....
-
The given angles are approximate find for 0 < 360. sec = 1.637
-
Representative data read from a plot that appeared in the paper Effect of Cattle Treading on Erosion from Hill Pasture: Modeling Concepts and Analysis of Rainfall Simulator Data (Australian Journal...
-
Willie Lohmann travels from city to city in the conduct of his business. Every other year he buys a used . car for about $12,000. The auto dealer allows about $8000 as a trade-in allowance with the...
-
Maria, a college student, is getting ready for three final examinations at the end of the school year. Between now and the start of exams, she has 15 hours of study time available. She would like to...
-
A city is in need of increasing its rubbish disposal facilities. There is a choice of two rubbish disposal areas, as follows. Area A: A gravel pit with a capacity of 16 million cubic meters. Owing to...
-
Watch the recorded interview of Ms . Veronica Trammell, Executive Director of Learning Technology at KSU. The interview focused on service management and service operation. Share your thoughts in...
-
develop a detailed event plan following the assigned event type and theme with the following information: Event objectives based on the assigned event type and theme Two sets of varying food &...
-
Provide a detailed simulation performance results for Walmart inc. based on 5 year performance review.
Study smarter with the SolutionInn App