Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Use the data provided below to calculate each of the following:

a. the size of the labor force

b. the unemployment rate

Population age 16 and older = 12 million

Employment = 5 million

Unemployment = 1 million

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91722394

Have any Question?


Related Questions in Business Economics

Find the more for the pay rates in the given

Find the more for the pay rates in the given frequency hourly rate: 8:50, 11, 15, 19.50 frequency: 7, 5,10,4 In math course the average final exam score is 84 with a standard deviation of 5. Find the test score that corr ...

What is the theory of consumer choice and how it consumers

What is the theory of consumer choice and how it consumers facing trade-offs make decisions and how they respond to changes in their environment?

How does off-task behavior change the dynamics of the

How does off-task behavior change the dynamics of the learning environment? Provide an example and a strategy to handle the behavior.

You work for a large company with tens of thousands of

You work for a large company with tens of thousands of retail outlets throughout the world. The average sales at each retail outlet is $2,400,000 per year, with a standard deviation of $600,000. You want to put in place ...

What should ngos non-governmental organization do in

What should NGOs (non-governmental organization) do in regions of conflict or war? The benefits of having NGO's personnel in such regions outweigh the risks?

Among 350 randomly selected drivers in the 16-18 age

Among 350 randomly selected drivers in the 16-18 age? bracket, 275 were in a car crash in the last year. If a driver in that age bracket is randomly? selected, what is the approximate probability that he or she will be i ...

The demand fornbspbedspreadsisnbsppnbspnbsp150-4qdthe

The demand for bedspreadsis  P ? = 150-4 QD . The supply of bedspreads is  P ? = 125+5 QS . What is the equilibrium price of a bedspread and what is the equilibrium quantity of bedspreads?? The equilibrium price is ?$ () ...

A bank credit card offered to 500 households the responses

A bank credit card offered to 500 households; the responses to the offer are as follows. income $50,000 accept offer 50 40 Reject offer 250 160 What is the probability of the offer being accepted or income being > $50,00 ...

Assume that jimmy cash has 2100 in his checking account at

Assume that Jimmy Cash has $2,100 in his checking account at Folsom Bank and uses his checking account card to withdraw $210 of cash from the bank's ATM machine. By what dollar amount did the M money supply change as a r ...

What are the main things to remember about elasticity

What are the main things to remember about elasticity, supply and demand, tax incidence, government controls on the market, and economic theories?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As