Homework Answers
Unemployed are people who are not working but are currently looking for jobs, so unemployed in this case is 6 m
option B is correct answer
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D. unemployed In an economy with a population of 100 million persons, 42 million hold civilian...
In an economy with a population of 100 million persons, 44 million hold civilian jobs and...
In an economy with a population of 100 million persons, 44 million hold civilian jobs and 6 million are not working but are looking for jobs. The unemployment rate is a) 6.0 percent. b) 13.6 percent. c) 7.3 percent. d) 9.4 percent. e) 12.0 percent.
1. If persons not in the labor force total 4 million and persons in the civilian...
1. If persons not in the labor force total 4 million and persons in the civilian labor force total 60 million, then how many persons are unemployed? a.57 million b.64 million c.20 million d.There is not enough information to answer the question. ( for this question I pick b). 2. Exhibit 6-1 Year CPI 1 107.6 2 106.6 3 113.6 4 118.3 Refer to Exhibit 6-1. Prices changed by _________ percent between year 1 and year 2. a.1.0 b.-0.9 c.-2.1...
9. Suppose the civilian non-institutionalized population =200m. Unemployed persons = 8m, employed persons=126m. What is the...
9. Suppose the civilian non-institutionalized population =200m. Unemployed persons = 8m, employed persons=126m. What is the unemployment rate? a. .063 or 6.3% b. .67 or 67% c. .63 or 63% d. none of the above
Question 6 1 pts Consider an economy made up of 100 people, 50 of whom hold...
Question 6 1 pts Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately: O 17 percent. O 20 percent. 25 percent. 12 percent. 10 percent. Previous Next UiZ instructions Question 7 1 pts The unemployment rate will decrease whenever there is a(n): O reduction in the size of the labor force. decrease in the number of unemployed and...
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these,...
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.4 million are working part-time and 13.19 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.40 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked...
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these,...
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.6 million are working part-time and 15.71 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.20 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked...
Civilians Employed: 170 million Civilians Unemployed: 12 million Not in Labor Force: ? Total Civilian Population:...
Civilians Employed: 170 million Civilians Unemployed: 12 million Not in Labor Force: ? Total Civilian Population: 220 million From the data provided, the employment rate is approximately ________ percent. A) 93.41 B) 97.45 C) 93.82 D) 91.42
057/1300 Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of...
057/1300 Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 44 million are working part-time and 13.19 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.40 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently...
4. The following table provides information on the civilian non-institutional population (CNIP), the labor force (LF),...
4. The following table provides information on the civilian non-institutional population (CNIP), the labor force (LF), and the number of unemployed persons for select years between 2006 and 2016. All values are in thousands of people at the end of each year. Year CNIP LF LFP # unemployed UR 2006 230 152.7 66% 7.1 4.6% 2009 236.9 153.1 65% 15.1 9.9% 2018 258.9 163.2 63% 6.3 3.9% b. The US experienced a severe economic downturn in 2008-09 that resulted in...
Suppose the population (age 16 and over) of Italy is 48 million; 4 million are unemployed,...
Suppose the population (age 16 and over) of Italy is 48 million; 4 million are unemployed, and 40 million hold jobs. Indicate the rate of unemployment and the employment/population ratio of New Zealand. a. The unemployment rate is 10 percent, and the employment/population ratio is 75 percent. b. The unemployment rate is 9.1 percent, and the employment/population ratio is 91.7 percent. c. The unemployment rate is 10 percent, and the employment/population ratio is 83.3 percent. d. The unemployment rate is...
9. Suppose the civilian non-institutionalized population =200m. Unemployed persons = 8m, employed persons=126m. What is the unemployment rate? a. .063 or 6.3% b. .67 or 67% c. .63 or 63% d. none of the above
Question 6 1 pts Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately: O 17 percent. O 20 percent. 25 percent. 12 percent. 10 percent. Previous Next UiZ instructions Question 7 1 pts The unemployment rate will decrease whenever there is a(n): O reduction in the size of the labor force. decrease in the number of unemployed and...
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.4 million are working part-time and 13.19 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.40 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked...
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.6 million are working part-time and 15.71 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.20 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked...
057/1300 Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 44 million are working part-time and 13.19 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.40 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently...
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