Question

Civilian Civilian Employed Noninstitutional Labor Force Persons Year Population (millions) (millions) (millions) 1 250 200 175...

Civilian Civilian Employed
Noninstitutional Labor Force Persons
Year Population (millions) (millions) (millions)
1 250 200 175
2 400 300 200
3 500 400 350
4 1000 800 720

how many people in year 3 are not in the labor force

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

.

*******FOR YEAR 3*******

People NOT in Labor force = Civilian Non-institutional Population - Civilian Labor Force

Where,

Civilian Non-institutional Population = 500(millions)

Civilian Labor Force = 400(million)

Substuting the Respective value in the Formula:

People NOT in Labor force = Civilian Non-institutional Population - Civilian Labor Force

People NOT in Labor force =  500(millions) - 400(million)

People NOT in Labor force = 100(millions)*******FOR YEAR 3*******

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Year 0 1 2 3 4 5 6 Project A CF -350 -250 175 225 375...
Year 0 1 2 3 4 5 6 Project A CF -350 -250 175 225 375 450 125 Project B CF -1000 125 250 300 550 500 200 WACC = 12% a. Calculate the NPV of Project A.? b. Calculate the IRR of Project A.? c. Calculate the MIRR of Project A.? d. Calculate the Payback Period for Project B.? e. Calculate the Discounted Payback Period for Project B.? f. Calculate the EAA for Project B.? g. Calculate the crossover...
Use the table below for questions 1-8 Total Count for 2013 (in millions) Population 175 Non-Working...
Use the table below for questions 1-8 Total Count for 2013 (in millions) Population 175 Non-Working Age Population 50 Working Age Population 125 Non-Labor Force Labor Force Employed 75 Unemployed 5 Frictional Unemployment 2 Structural Unemployment 4 1. What is the total count for individuals in the labor force? 2. What is the total count for individuals in the non-labor force? 3. What Is the employment rate? 4. What the labor force participation rate? 5. What is the unemployment rate?...
Country A with a civilian population of 65 mil (all over age 16), has 48 mil...
Country A with a civilian population of 65 mil (all over age 16), has 48 mil employed and 5 mil unemployed persons, of which 1.2 mil is frictionally unemployed and another 2 mil structurally unemployed. a) What is the size of the labor force? ________ b) What is the actual unemployment rate? ________ c) What is the natural rate of unemployment? ____________ d) What is the cyclical unemployment? ______________ e) How many people are not in the labor force? ___________...
Adult population-150 million Labor force-100 million Employed persons-90 million Discouraged workers-10 million According to the table,...
Adult population-150 million Labor force-100 million Employed persons-90 million Discouraged workers-10 million According to the table, the unemployment rate (U3) is ....? Assume that 10 million of the employed persons are part time for economic reasons. Then the U4 and U5 rates of unemployment as calculated by the BLS would be ____________ and ______________. Employed persons/ labor force = Unemployment Rate Define the three major categories of unemployed persons and the public policies that might be adopted to reduce each...
1. If the number of employed persons in a country equals 65 million, the number of...
1. If the number of employed persons in a country equals 65 million, the number of unemployed persons equals 15 million, and the number of persons over age 16 in the population equals 85 million, the unemployment rate equals ________. A. 18.8% B. 17.6% C. 23.1% 2. Calculate the unemployment rate based on the following data for a country: Population: 200, Employed workers: 120, Labor Force: 125, Discouraged workers: 8. A. 6.4% B. 4.5% C. 4.0% 3. Londonale has a...
1) A country with a civilian population of 120,000 (all over age 16) has 100,000 employed...
1) A country with a civilian population of 120,000 (all over age 16) has 100,000 employed and 12,000 unemployed persons. Of the unemployed, 7,000 are frictionally unemployed and another 2,000 are structurally unemployed. On the basis of this data, answer the following questions: (show your work for credit) a. what is the size of the labor force? b. What is the unemployment rate? c. What is the natural rate of unemployment for this country? d. Is this economy in recession...
1. Country A with a civilian non-institutionalized population of 237 mil (all over age 16), has...
1. Country A with a civilian non-institutionalized population of 237 mil (all over age 16), has 156 mil employed and 47 mil unemployed persons, of the unemployed 5 mil is frictional and 8 mil structural. a) What is the size of the labor force? ………………………………………… b) What is the actual unemployment rate? ……………………………………. c) What is the Cyclical unemployment? ................................................. d) What is the Natural Rate of Unemployment (NRU)? ……………………… e) Is this economy in a recession or a boom?...
QUESTION 1 Labor Data for Argentina Year 2016 2017 2018 CNP 2,350 3,025 3,700 Employed 1,500...
QUESTION 1 Labor Data for Argentina Year 2016 2017 2018 CNP 2,350 3,025 3,700 Employed 1,500 1,988 1,600 Unemployed 250 622 320 The employment rate of Argentina Group of answer choices increased from 2016 to 2017 but decreased from 2017 to 2018. increased both from 2016 to 2017 and from 2017 to 2018. decreased both from 2016 to 2017 and from 2017 to 2018. decreased from 2016 to 2017 but increased from 2017 to 2018. QUESTION 2 Assume that the...
Compare the following 3 alternatives of the same service life (7 years) using the the incremental...
Compare the following 3 alternatives of the same service life (7 years) using the the incremental rate of return (ROR) mrthod. MARR = 10%/year.   Year A B C 0 -500 -800 -1800 1 100 150 200 2 110 200 275 3 120 250 350 4 130 300 425 5 140 350 500 6 150 400 575 7 160 450 650
1. There are 63 unemployed people, 1137 employed people, and the adult population is 1582. What...
1. There are 63 unemployed people, 1137 employed people, and the adult population is 1582. What is the labor force participation rate? 2. If the average wage paid to the worker was $20 in the year 1990 and $30 in the year 2000, then the average worker in the year 2000 must have been better off in terms of purchasing power. T/F 3. According to the Bureau of Labor Statistics, you are considered to be unemployed if you have no...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT