Question

What would happen to the labor-force participation rate if the following situations occured? a. A large...

What would happen to the labor-force participation rate if the following situations occured?
a. A large percentage of the workforce retires.

b. The government begins to subsidize current workers who go back to school full-time to attain an advanced degree.

c. The government offers a tranfer paymwnt to discouraged workers and to unemployed workers.
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

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
Please calculate the unemployment rate, the employment rate, and the labor force participation rate given the...
Please calculate the unemployment rate, the employment rate, and the labor force participation rate given the following information. Round to two decimal places. Total Population: 280,270,378 Homemakers: 18,874,567 Retired: 24,687,155 Labor Force: 225,314,672 Under the Age of 16: 30,799,600 Discouraged Workers: 9,678,228 Unemployed: 31,482,365 Underemployed: 5,977,312
Please calculate the unemployment rate, the employment rate, and the labor force participation rate given the...
Please calculate the unemployment rate, the employment rate, and the labor force participation rate given the following information. Please round to 2 decimal places. Total Population: 615,270,378 Homemakers: 90,874,567 Retired: 57,687,155 Labor Force: 380,314,672 Under the Age of 16: 68,322,654 Discouraged Workers: 37,678,228 Unemployed: 12,482,365 Underemployed: 46,977,312
Which of the following would cause a decline in the labor force participation rate? An increase...
Which of the following would cause a decline in the labor force participation rate? An increase in the number of discouraged workers in the country. Many employed workers get laid off and now are looking for new jobs. High wages entice retirees (those outside the labor force) to begin searching for work. A decrease in the unemployment rate.
Determine the impact on each of the following if 2 million formerly unemployed workers decide to...
Determine the impact on each of the following if 2 million formerly unemployed workers decide to return to school full time and stop looking for work: What will happen to the rates? Will they increase? Will they decrease ? or will they stay the same ? The labor force participation rate drops since these workers have left the labor force. The size of the labor force drops by 2 million. The unemployment rate drops since the percentage drop in the...
2. Problems and Applications Q2 Indicate what happens to the unemployment rate and the labor-force participation...
2. Problems and Applications Q2 Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Effect On... Unemployment Rate Labor-Force Participation Rate After an unsuccessful job search, Paolo gives up looking and retires. Decreases Decreases Sharon, a stay-at-home mom, starts looking for a job as her kid enters elementary school. Van has a birthday, becomes an adult, and starts working in a restaurant. Amy dies working long hours at the office.
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people:...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people: Hubert, Kate, Manuel, Poornima, Valerie, and Shen. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people:...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people: Nick, Rosa, Tim, Alyssa, Crystal, and Brian. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people:...
1. Measuring employment, unemployment, and labor force participation Consider a small economy composed of six people: Paolo, Sharon, Van, Amy, Deborah, and Carlos. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in...
1. Determine the impact on each of the following if 2 million formerly unemployed workers decide...
1. Determine the impact on each of the following if 2 million formerly unemployed workers decide to return to school full time and stop looking for work: What will happen to the rates? Will they increase? Will they decrease ? or will they stay the same ? The labor force participation rate drops since these workers have left the labor force. The size of the labor force drops by 2 million. The unemployment rate drops since the percentage drop in...
Question 51 pts The _____ the unemployment rate and the _____ the rate of inflation, the...
Question 51 pts The _____ the unemployment rate and the _____ the rate of inflation, the higher the misery index. lower; higher lower; lower higher; lower higher; higher Flag this Question Question 61 pts Which of the following would be an example of the discouraged worker effect John loses his job and can’t find a new one as new technology is adopted in his industry. Mary gives up looking for a job because of the lousy economy. Mark decides to...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT