This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Based on the information in the above table, what is the unemployment rate? What is the labor force ... (Read 49 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 29, 2018
Based on the information in the above table, what is the unemployment rate? What is the labor force participation rate?
 
  What will be an ideal response?

Question 2

The chain-weighted output index method ________.
 
  A) is used to calculate the value of nominal GDP
  B) values the quantities produced in a year at the prices of the base year
  C) shows that real GDP increases every year
  D) uses the prices of two adjacent years to calculate the real GDP growth rate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

T4T

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 29, 2018
Answer to Question 1

The unemployment rate equals (6 million unemployed)  (139 million labor force)  100 = 4.3 percent. The labor force participation rate equals (139 million labor force)  (207 million working-age population)  100 = 67.1 percent.

Answer to Question 2

D


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 29, 2018
:D TYSM

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

DNA-based migration routes of Homo sapiens DNA-based migration routes of Homo sapiens
Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction. Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
Stretch the extensor muscles with flexion at the wrist. Reposition the palm to face the table. Apply ... Stretch the extensor muscles with flexion at the wrist. Reposition the palm to face the table. Apply ...
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Find the resultant for the following force combinations Find the resultant for the following force combinations
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library