Compute labor force participation rate and population ratio, Microeconomics

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Compute labor force participation rate and population ratio

Use the following data to calculate (a) the labor force participation rate, (b) the unemployment rate, and (c) the employment/population ratio.

Population age 16 and over	15,000
Labor force	7,300
Not currently working	4,500
Employed Full-time	5,000
Employed Part-time	1,100
Unemployed.	1,200

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Microeconomics: Compute labor force participation rate and population ratio

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Microeconomics: Compute labor force participation rate and population ratio

Reference No:- TGS0511332

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Recent Questions Asked Microeconomics

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Compute labor force participation rate and population ratio

Reference No:- TGS0511332

Recent Questions Asked Microeconomics

Q : Advantage of consumers mental accounting

Q : A venture fund wishes to base its required return

Q : Categorize as employed-unemployed or not in labor force

Q : Reaching all of the stakeholders

Q : Compute labor force participation rate and population ratio

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