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- There are 42 unemployed people and 284 employed people. What is the unemployment rate? Enter a number (measured in percentage terms) rounded to two decimal places. Do not enter a % sign.YEAR Uk unemployment rate Trinidad and Tobago Unemployment rate 2009 7.54% 3.55% 2010 7.79% 3.78% 2011 8.04% 3.25% 2012 7.89% 3.45% 2013 7.53% 2.46% 2014 6.11% 2.22% 2015 5.3% 2.21% 2016 4.81% 2.97% 2017 4.34% 2.71% 2018 4% 2.50% 1) What are the relationship observed between the countries? 2) Draw a line graph comparing the unemployment rate from 2009- 2018 .Canada has a working age population of 20 million. Of those 11 million are employed and 1 are unemployed. Find the unemployment rate and participation rate
- Question YEAR Switzerland Unemployment rate Bahamas Unemployment rate 2009 4.12% 14.25% 2010 4.81% 14.84% 2011 4.41% 14.52% 2012 4.49% 14.02% 2013 4.75% 16.18% 2014 4.83% 13.80% 2015 4.80% 12.00% 2016 4.92% 12.70% 2017 4.80% 9.80% 2018 4.71% 10.00% 1) What is the relationship observed between the countries? 2) What are three specific reasons that could account for the differences observed in the unemployment rate between these two countries (use real world examples)? 3) Explain three strategies/policies that can be implemented by the government to improve the accuracy of labour forces statistics?Use the following information to calculate the inflation rate (one decimal point) for 2020. CPI index 2019: 112.7 CPI index 2020: 117.7There are 6060 million unemployed people in a country, 29%29% of which have been unemployed for less than five weeks. The number of people who have been unemployed for five to fourteen weeks is 1212 million less than the number of people who have been unemployed for less than five weeks. People who have been unemployed for fifteen to twenty-six weeks account for 14%14% of the total unemployed population.Calculate the percentage of people who have been unemployed for twenty-seven weeks or more. Enter your answer in the box below..
- Quantity Quantity Item (2018) Price (2018) (2019) Price (2019) Magazines 400 $5.00 450 $4.50 Movie tickets 50 $6.00 200 $8.00 Pizzas 100 $10.00 120 $10.50 The data in the table above shows the consumption by families in an economy. The year 2018 is the reference base period. Based on the table above, between 2018 and 2019, the inflation rate in this country was 2.5 percent. 98.5 percent. -1.5 percent. 105.1 percent. -2.5 percent.Unemployment Rate Year Labor Force 2000 142,583,000 4.0 2001 143,734,000 4.7 2002 144,863,000 5.8 2003 14,6510,000 6.0 2004 149,401,000 5.5 2005 149,320,000 5.1 2006 151,428,000 4.6 2007 153,124,000 4.6 2008 154,287,000 5.8 2009 154,142,000 9.3 2010 153,889,000 9.6 2011 153,617,000 8.5 2012 154,995,000 7.9 2013 155,389,000 6.7 2014 155,922,000 6.2 2015 157,130,000 5.3 2016 159,187,000 4.9 2017 160,320,000 4.4 2018 162,075.000 3.9 2019 163,539.000 3.7 Instructions: In part a, round your response to one decimal place. In part b, enter your response as a whole number a. What was the unemployment rate in 2019? 3.7 b. How many more jobs were needed to bring the unemployment rate down to 3 percent?in the United States, the adult population is 160.5 million, the labor force is 75.6 million, and the number of people employed is 70.2 million. According to those numbers, the United States labor force participation rate and unemployment rate are about 43.7% and 2.12% 47.1% and 7.1% 43.7% and 7.796 90.8% and 7.1%
- Percentage GDP Gap (4.00) Okun's Law (Quarterly Data from 1st Quarter of 1949 to 2nd Quarter of 2019) 0.100 (3.00) (2.00) 0.080 0.060 0.040 0.020 (0.040) (0.060) (0.080) 1.00 Cyclical Unemployment Rate 2.00 3.00 Okun's a 1.4 4.00 5.00 6.00 Consider the graph above that exhibits the Okun's Law. The graph has been constructed using the quarterly data on U. S. real GDP, potential GDP, and cyclical unemployment rate from 1949 to 2019. The graph indicates a positive relationship between cyclical rate of unemployment and the percentage GDP gap. This is as predicted by Arthur Okun. However, notice two things. First, the relationship is not exact. The points do not lie very close to the line of best fit. Second, the Okun's alpha for this period equals 1.40. However, the existence of a positive relationship is undeniable. The Okun's alpha in that graph (1.40) indicates that if the cyclical rate of unemployment is 3%, the GDP gap will equal the cyclical rate of unemployment is -3%, the GDP gap…Jamaica Unemployment Rate 2016 - 2020 2016 13.19% 2017 11.63% 2018 9.1% 2019 7.72% 2020 8.4% Jamaica Economic Growth Rate 2016 - 2020 2016 1.5% 2017 0.68% 2018 1.83% 2019 0.97% 2020 -10.05% UK Unemployment Rate 2016 - 2020 2016 4.81% 2017 4.33% 2018 4% 2019 3.74% 2020 4.34% UK Economic Growth Rate 2016 - 2020 2016 1.7% 2017 1.7% 2018 1.3% 2019 1.4% 2020 -9.8% Use the above information to (1). Prepare a table and line graph showing showing the unemployment and economic growth rate for Jamaica and the UK for the last 5 years. Examine the relationship observed between the two countries. (b). Identify THREE public policies that can stimulate employment and facilitate economic growth in an economy. (c). Use examples to clearly illustrate how EACH policy can stimulate employment and facilitate economic growth Jamaica.Below is a list of annual CPI values for the years 2000-2003. Using these values please calculate the average annual rate of inflation over this period. Table Year CPI 2000 200.2 2001 205.6 2002 208.2 2003 209.1 4.45% 1.46% 2.97%
