Sample Assignment on Economics doc
Added on 2021-06-15
10 Pages1399 Words43 Views
Running head: ECONOMICS ASSIGNMENTEconomics AssignmentName of the student:Name of the University:Author note
ECONOMICS ASSIGNMENT1Table of ContentsAnswer 1:.........................................................................................................................................2a:...................................................................................................................................................2b:...................................................................................................................................................2c:...................................................................................................................................................3d:...................................................................................................................................................3Answer 2:.........................................................................................................................................3a:...................................................................................................................................................3b:...................................................................................................................................................4c:...................................................................................................................................................5Answer 3:.........................................................................................................................................6a:...................................................................................................................................................6b:...................................................................................................................................................7c:...................................................................................................................................................8Reference:........................................................................................................................................9
ECONOMICS ASSIGNMENT2Answer 1:a:Underemployed are those person in the labor force who are presently employed into ajob, however, the person is underutilized. Contrary to this, marginal attachments refers to thoseperson, who do not provide any active participation in the labor force, however they aredeliberately looking for work in the coming days (Neff, 2017). Thus, underemployed people canbe treated as employed, however the marginal attachment workers will be treated asunemployed. b:i:5% people are unemployed out of total labor force. Thus, the number of peopleunemployed is:165475 x 7.5%= (165475 x 7.5)/100= 12410Therefore, 12410 people are unemployed. ii:Labor force participation rate = (Number of actively participating people in the labor force / Total number of eligible people toparticipate in labor force) x 100
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Economics for Decision-Making - Doclg...
|12
|1748
|19
Economics for Decision Makinglg...
|9
|1502
|242
Economics for Decision Makinglg...
|13
|1900
|1
Macroeconomics Assignment Reportlg...
|6
|245
|17
Current Economic Problem: Unemployment and Underemployment Rates in Australialg...
|6
|1577
|182
Economicslg...
|12
|1810
|488