ECO 105 Study Guide - Quiz Guide: Producer Price Index, Demand Shock, Human Development Index
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This increase in the price will be reflected in (a) gdp, but not cpi. Use percentage change formula (150-100)/100 = 50/100 = 50: which of the following scenarios best illustrates the concept of structural unemployment? (a) grace loses her job because of new automated machinery. Structural unemployment is when there is unemployment due to technological changes: using the data provided, the labor force participation rate is (c) approximately 66%. *labor force participation rate = (labor force)/(population of 16+ year olds)*100 (131390/198000)*100 = 66. 36: using the data provided, the unemployment rate is (a) approximately 5%. *unemployment rate = unemployed/labor force: bob is unemployed if he (a) is temporarily laid off, which country has the lowest hdi in 2014? (b) niger. According to the 2014 human development index, the country niger ranked the lowest out of all the countries measured: which of the following persons are not in the labor force? (d) none of the above.
