In Costa Rica, which has 1,000 residents, 400 people do not currently work. Of these 400 persons, 240 are under age 16, 10 are institutionalized, 25 have become discouraged and quit seeking work, and 75 others are either full-time students or homemakers. Of the 600 people who do work, 150 work part-time but wish to work full-time. The number of officially employed persons in Littleville is_-- show your work.

In Costa Rica, which has 1,000 residents, 400 people do not currently work. Of these 400 persons, 240 are under age 16, 10 are institutionalized, 25 have become discouraged and quit seeking work, and 75 others are either full-time students or homemakers. Of the 600 people who do work, 150 work part-time but wish to work full-time. The number of officially employed persons in Littleville is_-- show your work.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter15: Poverty And Economic Inequality

Section: Chapter Questions

Problem 13SCQ: Why is there reluctance on the part of some in the United States to redistribute income so that...

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Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs. Japan (called the 'Activity Rate' in the OECD data). Based on this chart, answer the questions below: FRED Actvity hate Aged 158 AN Persans r the thot Stanos Actvity RateAged 15 AN Persans for Apar 22 2002 2004 2006 010 2012 20 Sdng areas ndicale US recessioHIS Source Orgazation for Economc Co operaion and Develpment med souisled.org a) How could these trends in thé US & Japanese Labor Force Participation (LFP) rates impact per capita real GDP growth rates in their respective countries (i.e. in the U.S & in Japan)? Are there any factors which could mitigate the impact of these LFP trends on growth? b) What factors are likely to impact the trends in U.S. and Japanese LFP in the next year? Over the next 10 years?
a. What is the Gini Coefficient and how is it useful for a third world country.b. Using the following information provided in the table below, calculate the Gini coefficient for Algura. Population 10 32 15Income per monthper person 2000 96000 1500Total Population 57 c. Calculate the new Gini Coefficient for Algura when income changes as follows: Population 10 32 15Income per monthper person 1200 78000 900Total Population 57 d. As an economist what are some policy recommendation to improve the Gini coefficient for Algura. Do you think enough information was provided to make recommendation.Explain. PLEASE ANSWER D.
overty and Income Distribution in America: How Do We Measure Income Distribution ? Year Lowest Quintile | to 20% 60% 80% Тор 5% 40% to to to 40% 60% 80% 100% 1967 4.0 1970 4.1 1975 4.3 1980 4.2 1985 3.9 1990 3.8 1995 3.7 2000 3.6 2005 3.4 2010 |3.3 2013 3.2 10.8 10.8 17.3 24.2 43.6 17.2 17.4 24.5 43.3 16.6 10.4 17.0 24.7 43.6 16.5 16.5 17.6 10.2 16.8 24.7 44.1 9.8 16.2 24.4 45.6 9.6 15.9 24.0 46.6 18.5 9.1 15,2 23.3 48.7 21.0 8.9 14.8 23.0 49.8 22.1 22.2 23.0 23.4 50.4 8.6 8.5 14.6 14.6 50.3 21.3 8.4 14.4 23.0 51 22.2 O4:45/ 11:42 YouTube Q E: CC LJ Is increased income inequality a natural outcome of the a capitalist system? Select one: a. Yes b. No
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Measured in absolute numbers, the level of immigration during the 1990s into the United States was compared with the levels of previous decades. When considered as a percentage of the population at the time, the level of immigration into the United States during the 1990s was_ decades of the twentieth century. than the levels experienced during the earlier O lower, higher O lower, lower O higher, lower O higher, higher
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RM2. Why is it more efficient for the government to offer employment insurnace than for private insurance companies? Why is Canada accused of treating EI as an income transfer program instead of an insurnace program? What are the various methods commonly used to measure poverty? Hoe do they differ? Which method does Canada use?
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FIGURE 12.5 U.S. Racial-Ethnic Groups Americans of European Descent German 50,272,000 16.5% Irish 36,278,000 11.9% 199,491,000 65% English/British 28,630,000 9.4% Italian 17,749,000 5.8% French 11,526,000 3.8% Polish 9,887,000 3.25% Scottishd 9,365,000 3.1% Dutch 4,929,000 1.6% Norwegian 4,643,000 1.5% Swedish 4,390,000 1.4% Russian 3,130,000 1.0% Welsh 1,980,000 0.6% Czech 1,914,000 0.5% Hungarian 1,539,000 0.5% Danish 1,459,000 0.5% Portuguese 1,419,000 0.5% Greek 1,351,000 0.4% 997,000 839,300 Swiss 0.3% Others 0.2% Americans of African, Asian, North, Central, and South American, and Pacific Island Descent Latino 46,944,000 15.4% African American 39,059,000 12.8% Asian American 13,549,000 4.5% Native American9 3,083,000 1.0% 104,743,000 34% Arab 1,546,000 0.5% Claim Two or More Race-Ethnicities 5,167,000 1.7% Overall Total: 4% 8% 12% 16% 20% 309,401,000 Percentage of Americans Source: By the author, Based on Statistical Abstract of the United States 2010:Table 10; 2011:Table 52. 4)…
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