1. Population: 100,000/Employed: 60,000/Unemployed: 3,000/Not in LF: 37,000
A) (63,000/100,000) x (100%) = 63% of Country X is in labor force. 63,000 people
in the labor force. 37,000 is not in labor force.
Unemployment Rate = (3,000/63,000) x 100% = 4.76
-3 Goals of Welfare Programs: Iron Triangle of Welfare
Provide incentives to work.
Limit costs by keeping down number of recipients.
-Impossible to have:
Low tax rate on additional earnings of welfare recipients
It is apparent that America has changed drastically since even before the
1950s. The PBS Documentary, The Awakening, revealed that adult women during
this time were expected be happy, not serious, and content house wives, while their
husbands went out int
Question 1: Write a 3-5 page essay (typed, double-spaced, 12 point font) that explains why you
do or do not agree with the the following statement:
The challenge of balancing work and family life is the main reason why progress towards
Due on November 29, 2016
1) a) Suppose you are to specify a short run production function for gastroenterology
services. What inputs might you include in the production function? Which would be the
variable inputs and which wo