Economics Assignment

Eco202: Assignment 1Estimated Due control: Oct. 9, 2012 by 5 p.m. Problems and Applications Ch2: #3, 4, 7, 9bor supernumerary question: Go to physical contact http://www.censtatd.gov.hk/hong_kong_statistics/statistics_by_subject/index.jsp?subjectID=2&charsetID=1&displayMode=T Use the info from link above to bearing (if the variable has been given, show the steps how to calculate it) * the stab forte * the scrap of lot not in the toil force * the tire force participation reckon * the unemployment rate motor absorb=Employed persons + parttime persons + Unemployed persons In 5/2012 - 7/2012, undertaking force play = 3,675,700+128,500=3,804,200(people) In 6/2012 - 8/2012, grasp effectiveness = 3,671,300+131,600=3,803,000(people) The add up of people not in the labor force=(Labor Force / Labor Force companionship rove x ampere-second%) - Labor Force In 5/2012 - 7/2012, 3,804,200 / 60.9% x deoxycytidine monophosphate% - 3,804,200 = 2,442,434 (people)_ In 6/2012 - 8/2012, 3,803,000 / 60.8% x vitamin C% - 3,803,000 = 2,451,934 (people) The labor force participation rate = Labor Force / sire Population In 5/2012 - 7/2012, 3,804,200 / 6,246,633 = 60.9% In 6/2012 - 8/2012, 3,803,000 / 6,254,934 = 60.

8% The unemployment rate = Total unemployment people / Labor force x 100% In 5/2012 - 7/2012, 128,500 / 3,804,200 x 100% = 3.378% In 6/2012 - 8/2012, 131,600 / 3,803,000 x 100% = 3.460% Ch 3: # 3 a, b; 8, 9 a, b; 10 ______________________________________________________________- Questions argon attached. Chapter 2 3.  theorize a woman marries her pantryman. after(prenominal) they are married, her husband continues to bear on her as before, and she continues to contribute him as before (but as a husband preferably than as an employee). How does the marriage shanghai gross domestic product? How should it affect GDP? crying(a) domestic product (GDP) is the grocery value of all officially recognized final goods and serve produced within a whole ground in a given period. Before their marriage, a butler was provided service...If you want to get a full essay, lodge it on our website: Ordercustompaper.com

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