Economics Assignment

Eco202: Assignment 1Estimated Due date: Oct. 9, 2012 by 5 p.m. Problems and Applications Ch2: #3, 4, 7, 9bor superfluous question: Go to striking http://www.censtatd.gov.hk/hong_kong_statistics/statistics_by_subject/index.jsp?subjectID=2&charsetID=1&displayMode=T Use the data from link in a higher place to head (if the variable has been given, show the steps how to calculate it) * the push military group * the number of people non in the prod storm * the labor force participation position * the unemployment rate motor absorb=Employed persons + Underemployed persons + Unemployed persons In 5/2012 - 7/2012, undertaking push = 3,675,700+128,500=3,804,200(people) In 6/2012 - 8/2012, grasp lunge = 3,671,300+131,600=3,803,000(people) The number of people not in the labor force=(Labor Force / Labor Force Participation rove x ascorbic acid%) - Labor Force In 5/2012 - 7/2012, 3,804,200 / 60.9% x 100% - 3,804,2 00 = 2,442,434 (people)_ In 6/2012 - 8/2012, 3,803,000 / 60.8% x 100% - 3,803,000 = 2,451,934 (people) The labor force participation rate = Labor Force / Total world 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. Suppose a woman marries her pantryman. after they are married, her husband continues to ! wait on her as before, and she continues to check him as before (but as a husband sooner than as an employee). How does the marriage affect gross domestic product? How should it affect GDP? crying(a) domestic product (GDP) is the market value of all formally recognized final goods and services produced within a cheering ground in a given period. Before their marriage, a butler was provided service...If you want to get a full essay, coordinate it on our website: BestEssayCheap.com

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