Answered: Suppose that women's participation rate…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....

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4. Suppose that women's participation rate is60%, men's participation rate is70%, women's unemployment rate is5%, and men's unemployment rate is15%. (a) Calculate the employment to population ratio for men and for women (that is,PmEmandPwEw). Which one is higher? (b) Hours of work per person is defined as total hours divided by the (adult) popu-lation. If women who are employed work on average10%more hours than men, which group supplies more hours per person to the market? To answer this ques-tion you must compare hours of work per person corresponding to the population of each gender

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