How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask R.R. Jha Your Own Question

R.R. Jha
R.R. Jha, Tutor
Category: Homework
Satisfied Customers: 5471
Experience:  B.Tech
20870358
Type Your Homework Question Here...
R.R. Jha is online now
A new question is answered every 9 seconds

The Bureau of Labor Statistics reported in 2005 that there

This answer was rated:

The Bureau of Labor Statistics reported in 2005 that there were 53.23 million people over age 25 who had at least a bachelor's degree, 40.59 million of whom were employed and 0.98 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?

a. 76.3% and 1.8%

b. 76.3% and 2.4%

c. 78.1% and 1.8%

d. 78.1% and 2.4%

The Bureau of Labor Statistics reported in 2005 that there were 50.40 million people over age 25 whose highest level of education was some college or an associate degree, 33.86 million of whom were employed and 1.27 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?

a. 67.2% and 3.6%

b. 69.7% and 3.6%

c. 69.7% and 2.5%

d. 67.2% and 2.5%




Suppose some country had an adult population of about 46 million, a labor-force participation rate of 75 percent, and an unemployment rate of 8 percent. How many people were employed?


a. 42.32 million

b. 31.74 million

c. 2.76 million

d. 34.5 million


A certain cowboy spends 10 hours per day mending fences and herding cattle. For the cowboy, a graph that shows his various possible mixes of output (fences mended per day and cattle herded per day) is called his


a. line of tastes.

b. production possibilities frontier.

c. trade-off curve.

d. consumption possibilities frontier.


Which of the following statements best represents the principle represented by the adage, "There is no such thing as a free lunch"?


a. Kendra must decide between going to Colorado or Cancun for spring break.

b.Brian must repair the tire on his bike before he can ride it to class.

c. Greg is hungry and homeless.

d. Melissa can attend the concert only if she takes her sister with her.
THIS ANSWER IS LOCKED!

You need to spend $3 to view this post. Add Funds to your account and buy credits.
R.R. Jha and 2 other Homework Specialists are ready to help you

Related Homework Questions