The table below show some data for Neverland’s labor market:…

The table below show some data for Neverland’s labor market:  Neverland’s employment and unemployment Total adult population over the age of 16 25 million In the labor force x Employed  18.5 million Unemployed 1.5 million Out of the labor force y Find the values for x (in the labor force), and y (out of the labor force), Show your work! Calculate Neverland’s unemployment rate and labor force participation rate. Remember to show your work, if you provide only the final answer, you won’t get full credit!

You learned that convergence is a pattern in which economies…

You learned that convergence is a pattern in which economies with low per capita income grows faster than economies with high per capita incomes. In this context, there are arguments pro and against convergence. Based on the figure below, choose the correct answer for the blanks:    Capital deepening and new technology text only One of the arguments that favors convergence is based on the idea of the diminishing marginal returns of capital deepening that is illustrated when the economy moved from [option1]. However, the argument that convergence is neither inevitable nor likely argues that the development of new technologies can sidestep the diminishing marginal returns of capital deepening, so that the economy could move from [option2], and then from [option3].  Words: 4 Characters: 28

The table below provide data for 2010, 2015, and 2020 in a h…

The table below provide data for 2010, 2015, and 2020 in a hypothetical country: Real GDP and Real GDP per capita Year nominal GDP (in billion) GDP deflator population (in million) real GDP (in billion) real GDP per capita 2010 15,300 90 309 A 55,016.2 2015 18,000 100 321 18,000 56,074.8 2020 20,900 110 330 19,000 D Using the data provided, answer the following: Calculate the values for A (real GDP in 2010) and D (real GDP per capita in 2020) by showing your work.  Which year is the base year? Justify your answer.  Calculate the real GDP per capita growth rate from 2010 to 2020. Show your work! NOTE: This is a file upload question. Work your answer in an excel sheet and upload your file, or simply show your work in a piece of paper, take a picture and upload your file.