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