Answer:
1. The labor force = 65 (68 - 3)
2. The working age population = 79 (105 - 26)
3. The number of employed workers = 38 (25 + 13)
4. The number of unemployed workers = 3 (11 - 8)
Explanation:
a) Data and Calculations:
Population in houses visited = 105
Number of children = 26
Number of adults = 79 (105 - 26)
Workers with:
Full-time jobs = 25
Part-time jobs = 13 38
Number of retirees = 10
Full-time homemakers 5
Full-time students, +16 12 65
Disabled people = 3 = 68
Unemployed = 11 (79 - 68)
Answer: Rate of economic growth = 28%
Explanation:
In year 1,
Work hours in New Zombie = 300
Productivity = $10 per hour worked
Real GDP in the given year = Productivity × Work hours
= $10 × 300
= $3,000
In year 2,
Work hours in New Zombie = 320
Productivity = $12 per hour worked
Real GDP in the given year = Productivity × Work hours
= $12 × 320
= $3,840
Rate of economic growth = 
= 
= 28%
The number of parts used for the wheels is,
(300,000 wheels) x (2 parts/wheel) = 600,000
For the seats,
(600,000 seats) x (3 parts/seat) = 1,800,00
From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000.
The correct answer is A. produce goods & pay workers