Answer to Question #66933 in Macroeconomics for Ezekiel Eruaga

Question #66933
Define income per capita, output per worker and the dependency ratio
and explain the relation between them.
(b) Use your answer to part a) to explain why governments are interested
in increasing both the fertility rate and the female labour force
participation ratio.
(c) Explain paternity leave. Now use your answer to part b) to provide a
rational for the European Union implementing a two-week paternity
leave in 2010.
Expert's answer
Income per capita is total average income (usually GDP) per person.
Output per worker is the average amount of total output divided by the number of emloyed workers.
Dependency ratio is is an age-population ratio of those typically not in the labor force (the dependent part ages 0 to 14 and 65+) and those typically in the labor force (the productive part ages 15 to 64).
(b) Governments are interested in increasing both the fertility rate and the female labour force participation ratio, because it will cause both the increase in population growth rate and employment.
(c) Paternity leave is possibility for fathers to to have paid vacation to sit with children.

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Assignment Expert
03.04.17, 17:40

Dear Ezekiel Eruaga, There is no chance to be charged 15 USD in "Homework questions" on our site. Questions here are completed for free. Feel free to contact us via email and live chat. We'll be happy to help you.

ezekiel eruaga
01.04.17, 01:33

I was charged $15 , please

Assignment Expert
31.03.17, 16:44

Dear Ezekiel Eruaga, Questions in this section are answered for free. We can't fulfill them all and there is no guarantee of answering certain question but we are doing our best. And if answer is published it means it was attentively checked by experts. You can try it yourself by publishing your question. Although if you have serious assignment that requires large amount of work and hence cannot be done for free you can submit it as assignment and our experts will surely assist you

ezekiel eruaga
30.03.17, 17:30

Not satisfied. only one questions answered from all the questions i submitted? This is ridiculous.

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