By the early 2000s, worker productivity growth spiked as more temporary workers were employed as they looked for more permanent work. How did this affect the natural unemployment rate?
a. | Natural unemployment increased as temps replaced long term workers. |
b. | . Natural unemployment was unaffected. |
c. | Natural unemployment decreased as fewer workers were without jobs while looking for more permanent jobs. |
The correct answer is option c) Natural unemployment decreased as fewer workers were without jobs while looking for more permanent jobs.
By the early 2000s, worker productivity growth spiked as more temporary workers were employed as they...
Which scenario could you use as an example of frictional unemployment when explaining it to a friend? a. George has a difference of opinion with his boss and the friction grows over time until his boss finds a few mistakes that George has made and fires him. b. A college student working at a copy center finishes his semester of school and quits his job at the copy center and goes traveling through South America for the summer. c. An...
2. (20 points) How will the following changes affect the natural rate of unemployment? Identify the type of unemployment that will be affected and the direction of the change. a. The government reduce the length of time a worker may receive unemployment benefits. Frictional Unemployment would be reduced a lower the natural rate of unemployment b. More teenagers delay looking for jobs until after they complete their college education. Frictional unemployment woulld be reducedd lowered natural Rate of unemployment c....
When real GDP grows more slowly than potential GDP, a. nominal GDP rises. b. the unemployment rate falls. c. labor productivity falls. d. the unemployment rate rises. 8. The unemployment rate is the number of unemployed people, expressed as a. a ratio of total employed to the population. b. a ratio of unemployed to the total employed. c. a percentage of the labor force. d. a percentage of the population. 9. If part of the labor force is unemployed, the...
macroeconomic
Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not in LF) of the following? a. A bank manager who is currently not working because she took a year off to take care of a newborn child. b. A 14 year old who works 10 hours per week at Six Flags. c. A 16-year-old who is doing 20 hours per week of unpaid work in his father's business. d. An auto worker whose union...
Structural unemployment is caused by changing patterns of labor demand. real wages being inflexible downward. high costs of occupational and/or geographic adjustment. All of these 2.5 points QUESTION 13 Suppose an employment contract includes a no-quit clause. How does the answer to the question “Who pays for general training?” depend on the no-quit clause? Workers pay for their general training with or without the no-quit clause With the no-quit clause, the firm can pay for general training With the...
need it as soon as posible today please. thanks
it is Macroeconomics
20) As per capita GDP has increased a) life expectancy has decreased b) rate of illiteracy has increased c) rate of infant mortality has increased d) amount of leisure time has increased in the US and other O countries, the 21) Which of the following will most likely occur during the a) real GDP rises, unemployment rate falls b) real GDP declines, inflation rate rises c) le of...
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...
please hurry Question 31 Regulations that make it costly to dismiss workers a. protect the interests of workers without any secondary effects. b. reduce the overall level of unemployment. c. reduce total employment because they also make it more costly to hire workers. d. expand total employment because they make it more attractive to hire additional workers. 2.5 points Question 32 Per capita incomes are higher in countries with a. higher marginal tax rates. b. higher tariffs. c. greater self-sufficiency...
Can I get help with this queshtion. Heres the article i was not
sure in what category they will have to be in. This was the only
way to post it and it starts where it says THE QUESHTION
STARTS FROM HERE.
The Economics of Immigration
Paul Krugman
In 1970, only 5% of U.S. workers had been born abroad. By 2016,
however, 17% of American workers had immigrated to the United
States, both legally and illegally. (1)
Figure 1: Percentage...
Based on the Employment Situation Summary
below, answer the following questions:
1. What month (and year) is summarized?
What was the unemployment rate for that month?
How does that rate compare with the rate in the previous month?
2. What were the unemployment rates for adult women, teenagers,
blacks, hispanics, and whites?
How did these rates compare with those a month earlier?
3. What factors make it difficult to determine the unemployment
rate?
4. Why is unemployment an economic problem?...