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Options for the first blank are (falls or stays the same)
Options for the second blank are (falls or rises)
Homework Answers
the labor force participation rate falls, and the unemployment rate rises
the labor force participation rate falls because there is no change in the population, so with decline in labor force due to choosing stay at home parent (which is not part of labor force) , the labor force participation rate falls
unemployment rate rises because there is no change in number of unemployed (as stay home parent is not part of labor force) but it will reduce the labor force, so unemployment rate rises
the above is answer..
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Options for the first blank are (falls or stays...
Need help, please show work Answer options for the first blank are (decreases or remains unchanged),...
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Answer options for the first blank are (decreases or remains
unchanged), options for the second blank are (increases or
decreases).
3. Assume immigration increases the labor force in an economy with a Cobb-Douglas production function. Please complete the following statement. As a result, the real wage and the rental price of capital
Need help, please show work. Answer options for first blank (More labor, or less labor), options...
Need help, please show work. Answer options for first blank
(More labor, or less labor), options for the second are (more
capital, or the same capital).
1. A manager of a perfectly competitive firm observes that the marginal product of labor is 5 units per hour, the marginal product of capital is 40 units per machine, the wage is $20 per hour, the rental price of capital is $120 per machine, and the price of output is $5 per unit....
Need help, please show work. The options for the first blank are (increases or decreases), the...
Need help, please show work. The options for the first blank are
(increases or decreases), the options for the second blank are
(remains unchanged or increase).
The Data of Macroeconomics - Quick Quiz Problem Suppose a woman marries her butler. After they are married, her husband continues to wait on her as before, and she continues to support him as before (but as a husband rather than an employee). Consider how this marriage impacts how output in the economy is...
Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios...
Indicate what happens to the unemployment rate and the labor-force participation rate in each of the following scenarios. Scenario Effect On... Unemployment Rate Labor-Force Participation Rate Raphael, a full-time college student, graduates and is immediately employed. Susan quits her job to become a stay-at-home mom. Alex has a birthday, becomes an adult, and starts working in a restaurant. Clancy, a construction worker, dies in an accident at work.
Need help, please show work. Options for each blank are (doubles, stayed the same, or fallen...
Need help, please show work. Options for each blank are
(doubles, stayed the same, or fallen by half). EXCEPT, the options
for the blank at E are (increased, decreased, or stays the
same).
Answers marked in red are incorrect.
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys 10 red apples. In year 2, red apples cost $2 each, green apples cost $1 each, and Abby buys 10 green...
Need help, please show work. Options for each blank are (doubles, stayed the same, or fallen...
Need help, please show work. Options for each blank are
(doubles, stayed the same, or fallen by half). EXCEPT, the options
for the blank at E are (increased, decreased, or stays the
same).
The Data of Macroeconomics-End of Chapter Problem Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys 10 red apples. In year 2, red apples cost $2 each, green apples cost $I each, and Abby buys 10...
Need help, please show work The table below provides the results of the Current Population Survey...
Need help, please show work
The table below provides the results of the Current Population Survey for the year 2017. 3. a) Calculate the labor force participation rate and the unemployment rate in 2017. [You should show your work.] Number of People 665 Employed Unemployed Not in the Labor Force 35 300 b) The labor market diagram below depicts the supply and demand for labor services of working-age teenagers (age 16-19). Suppose the government institutes a minimum wage of $15...
Need help with this, please show work 4. If nominal GDP and real GDP both rise...
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4. If nominal GDP and real GDP both rise by 10 percent, then the GDP deflator O O falls by 10 percent. also rises by 10 percent. remains unchanged. rises by about 20 percent. O
Need help, please show work Blank options for B, E, and F are either 'steeper or flatter." Blank ...
Need help, please show work
Blank options for B, E, and F are either 'steeper or
flatter."
Blank options for C are "decreases in taxes or increase in govt
purchases."
This problem asks you to analyze the IS-LM model algebraically. First the consumption function and investment function from the goods market will be examined. Then, the money demand function from the money market will be examined. The Goods Market: Suppose consumption is a linear function of disposable income: C(Y- Ta...
need it as soon as posible today please. thanks it is Macroeconomics 20) As per capita...
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...
Need help, please show work
Answer options for the first blank are (decreases or remains
unchanged), options for the second blank are (increases or
decreases).
3. Assume immigration increases the labor force in an economy with a Cobb-Douglas production function. Please complete the following statement. As a result, the real wage and the rental price of capital
Need help, please show work. Answer options for first blank
(More labor, or less labor), options for the second are (more
capital, or the same capital).
1. A manager of a perfectly competitive firm observes that the marginal product of labor is 5 units per hour, the marginal product of capital is 40 units per machine, the wage is $20 per hour, the rental price of capital is $120 per machine, and the price of output is $5 per unit....
Need help, please show work. The options for the first blank are
(increases or decreases), the options for the second blank are
(remains unchanged or increase).
The Data of Macroeconomics - Quick Quiz Problem Suppose a woman marries her butler. After they are married, her husband continues to wait on her as before, and she continues to support him as before (but as a husband rather than an employee). Consider how this marriage impacts how output in the economy is...
Need help, please show work. Options for each blank are
(doubles, stayed the same, or fallen by half). EXCEPT, the options
for the blank at E are (increased, decreased, or stays the
same).
Answers marked in red are incorrect.
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys 10 red apples. In year 2, red apples cost $2 each, green apples cost $1 each, and Abby buys 10 green...
Need help, please show work. Options for each blank are
(doubles, stayed the same, or fallen by half). EXCEPT, the options
for the blank at E are (increased, decreased, or stays the
same).
The Data of Macroeconomics-End of Chapter Problem Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys 10 red apples. In year 2, red apples cost $2 each, green apples cost $I each, and Abby buys 10...
Need help, please show work
The table below provides the results of the Current Population Survey for the year 2017. 3. a) Calculate the labor force participation rate and the unemployment rate in 2017. [You should show your work.] Number of People 665 Employed Unemployed Not in the Labor Force 35 300 b) The labor market diagram below depicts the supply and demand for labor services of working-age teenagers (age 16-19). Suppose the government institutes a minimum wage of $15...
Need help with this, please show work
4. If nominal GDP and real GDP both rise by 10 percent, then the GDP deflator O O falls by 10 percent. also rises by 10 percent. remains unchanged. rises by about 20 percent. O
Need help, please show work
Blank options for B, E, and F are either 'steeper or
flatter."
Blank options for C are "decreases in taxes or increase in govt
purchases."
This problem asks you to analyze the IS-LM model algebraically. First the consumption function and investment function from the goods market will be examined. Then, the money demand function from the money market will be examined. The Goods Market: Suppose consumption is a linear function of disposable income: C(Y- Ta...
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...
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