Homework Answers
Cyclical unemployment occurs due to slowdown in the economy.
Partially unemployment is the type of unemployment when person is doin job but working less hours than their colleges.
Structural unemployment comes in place when people do not have enough skill set to apply for job.
Frictional unmeployment is a situation when people are unemployed and looking for a job. It does not matter whether they are voluntarily unemployed or fired. Kayla is voluntarily unemployed.
Thus option D is correct.
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Hover the questions carefully. There are 30 questions and each question has a value of 3...
can be more than one answer QUESTION 1 C. Chestnut voluntarily quit her job as a...
can be more than one answer
QUESTION 1 C. Chestnut voluntarily quit her job as a waitress last week, and is actively looking for a better job as a nuclear physicist, a job she has been trained for. (looked for a job yesterday) She will be counted in which of the following categories: Ok. Represents three jobs in the Establishment Survey calculations of total employment. b. Employed e. Underemployed g. Structurally unemployed I. Represents one job in the Establishment Survey...
question 33 is more than one answer QUESTION 32 Mr. Loon is crazy. He is institutionalized...
question
33 is more than one answer
QUESTION 32 Mr. Loon is crazy. He is institutionalized at a state mental hospital where he has a job teaching bird calls to other inmates. He will be counted in which of the following categories: Ob. Employed Ok. Represents three jobs in the Establishment Survey calculations of total employment O c. Unemployed Oh. Cyclically unemployed i. Represents one job in the Establishment Survey calculations of total employment. 1. Frictionally unemployed d. Not in...
u over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 28 3 pts...
u over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 28 3 pts Suppose there are 5 million unemployed workers seeking jobs. After a period of time, 1 million of them become discouraged over their job prospects and cease to look for work. As a result of this, the official unemployment rate would: remain unchanged decline increase in the short run but eventually decline increase Previous Next >
NEr the questions carefully. There are 30 questions and each question has a value of 3...
NEr the questions carefully. There are 30 questions and each question has a value of 3 points. Question 29 The cost of inflation falls upon which group the hardest? elderly Americans and other people living on fixed incomes debtors, people who borrow money wealthy Americans who invest in stocks and bonds, the value of which is sensitive to inflation middle-income Americans who pay most of the taxes and spend most of their income on goods and services Previous Not saved
Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of 3 point Question 15 If depreciation exceeds gross investment, it can be concluded that: O gross investment is equal to net investment O net investment is negative nominal GDP is rising but real GDP is declining the economy is expanding Previous
12 II over the questions carefully. There are 30 questions and each question has a value...
12 II over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 6 What if Sam buys $7 worth of yarn to knit a sweater for her cat. By how much does GDP increase? $0 > $4 * Previous
Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of 3 poir Question 13 Net exports is a negative figure when: O a nation's imports of goods and services exceed its exports a nation's exports of goods and services exceed its imports the economy's stock of capital goods is declining depreciation exceeds gross private domestic investment < Previous
Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 9 The difference between U.S. Gross Domestic Product and Gross National Product is: Foreign currency is counted in GDP but not in GNP Foreign investments in EU countries are counted in GDP but not GNP Foreign trade is counted in GDP but not in GNP Foreign-owned factories located in the U.S. are counted in GDP but not GNP Previous
Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. D Question 5 In the definition of GDP "final goods and services" means: Those goods no longer used to produce another product or service are counted Goods destined for final consumption in foreign countries are not counted Intermediate goods are not counted Only products certified and tested are counted as part of GDP Previous
Which of the following is a shortcoming of the unemployment rate? Choose one or more: A....
Which of the following is a shortcoming of the unemployment
rate?
Choose one or more:
A. There are too few observations collected monthly. The
small sample size causes inaccurate measurements.
B. Temporary workers are not counted as
employed.
C. If someone is working at a lower-paying job but is
qualified for a higher-paying job, he/she is counted as
unemployed.
D. The unemployment rate does not include discouraged
workers.
Which of the following can lower the level of frictional
unemployment over...
can be more than one answer
QUESTION 1 C. Chestnut voluntarily quit her job as a waitress last week, and is actively looking for a better job as a nuclear physicist, a job she has been trained for. (looked for a job yesterday) She will be counted in which of the following categories: Ok. Represents three jobs in the Establishment Survey calculations of total employment. b. Employed e. Underemployed g. Structurally unemployed I. Represents one job in the Establishment Survey...
question
33 is more than one answer
QUESTION 32 Mr. Loon is crazy. He is institutionalized at a state mental hospital where he has a job teaching bird calls to other inmates. He will be counted in which of the following categories: Ob. Employed Ok. Represents three jobs in the Establishment Survey calculations of total employment O c. Unemployed Oh. Cyclically unemployed i. Represents one job in the Establishment Survey calculations of total employment. 1. Frictionally unemployed d. Not in...
u over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 28 3 pts Suppose there are 5 million unemployed workers seeking jobs. After a period of time, 1 million of them become discouraged over their job prospects and cease to look for work. As a result of this, the official unemployment rate would: remain unchanged decline increase in the short run but eventually decline increase Previous Next >
NEr the questions carefully. There are 30 questions and each question has a value of 3 points. Question 29 The cost of inflation falls upon which group the hardest? elderly Americans and other people living on fixed incomes debtors, people who borrow money wealthy Americans who invest in stocks and bonds, the value of which is sensitive to inflation middle-income Americans who pay most of the taxes and spend most of their income on goods and services Previous Not saved
Read over the questions carefully. There are 30 questions and each question has a value of 3 point Question 15 If depreciation exceeds gross investment, it can be concluded that: O gross investment is equal to net investment O net investment is negative nominal GDP is rising but real GDP is declining the economy is expanding Previous
12 II over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 6 What if Sam buys $7 worth of yarn to knit a sweater for her cat. By how much does GDP increase? $0 > $4 * Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 poir Question 13 Net exports is a negative figure when: O a nation's imports of goods and services exceed its exports a nation's exports of goods and services exceed its imports the economy's stock of capital goods is declining depreciation exceeds gross private domestic investment < Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 9 The difference between U.S. Gross Domestic Product and Gross National Product is: Foreign currency is counted in GDP but not in GNP Foreign investments in EU countries are counted in GDP but not GNP Foreign trade is counted in GDP but not in GNP Foreign-owned factories located in the U.S. are counted in GDP but not GNP Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. D Question 5 In the definition of GDP "final goods and services" means: Those goods no longer used to produce another product or service are counted Goods destined for final consumption in foreign countries are not counted Intermediate goods are not counted Only products certified and tested are counted as part of GDP Previous
Which of the following is a shortcoming of the unemployment
rate?
Choose one or more:
A. There are too few observations collected monthly. The
small sample size causes inaccurate measurements.
B. Temporary workers are not counted as
employed.
C. If someone is working at a lower-paying job but is
qualified for a higher-paying job, he/she is counted as
unemployed.
D. The unemployment rate does not include discouraged
workers.
Which of the following can lower the level of frictional
unemployment over...
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