1.Would you be unemployed if you are a full-time student? 2. Your family owns a small...
1.Would you be unemployed if you are a full-time student?
2. Your family owns a small business. You help tend the business in your spare time in return for food and housing. Are you "employed" by BLS standards?
3.You stopped your job as a coffee barista because you want to look a full-time job. What is your classification of unemployment: seasonal, frictional, structural, or cyclical?
Homework Answers
1.
No, I am a full time student, so I am not the part of labor force. So, I am neither unemployed not employed.
2.
A business entity is different from the individuals. So, working for the business on a part time basis, will make be employed as per the BLS standards.
3.
it is a case of frictional unemployment because I have left one job in search of another good that will be full time.
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1.Would you be unemployed if you are a full-time student?
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NAME Table 1: Employed 14.000 people Unemployed 3,000 people Not in the Labor Force 4,000 people...
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Click to select options:
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valable until you sign in again Part-time workers who want full-time work are counted as Multiple...
valable until you sign in again Part-time workers who want full-time work are counted as Multiple Choice ( ) fully employed, and therefore the official unemployment rate may overstate the level of unemployment unemployed, and therefore the official unemployment rate may overstate the level of unemployment. O fully employed, and therefore the official unemployment rate may understate the level of unemployment O c ) unemployed, and therefore the official unemployment rate may understate the level of unemployment. < Prev 40...
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
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4) Fill in the missing values. Labor Force Employed 146028 146057 146320 Unemployed 7116 6927 Unemployment...
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Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....
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Click to select options:
Frictional unemployment
Structural unemployment
Not employed
Cyclical unemployment
Part 1: In each of the following examples, identify whether the individual is experiencing cyclical unemployment, frictional unemployment, structural unemployment, or not included in the unemploy category. a. Marge works part-time at a small retail store. She would like to work full-time, but her employer is currently unable to extend her hours. Click to select) b. Jackson just graduated from college with a business degree. He is currently...
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valable until you sign in again Part-time workers who want full-time work are counted as Multiple Choice ( ) fully employed, and therefore the official unemployment rate may overstate the level of unemployment unemployed, and therefore the official unemployment rate may overstate the level of unemployment. O fully employed, and therefore the official unemployment rate may understate the level of unemployment O c ) unemployed, and therefore the official unemployment rate may understate the level of unemployment. < Prev 40...
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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