Homework Answers
Option C.
Discouraged workers are those workers who were once employed but are currently not working and are no longer searching for a job actively.
Official unemployment statistics understates the unemployment because discouraged workers are not counted as unemployed.
Discouraged workers are also the workers who were laid off once and are currently unemployed.
This shows that the unemployment statistics is not correctly stating the definition of the term "unemployment".
Add Answer to:
Question 24 3 pts Official unemployment statistics: include cyclical and structural unemployment, but not frictional unemployment...
Exhibit 12-2 Unemployment categories #of Individuals Category Frictional unemployment 20 Structural unemployment 35 60 Cyclical unemployment...
Exhibit 12-2 Unemployment categories #of Individuals Category Frictional unemployment 20 Structural unemployment 35 60 Cyclical unemployment 5 Discouraged workers 10 Underemployed workers 410 Fully employed workers 900 Population The unemployment rate for the economy in Exhibit 12-2 is: Select one: a. 21.5 percent b. 30.5 percent c. 12.8 percent d. 22.2 percent
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
5. What does the natural unemployment rate include? a. both frictional and structural unemployme
5. What does the natural unemployment rate include? a. both frictional and structural unemployment b. neither frictional nor structural unemployment c. structural unemployment, but not frictional unemployment d. frictional unemployment, but not structural unemployment Answer: 6. A foreign governmental statistics agency recently reported that there were 47.6 millionpeople over age 25 who had at least a bachelor’s degree. Of this number, 38.0 million were in the labour force and 35.9 million...
The text outlines three kinds of unemployment: Frictional, Structural, and Cyclical. The Bureau of Labor Statistics...
The text outlines three kinds of unemployment: Frictional, Structural, and Cyclical. The Bureau of Labor Statistics describes a fourth kind, seasonal unemployment, as: “The seasonal fluctuations in the number of employed and unemployed people reflect not only the normal seasonal weather patterns that tend to be repeated year after year, but also the hiring (and layoff) patterns that accompany regular events such as the winter holiday season and the summer vacation season.” Of the four, structural unemployment is the most...
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural...
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural unemployment O B. frictional and cyclical unemployment Oc frictional and structural unemployment OD. Cyclical unemployment O E. discouraged workers during an expansion The unemployment rate fluctuates around the natural unemployment rate O A frictional unemployment increases, decreases OD cyclical unemployment decreases increases OG Structural unemployment increases, decreases OD. cyclical unemployment increases, decreases OL frictional unemployment decreases increases
Click to select options: Frictional unemployment Structural unemployment Not employed Cyclical unemployment Part 1: In each...
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...
Workers Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers 250 350 600 400 Underemployment 450 2. According to data in Exhibit 12-3 and assuming the to...
Workers Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers 250 350 600 400 Underemployment 450 2. According to data in Exhibit 12-3 and assuming the total number of workers is 8,400, the civilian labor force is: a. b. 8,000 8,800 7,550. с. d. 8,400. e.
Workers Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers 250 350 600 400 Underemployment 450 2. According to data in Exhibit 12-3 and assuming the total number of workers is 8,400, the civilian...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are dissatisfied with their current jobs and are considering quitting. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They are full-time workers who would like to work only part-time. The following table contains U.S. employment...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
macroeconomic Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not...
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...
Exhibit 12-2 Unemployment categories #of Individuals Category Frictional unemployment 20 Structural unemployment 35 60 Cyclical unemployment 5 Discouraged workers 10 Underemployed workers 410 Fully employed workers 900 Population The unemployment rate for the economy in Exhibit 12-2 is: Select one: a. 21.5 percent b. 30.5 percent c. 12.8 percent d. 22.2 percent
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural unemployment O B. frictional and cyclical unemployment Oc frictional and structural unemployment OD. Cyclical unemployment O E. discouraged workers during an expansion The unemployment rate fluctuates around the natural unemployment rate O A frictional unemployment increases, decreases OD cyclical unemployment decreases increases OG Structural unemployment increases, decreases OD. cyclical unemployment increases, decreases OL frictional unemployment decreases increases
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...
Workers Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers 250 350 600 400 Underemployment 450 2. According to data in Exhibit 12-3 and assuming the total number of workers is 8,400, the civilian labor force is: a. b. 8,000 8,800 7,550. с. d. 8,400. e.
Workers Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers 250 350 600 400 Underemployment 450 2. According to data in Exhibit 12-3 and assuming the total number of workers is 8,400, the civilian...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are dissatisfied with their current jobs and are considering quitting. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They are full-time workers who would like to work only part-time. The following table contains U.S. employment...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
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...
Most questions answered within 3 hours.
-
1) A loan of RM 10,000 at a flat rate of 10% per annum was
repaid...
asked 5 minutes ago -
Suppose you have been following a particular airline stock for
many years. You are interested in...
asked 12 minutes ago -
Describe the organic pasta: Is it a normal/inferior
good? Is it a necessity/luxury? Does it have...
asked 13 minutes ago -
Are Republicans just as likely as Democrats to display the
American flag in front of their...
asked 23 minutes ago -
Select the true statement below.
nitrogen dioxide is a stronger potential oxidizing agent than
dinitrogen monoxide...
asked 26 minutes ago -
What’s the probability of getting a sequence of 1,2,3,4,5,6 if
we roll a dice six times?
asked 28 minutes ago -
Ibarra Corporation uses the FIFO method in its process costing
system. The first processing department, the...
asked 29 minutes ago -
Multiple Choice Question:
Jennifer Jones, a 38-year-old employee at a metal fabricating
plant, was injured in...
asked 33 minutes ago -
Assume that adults have IQ scores that are normally distributed
with a mean of µ =105...
asked 45 minutes ago -
Self-Study Problem 12.3
Part a:
Linda filed her tax return 2 months late. The tax paid...
asked 48 minutes ago -
1. How many MOLECULES of
boron trichloride are present in
8.03 grams of this compound ?...
asked 1 hour ago -
var gArr = [
{food: 'apple', type: 'fruit'},
{food: 'potato', type: 'vegetable'},
{food: 'banana', type: 'fruit'}...
asked 1 hour ago