Homework Answers
Option A
Explanation: In cyclical unemployment, a person becomes unemployed because of the business cycle.
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Which of the following is an example of cyclical unemployment? O A. During a recession, aircraft...
Classify each of the following unemployment situations as either cyclical, frictional, or structural unemployment. Items (7...
Classify each of the following unemployment situations as either cyclical, frictional, or structural unemployment. Items (7 items) (Drag and drop into the appropriate area below) Paul lost his job six months ago His employment counselor at the labor office advises him to retrain. Unemployment in Michigan increased as consumer demand for automobiles fellanother job as a their jobs. during the Greatfinancial analyst. Recession. Michael is temporarily out of work. He quit his job at Citibank to find In 2011, BordersA...
29. What type of unemployment (cyclical, frictional, or structural) applies to each of the following: a....
29. What type of unemployment (cyclical, frictional, or structural) applies to each of the following: a. landscapers laid off in response to drop in new housing construction during a recession. b. coal miners laid off due to EPA regulations that shut down coal fired power a financial analyst who quits his/her job in Chicago and is pursing similar work in Arizona d. printers laid off due to drop in demand for printed catalogues and flyers as firms go the internet...
3rd attempt Which of the following can be responsible for a drop in the unemployment rate?...
3rd attempt Which of the following can be responsible for a drop in the unemployment rate? Choose one or more: A. More people become employed. B. The labor force shrinks. C. There is an increase in the number of discouraged workers. D. More people with full-time jobs become part-time workers. 2nd attempt Which of the following can lower the level of frictional unemployment over time? Choose one or more: A. reducing the regulations on hiring practices in a country B....
Classifying the Unemployed Name(s) Classify the following examples as structural, frictional, seasonal or cyclical unemployment -...
Classifying the Unemployed Name(s) Classify the following examples as structural, frictional, seasonal or cyclical unemployment - or not in the labor force. Structural Frictional Seasonal Cyclical Not in Labor Force 1. Angelina Jolie just finished her last movie and is looking for her next film. 2. Tim Tromer was laid off from his construction job because of the recession. 3. Jennifer Waxem just graduated from college and is searching for her first job. 4. Tom Hyde quit his oil exploration...
Which of the following situations would be considered cyclical unemployment? Choose one or more: a. worker...
Which of the following situations would be considered cyclical unemployment? Choose one or more: a. worker on the assembly line at ford is laid off due to a drop in car sales. b. a college instructors contrat is not renewwed because more people are taking online classes c. a typewritter repair shop closes, citing lack of business. d. a friend wins the lottery and quits working. He says he will never work. e. a recent college grad cannot find a...
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...
Which or the following is care) correct? A. The Bureau of Labor Statistics counts a member...
Which or the following is care) correct? A. The Bureau of Labor Statistics counts a member of a surveyed household as an adult if that person is at least 16 years old. B. The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of households calle Current Expenditure Survey. C. Unemployment numbers reported by the Bureau of Labor Statistics are reported based on a monthly survey of about 600,000 households....
Q1 Which of the following are included and which are excluded in calculating this year's GDP....
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....
Classify each of the following unemployment situations as either cyclical, frictional, or structural unemployment. Items (7 items) (Drag and drop into the appropriate area below) Paul lost his job six months ago His employment counselor at the labor office advises him to retrain. Unemployment in Michigan increased as consumer demand for automobiles fellanother job as a their jobs. during the Greatfinancial analyst. Recession. Michael is temporarily out of work. He quit his job at Citibank to find In 2011, BordersA...
29. What type of unemployment (cyclical, frictional, or structural) applies to each of the following: a. landscapers laid off in response to drop in new housing construction during a recession. b. coal miners laid off due to EPA regulations that shut down coal fired power a financial analyst who quits his/her job in Chicago and is pursing similar work in Arizona d. printers laid off due to drop in demand for printed catalogues and flyers as firms go the internet...
3rd attempt Which of the following can be responsible for a drop in the unemployment rate? Choose one or more: A. More people become employed. B. The labor force shrinks. C. There is an increase in the number of discouraged workers. D. More people with full-time jobs become part-time workers. 2nd attempt Which of the following can lower the level of frictional unemployment over time? Choose one or more: A. reducing the regulations on hiring practices in a country B....
Classifying the Unemployed Name(s) Classify the following examples as structural, frictional, seasonal or cyclical unemployment - or not in the labor force. Structural Frictional Seasonal Cyclical Not in Labor Force 1. Angelina Jolie just finished her last movie and is looking for her next film. 2. Tim Tromer was laid off from his construction job because of the recession. 3. Jennifer Waxem just graduated from college and is searching for her first job. 4. Tom Hyde quit his oil exploration...
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...
Which or the following is care) correct? A. The Bureau of Labor Statistics counts a member of a surveyed household as an adult if that person is at least 16 years old. B. The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of households calle Current Expenditure Survey. C. Unemployment numbers reported by the Bureau of Labor Statistics are reported based on a monthly survey of about 600,000 households....
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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