Satchel loses his job and immediately begins looking for another. Other things the same, the unemployment...
| Satchel loses his job and immediately begins looking for another. Other things the same, the unemployment rate ____________ and the labor force participation rate ______________. |
| A. increases; does not change. | ||
| B. does not change; decreases. | ||
| C. does not change; increases. | ||
| D. increases; decreases. | ||
| E. does not change; does not change, | ||
| F. decreases; does not change. | ||
| G. increases; increases. | ||
| H. decreases; decreases. | ||
| I. decreases; increases. |
Homework Answers
The unemployment rate will increase as more people are unemployed and employment has fallen but the labor force will not change.
the answer is "A".
Add Answer to:
Satchel loses his job and
immediately begins looking for another. Other things the same, the
unemployment...
1. Matt loses his job, but because he starts to receive unemployment insurance, he initially decides...
1. Matt loses his job, but because he starts to receive unemployment insurance, he initially decides to limit his job search to those jobs that are most specific to his interest in sailing around the world. Other things the same, the unemployment rate increases, and the labor-force participation rate is unaffected. increases, and the labor-force participation rate decreases. decreases, and the labor-force participation rate increases. decreases, and the labor-force participation rate decreases. 2. Use the balance...
Matilda just graduated from college. In order to devote all her efforts to college, she did...
Matilda just graduated from college. In order to devote all her efforts to college, she did not hold a job. She is going to cruise around the country on her motorcycle for a month before she starts looking for work. Other things the same, the unemployment rate ____________ and the labor force participation rate ______________. A. increases; does not change. B. does not change; decreases. C. decreases; does not change. D. increases; decreases. E. increases; increases. F. does not change; increases. G. does not change; does not...
Which of the three measures of inflation measures the average price level of the largest number 19. of goods? a. The CP b. The GDP Deflator c. The Producer Price Index d. The Wholesale Price Inde...
Which of the three measures of inflation measures the average price level of the largest number 19. of goods? a. The CP b. The GDP Deflator c. The Producer Price Index d. The Wholesale Price Index 20. Which of the following is NOT a reason why people save a. To smooth consumption over their lives b. To finance their future retirement c. As a way to transfer income from good times to bad d. To increase investment 21. If the...
Mikelsjustgated from college and is now looking for a job, but has not yet found onTheses...
Mikelsjustgated from college and is now looking for a job, but has not yet found onTheses the unemployment rate to participation rate to and the labor force decrease how rathe the way the same
4. If an unemployed person quits looking for work, ceteris paribus, A. the unemployment rate increases....
4. If an unemployed person quits looking for work, ceteris paribus, A. the unemployment rate increases. B. the unemployment rate decreases. C. the size of the labor force falls. D. A and C, only E. B and C only 6. Which of the following statements is (are) correct? (x) Job search is the process of matching workers with appropriate jobs and people who are unemployed because of job search are best classified as frictionally unemployed. (y) Frictional unemployment can be...
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...
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....
Person Edison is a 44-year-old autoworker who was laid off from his job 6 months ago....
Person Edison is a 44-year-old autoworker who was laid off from his job 6 months ago. He is frustrated with his inability to find a new full-time position. Last week, he took a part-time job but was given only 3 hours of work. Hilary is a 36-year-old autoworker who was just laid off by her employer . She is trying to find any kind of job to help make ends meet. Kevin is a 45-year-old accountant who has been out...
2. The table below relates to the labor force classification of a particular country. Use the...
2. The table below relates to the labor force classification of a particular country. Use the information to answer the questions that follows. Full-time employed 56 million Part-time employed 22 million Unemployed 12 million Not in the Labor Force 30 million Calculate the following: a. Labor Force b. Adult Population c. Unemployment rate d. Labor-Force participation rate e. If some of those actively looking for a job apparently give-up and become “discourage workers’. All else being the same, how would...
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...
Which of the three measures of inflation measures the average price level of the largest number 19. of goods? a. The CP b. The GDP Deflator c. The Producer Price Index d. The Wholesale Price Index 20. Which of the following is NOT a reason why people save a. To smooth consumption over their lives b. To finance their future retirement c. As a way to transfer income from good times to bad d. To increase investment 21. If the...
Mikelsjustgated from college and is now looking for a job, but has not yet found onTheses the unemployment rate to participation rate to and the labor force decrease how rathe the way the same
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...
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....
Person Edison is a 44-year-old autoworker who was laid off from his job 6 months ago. He is frustrated with his inability to find a new full-time position. Last week, he took a part-time job but was given only 3 hours of work. Hilary is a 36-year-old autoworker who was just laid off by her employer . She is trying to find any kind of job to help make ends meet. Kevin is a 45-year-old accountant who has been out...
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...
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