Homework Answers
a) "A"
If there is just a frictional and sturctural unemployment in the market then the market is at the natural rate of unemployment.
b) "C"
they are excluded from the labor force in the market as they are not looking for the job in the market.
c) "A"
this will shift the demand curve to the right, and the new equilibrium will be at a higher price and higher output level.
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21) The U.S. has full employment if unemployment is only the sum of: a) frictional and...
1) The price of pepsi rises...what will happen to the demand for coke: a) the quantity...
1) The price of pepsi rises...what will happen to the demand for coke: a) the quantity demanded of coke will increase b) more coke will be sold at each price c) the demand curve for coke will shift to the right d) the demand curve for coke will shift to the left e) b and c 18) Which items are included in GDP?: a) sales of crack cocaine on a street corner next to Peet's coffee b) a prostitute's legal...
The natural rate of unemployment is the economist's notion of a. frictional unemployment. b. full employment....
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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...
Find the size of the civilian labor force from the following data: frictional unemployment = 150,...
Find the size of the civilian labor force from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000. Select one: O a. 1,425 O b. 2,000 c. 1,450 d. 1,500
6) in the U.S., which is not a specific stated goal of Government policies?: a) price...
6) in the U.S., which is not a specific stated goal of Government policies?: a) price stability b) full employment c) growth d) social well-being (welfare, or "happiness") 7) The unemployment rate is defined as: a) civilian labor force/civilian non-institutional population b) unemployed/civilian labor force 0) discouraged workers/civilian labor force d) none of the above , 8) The term "final goods" refers to: a) raw materials b) goods whose value has been adjusted for changes in the price level c)...
Full employment means: 1. zero unemployment 2. only cyclical unemployment exists 3. only frictional and structural...
Full employment means: 1. zero unemployment 2. only cyclical unemployment exists 3. only frictional and structural unemployment exists. 4. none of the other three answers are correct
The demand for automobiles rises when the economy experiences an expansion. If an automobile manufacturer hires...
The demand for automobiles rises when the economy experiences an expansion. If an automobile manufacturer hires additional workers during an expansion, this would be best described as an example of a reduction in a) cyclical unemployment. b) natural unemployment. c) structural unemployment. d) frictional unemployment. When the Fed increases the rate of growth of the money supply to jump start the economy, the unemployment type that will be directly affected is the a) frictional unemployment. b) cyclical unemployment. c) structural...
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
Please help me with questions 5,6,7,8- Thank you!!! I want to make sure I answer them...
Please help me with questions 5,6,7,8- Thank you!!! I want to
make sure I answer them correctly
UIZNIS d. Investment has little to no impact on a nation's future economic health 5. True of false. Investment is financed by the national savings. a. True b. False 6. The unemployment rate equals divided by a. Labor force, employed b. Unemployed, labor force c. Discouraged workers, labor force d. Labor force, adult population 7. Suppose that 1,000 actively employed adult workers decide...
Full employment is not considered to be zero unemployment, because Select one: a. some frictional unemployment...
Full employment is not considered to be zero unemployment, because Select one: a. some frictional unemployment always exists. b. some cyclical unemployment always exists. c. there are not enough jobs for everyone who wants one. d. some people do not want a job.
1) The price of pepsi rises...what will happen to the demand for coke: a) the quantity demanded of coke will increase b) more coke will be sold at each price c) the demand curve for coke will shift to the right d) the demand curve for coke will shift to the left e) b and c 18) Which items are included in GDP?: a) sales of crack cocaine on a street corner next to Peet's coffee b) a prostitute's legal...
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...
Find the size of the civilian labor force from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000. Select one: O a. 1,425 O b. 2,000 c. 1,450 d. 1,500
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
Please help me with questions 5,6,7,8- Thank you!!! I want to
make sure I answer them correctly
UIZNIS d. Investment has little to no impact on a nation's future economic health 5. True of false. Investment is financed by the national savings. a. True b. False 6. The unemployment rate equals divided by a. Labor force, employed b. Unemployed, labor force c. Discouraged workers, labor force d. Labor force, adult population 7. Suppose that 1,000 actively employed adult workers decide...
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