Homework Answers
Laura lost her job when her bank closed during the financial crisis.
Explanation:
Marcos left the job is the frictional unemployment.
lisa only works during the summer season is seasonal unemployment.
john is fired is also frictional unemloyment
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U m piuYHICUL Vel lie. QUESTIONTZPONN Which of the following is cyclical unemployment? Select the correct...
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...
Of the following, which is the best example of structural unemployment? O A construction worker who...
Of the following, which is the best example of structural unemployment? O A construction worker who loses his job in the winter. O A steel worker who is replaced by a robot. O An auto worker who loses her job during a recession. O A toy maker who worked for a company that closed because consumers did not buy its toys.
Which of the following is an example of cyclical unemployment? O A. During a recession, aircraft...
Which of the following is an example of cyclical unemployment? O A. During a recession, aircraft assemblers are laid off but expect to be recalled as the economy improves OB. Autoworkers lose jobs due to globalization and must retrain to find new jobs. OC. A student graduates from college and searches for a first job. OD. Workers at ski resorts in Colorado are laid off during the summer
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...
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....
13. Which of the following statements is (are) correct? (x) The natural rate of unemployment is...
13. Which of the following statements is (are) correct? (x) The natural rate of unemployment is the amount of the unemployment that the economy normally experiences. (y) Cyclical unemployment refers to the year-to-year fluctuations of unemployment around its natural rate that are due to short-run ups and downs of the economy (z) Suppose the natural rate of unemployment is 5.5 percent and the current rate of unemployment is 8.1 percent. The cyclical unemployment rate is a positive value of 2.6...
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....
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor...
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...
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....
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a...
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...
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...
Of the following, which is the best example of structural unemployment? O A construction worker who loses his job in the winter. O A steel worker who is replaced by a robot. O An auto worker who loses her job during a recession. O A toy maker who worked for a company that closed because consumers did not buy its toys.
Which of the following is an example of cyclical unemployment? O A. During a recession, aircraft assemblers are laid off but expect to be recalled as the economy improves OB. Autoworkers lose jobs due to globalization and must retrain to find new jobs. OC. A student graduates from college and searches for a first job. OD. Workers at ski resorts in Colorado are laid off during the summer
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...
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....
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....
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...
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....
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...
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