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 job anywhere, despite excellent qualifications. the news and media report that there are not enough jobs to go around in the economy.
f. a friend is taking a trip around the world while she waits for another job offer. she has been offered 6 jobs but has not accepted any of them.
Homework Answers
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Which of the following situations would be considered cyclical
unemployment? Choose one or more:
a. worker...
Question (1 point) 1st attempt Which of the following situations would be considered frictional unemployment? Choose...
Question (1 point) 1st attempt Which of the following situations would be considered frictional unemployment? Choose one or more: O A, A software development firm finds the perfect employee, but it waits to hire her because government regulations require the government to consider other candidates before the firm makes a job offer O B. Arecent college graduate takes a month off to travel while deciding between two job offers. O C. A worker in a textile factory loses her job...
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...
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...
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...
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....
Using the official measure of unemployment, which of the following people is considered unemployed? Select one:...
Using the official measure of unemployment, which of the following people is considered unemployed? Select one: a. a part-time worker who wishes to work full time b. a person who gave up looking for jobs because he or she was discouraged about his or her job prospects c. a person who is working but expects to be laid off at the end of the month d. a person who has been searching for work, but turns down a job paying...
Which of the following people are structurally unemployed? Select all answer options that apply. Choose one...
Which of the following people are structurally unemployed? Select all answer options that apply. Choose one or more: A. A seasonal drought causes some farm workers to lose their jobs. There just isn’t enough work for them to do. B. A worker on an assembly line loses her job when the company outsources jobs to China. C. Your mechanic closes his shop because recent advances in technology mean that cars need much less servicing, and he doesn’t have enough work...
Which of the following would help reduce the amount of frictional unemployment? Choose one or more:...
Which of the following would help reduce the amount of frictional unemployment? Choose one or more: A. interviewing a wide variety of candidates to ensure a diverse workforce B. government policies to help promote a stagnant economy C. providing tax breaks to firms that engage in technological innovations D. Websites that advertise job openings across the country E. government policies to limit outsourcing of jobs
1.- Based on the below reading, using Critical Analysis, based on the concepts of text, comment,...
1.- Based on the below reading, using Critical Analysis, based on the concepts of text, comment, and answer What can we learn from the great business leaders? WHAT CAN WE LEARN FROM GREAT BUSINESS LEADERS? 2.- Depending on the below reading assigned, using Critical Analysis, based on the concepts of reading, comment on your optics regarding the last three paragraphs of the reading conclusions. WHAT CAN WE LEARN FROM THE BIG BUSINESS LEADERS? William Henry “Bill” Gates III was born...
Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the...
Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the exact opposite – cautious and reluctant. The two are recent UNCG graduates who roomed together all … ahem … eight years. You know who they are even though they graduated last year because everyone on campus knows Rush and Stu – they’re legends on the social scene. To make ends meet during college, Rush and Stu organized fun trips to exciting destinations and charged...
Question (1 point) 1st attempt Which of the following situations would be considered frictional unemployment? Choose one or more: O A, A software development firm finds the perfect employee, but it waits to hire her because government regulations require the government to consider other candidates before the firm makes a job offer O B. Arecent college graduate takes a month off to travel while deciding between two job offers. O C. A worker in a textile factory loses her job...
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...
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...
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...
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....
Using the official measure of unemployment, which of the following people is considered unemployed? Select one: a. a part-time worker who wishes to work full time b. a person who gave up looking for jobs because he or she was discouraged about his or her job prospects c. a person who is working but expects to be laid off at the end of the month d. a person who has been searching for work, but turns down a job paying...
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