True, False or Uncertain If the unemployment rate decreases, we can be sure that the number...
True, False or Uncertain
If the unemployment rate decreases, we can be sure that the number of unemployed workers has decreased.
Homework Answers
Uncertain.
As the unemployment rate measures those jobless workers who are willing to work or in other words searching for a job. Unemployed workers are those who are jobless doesn't matters whether they are willing a job or not. Hence if unemployment rate decreases we are uncertain about the decrease of unemployed workers considering the number of unwilling jobless workers.
Add Answer to:
True, False or Uncertain
If the unemployment rate decreases, we can be sure that the
number...
Explain why each of the following statements is True, False, or Uncertain according to economic principles....
Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate. Unsupported answers will receive no marks. It is the explanation that is important. a. An increase in consumer incomes will result in an increase in the price of any consumer goods. b. If the unemployment rate decreases, we can be sure that the number of unemployed workers has decreased.
Please provide a detailed explanation for the following. Thanks! Explain why each of the following statements...
Please provide a detailed explanation for the following. Thanks! Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate. Unsupported answers will receive no marks. It is the explanation that is important. a. The fact that many developing nations have not finished building their wired communication networks and focused on wireless, while most developed nations have maintained their wired, and continued to build out their wireless networks can be explained...
Can you please state true false or uncertain and explain the reasoning in 4 or more...
Can you please state true false or uncertain and explain the reasoning in 4 or more sentences 4)If the amount of tax paid by an individual with income level Y is equal to T(Y) = X + 0.3Y, then if X = 0 the tax is proportional, while if X < 0 the tax is progressive. 5)The direct and excess burdens from an excise tax are greater the less elastic is demand in the market. [Hint: Assume perfectly elastic supply.]...
Can you please state true false or uncertain and explain the reasoning in 4 or more...
Can you please state true false or uncertain and explain the reasoning in 4 or more sentences 4)If the amount of tax paid by an individual with income level Y is equal to T(Y) = X + 0.3Y, then if X = 0 the tax is proportional, while if X < 0 the tax is progressive. 5)The direct and excess burdens from an excise tax are greater the less elastic is demand in the market. [Hint: Assume perfectly elastic supply.]...
Is it possible for the unemployment rate to go down while the number of unemployed workers...
Is it possible for the unemployment rate to go down while the number of unemployed workers increases? Yes, if the labor force partication rate increases. Yes, if the size of the working age population increases by less than the increase in those adults actively looking for work. No, any increase in the number of unemployed will result in an increase in the unemployment rate. Yes, if the labor force particiation rate decreases.
During recessions, the official unemployment rate may not adequately reflect the true state of official unemployment...
During recessions, the official unemployment rate may not adequately reflect the true state of official unemployment rate and percentage of unemployed, underemployed, and discouraged w Total percentage of the labor force who are either Official unemployment unemployed, underemployed rate or discouraged workers. 5.5% 8.4% Using the data above, calculate the percentage of discouraged and underemployed workers Percentage of discouraged workers and underemployed workers:
True false or uncertain and explain in 3 sentences why? 1)An increase in world supply of...
True false or uncertain and explain in 3 sentences why? 1)An increase in world supply of crude oil will (at some point) lead to a decrease in the price of plastic. [Hint: Crude oil byproducts are an input to the production of plastic.] 2)The measured unemployment rate can only decrease if some of those unemployed get jobs and become counted as employed. 3)If the CPI increases from 150 to 153, the inflation rate is 2%. So if your savings account...
Unemployment Rate = x 100 Number of employed hope Number of Plein the Laborare 10 100...
Unemployment Rate = x 100 Number of employed hope Number of Plein the Laborare 10 100 x 100 10% Suppose a reduction in foreign demand for this economy's products causes an economic recession-a prolonged period of declining output. The following table offers two possible scenarios resulting from the recession Calculate the unemployment rate associated with each scenario in the following table. Assume that each scenario describes the only labor market changes in this economy. Unemployment Rate % Scenario A: Firms...
During recessions, the official unemployment rate may not adequately reflect the true state of workers in...
During recessions, the official unemployment rate may not adequately reflect the true state of workers in the labor market. Data on the official unemployment rate and percentage of unemployed, underemployed, and discouraged workers are provided below. Official unemployment rate Total percentage of the labor force who are either unemployed, underemployed, or discouraged workers 8.4% 5.5% Using the data above, calculate the percentage of discouraged and underemployed workers. Percentage of discouraged workers and underemployed workers: % Unemployment and the Labor Force...
True/False/Uncertain questions from a prior year's final exam. 1. Suppose a welfare program has a benefit guarantee...
True/False/Uncertain questions from a prior year's final exam. 1. Suppose a welfare program has a benefit guarantee of $10,000 and a benefit reduction rate of 50%. True/False/Uncertain: Increasing the benefit reduction rate would increase hours worked of low-wage workers. 2. Consider two countries, X and Y. These two countries have a similar income distribution, but the elasticity of taxable income is greater in X. True/False/Uncertain: Country X should set a higher income tax rate
True/False/Uncertain questions from a prior year's...
During recessions, the official unemployment rate may not adequately reflect the true state of official unemployment rate and percentage of unemployed, underemployed, and discouraged w Total percentage of the labor force who are either Official unemployment unemployed, underemployed rate or discouraged workers. 5.5% 8.4% Using the data above, calculate the percentage of discouraged and underemployed workers Percentage of discouraged workers and underemployed workers:
Unemployment Rate = x 100 Number of employed hope Number of Plein the Laborare 10 100 x 100 10% Suppose a reduction in foreign demand for this economy's products causes an economic recession-a prolonged period of declining output. The following table offers two possible scenarios resulting from the recession Calculate the unemployment rate associated with each scenario in the following table. Assume that each scenario describes the only labor market changes in this economy. Unemployment Rate % Scenario A: Firms...
During recessions, the official unemployment rate may not adequately reflect the true state of workers in the labor market. Data on the official unemployment rate and percentage of unemployed, underemployed, and discouraged workers are provided below. Official unemployment rate Total percentage of the labor force who are either unemployed, underemployed, or discouraged workers 8.4% 5.5% Using the data above, calculate the percentage of discouraged and underemployed workers. Percentage of discouraged workers and underemployed workers: % Unemployment and the Labor Force...
True/False/Uncertain questions from a prior year's final exam. 1. Suppose a welfare program has a benefit guarantee of $10,000 and a benefit reduction rate of 50%. True/False/Uncertain: Increasing the benefit reduction rate would increase hours worked of low-wage workers. 2. Consider two countries, X and Y. These two countries have a similar income distribution, but the elasticity of taxable income is greater in X. True/False/Uncertain: Country X should set a higher income tax rate
True/False/Uncertain questions from a prior year's...
Most questions answered within 3 hours.
-
B. If compound Y has approximately the same values of solubility
in toluene as compound X,...
asked 6 minutes ago -
Oscar Inc. has inventory in Japan valued at 39,051,000 Yen one
year ago. One year ago...
asked 13 minutes ago -
4. How many input & output Key Value Pairs are passed into,
and emitted out of...
asked 17 minutes ago -
If Canada suffered from "fundamental disequilibrium," and its
government choose not to devalue its currency, a...
asked 21 minutes ago -
Why would your heart not function well if constructed of
skeletal muscle? What is the particular...
asked 24 minutes ago -
Please respond to this essay question in full essay form for
Chemistry 1102 Organic and Biochemistry:...
asked 25 minutes ago -
Determine the head loss and velocity of flow in a water supply main
of 15.0 cm...
asked 28 minutes ago -
A marketing executive who knowingly authorizes a shoddy
defective product to be brought to market is...
asked 36 minutes ago -
Write a psudocode:
1. Define a function called authorize that takes in 2 strings,
uName, and...
asked 41 minutes ago -
What Hall voltage (in mV) is produced by a 0.180 T field applied
across a 2.60...
asked 40 minutes ago -
What mass of ethylene glycol (C2H6O2) must be added to 211.0 g
of water to obtain...
asked 43 minutes ago -
Mary's employer has a defined benefits retirement plan, which
pay 3.2% of her last year's salary...
asked 46 minutes ago