If the unemployment rate fell from 9% to 8%? a) total employment must have grown by...
If the unemployment rate fell from 9% to 8%?
a) total employment must have grown by 1%.
b) total employment must have fallen by 1%.
c) it is uncertain how much employment grew.
d) 1% of the labor force was discouraged, and stopped looking for work.
Homework Answers
If the unemployment rate fell from 9% to 8%, then employment rate must be increase by 1%.
So, the total employment must have grown by 1%
Answer: option (a).
Add Answer to:
If the unemployment rate fell from 9% to 8%?
a) total employment must have grown by...
Table 1 Total population Working-age population Employment Unemployment 20,000 15,000 1,000 100 2) Refer to Table...
Table 1 Total population Working-age population Employment Unemployment 20,000 15,000 1,000 100 2) Refer to Table I. The unemployment rate for this simple economy equals A) (100/1,000) x 100. B) (100/1,100) x 100. C) (100/15,000) * 100. D) (100/20,000) 100. 3) Refer to Table 1. The labor force participation rate for this simple economy equals A) (1,000/1,100) x 100. B) (1,000/15,000) 100. C) (1,100/15,000) x 100. D) (1,100/20,000) * 100. 4) Suppose the working-age population of a fictional economy falls...
QUESTION 42 Look at the table Unemployment and Employment Data. Find the unemployment rate for this...
QUESTION 42 Look at the table Unemployment and Employment Data. Find the unemployment rate for this economy. (Show Your Work) HINT: If you have given up looking for job or if you are retired you are not neither part of Labor force nor part of unemployed people. Unemployment and Employment Data in Millions Population 170 Employed 95 Unemployed and Looking for work 5 Give up Looking for work. 3 Retired 30
Please calculate the unemployment rate, the employment rate, and the labor force participation rate given the...
Please calculate the unemployment rate, the employment rate, and the labor force participation rate given the following information. Round to two decimal places. Total Population: 280,270,378 Homemakers: 18,874,567 Retired: 24,687,155 Labor Force: 225,314,672 Under the Age of 16: 30,799,600 Discouraged Workers: 9,678,228 Unemployed: 31,482,365 Underemployed: 5,977,312
9. LounchPad. An economy has 100 people divided among the folteoving groups: 25 have full-time jobs,...
9. LounchPad. An economy has 100 people divided among the folteoving groups: 25 have full-time jobs, 20 hare one part-time job, 5 have two part-time jobs, 10 would like to work and are looking for jobs, 10 would like to work but are so discouraged they have given up looking, 10 are running their own businesses, 10 are retired, and 10 are small children. a. Calculate the labor force and the labor-force participation rate unemployment rate. as measured by the...
2. In calculating the unemployment rate, part-time workers are
2. In calculating the unemployment rate, part-time workers areA. counted as unemployed because they are not working full-time.B. counted as employed because they are receiving payment for work.C. used to determine the size of the labor force, but not the unemployment rate.D. treated the same as "discouraged" workers who are not actively seeking employment.3. Bethany heard that there had been inflation last month. She laughed and did not believe it. When asked why not, she said that last week she...
3. The table below shows unemployment and labor force statistics for an economy. Actual rate of...
3. The table below shows unemployment and labor force statistics for an economy.Actual rate of unemployment3%Natural rate of unemployment4%Population of the country125mitlonNumber of people employed97miltionNumber of people unemployed3 millionNumber of people employed part-time5 millionNumber of discouraged workers2 milliona. Calculate the size of the labor force.b. Calculate the labor force participation rate. Show your work.c. Given the state of the economy described in the table, is actual real output less than, greater than, or equal to potential real output? Explain.d. Calculate...
21. Insofar as government public policy is concerned, the best way to battle unemployment would be...
21. Insofar as government public policy is concerned, the best way to battle unemployment would be A. to minimize the severity of recessions B. to maximize unemployment payments C. to maximize unemployment insurance duration D. to minimize labor unions 22. The labor force consists of A. discouraged workers, employed workers, plus those actively seeking work. B. all adults who are working or actively seeking work. C. all adults who are able to work D. all adults who are working, plus...
If the unemployment rate is 6%, it suggests that 6% of Select one: a. the population is not working b. the labor force...
If the unemployment rate is 6%, it suggests that 6% of Select one: a. the population is not working b. the labor force is not working at that time c. people are discouraged from job search d. the individuals who are looking for work cannot find jobs e. of all potential workers are not working
Unemployment. Recall the model of long-run unemployment E' f-U+(1-8) . E = where E denotes current employment, U denotes current unemployment, s denotes the se aration rate, f denotes the job fi...
Unemployment. Recall the model of long-run unemployment E' f-U+(1-8) . E = where E denotes current employment, U denotes current unemployment, s denotes the se aration rate, f denotes the job finding rate, and E and U denote future employment and unemployment. As usual, we define the labor force as and the unemployment rate as: Answer the following (a) (3 points) Derive an expression for the steady state or natural rate of unemployment u" as a function of the job...
21) The U.S. has full employment if unemployment is only the sum of: a) frictional and...
21) The U.S. has full employment if unemployment is only the sum of: a) frictional and structural unemployment b) frictional and cyclical unemployment c) structural and cyclical unemployment 22) Housewives/husbands are: a) included in the labor force b) unemployed c) excluded from the labor force d) necessarily considered "discouraged workers" 5) Consumer expectations that prices in the future will rise, will cause the demand curve to shift to the causing equilibrium price to ___and equilibrium quantity to a) right; rise;...
Table 1 Total population Working-age population Employment Unemployment 20,000 15,000 1,000 100 2) Refer to Table I. The unemployment rate for this simple economy equals A) (100/1,000) x 100. B) (100/1,100) x 100. C) (100/15,000) * 100. D) (100/20,000) 100. 3) Refer to Table 1. The labor force participation rate for this simple economy equals A) (1,000/1,100) x 100. B) (1,000/15,000) 100. C) (1,100/15,000) x 100. D) (1,100/20,000) * 100. 4) Suppose the working-age population of a fictional economy falls...
QUESTION 42 Look at the table Unemployment and Employment Data. Find the unemployment rate for this economy. (Show Your Work) HINT: If you have given up looking for job or if you are retired you are not neither part of Labor force nor part of unemployed people. Unemployment and Employment Data in Millions Population 170 Employed 95 Unemployed and Looking for work 5 Give up Looking for work. 3 Retired 30
9. LounchPad. An economy has 100 people divided among the folteoving groups: 25 have full-time jobs, 20 hare one part-time job, 5 have two part-time jobs, 10 would like to work and are looking for jobs, 10 would like to work but are so discouraged they have given up looking, 10 are running their own businesses, 10 are retired, and 10 are small children. a. Calculate the labor force and the labor-force participation rate unemployment rate. as measured by the...
21. Insofar as government public policy is concerned, the best way to battle unemployment would be A. to minimize the severity of recessions B. to maximize unemployment payments C. to maximize unemployment insurance duration D. to minimize labor unions 22. The labor force consists of A. discouraged workers, employed workers, plus those actively seeking work. B. all adults who are working or actively seeking work. C. all adults who are able to work D. all adults who are working, plus...
Unemployment. Recall the model of long-run unemployment E' f-U+(1-8) . E = where E denotes current employment, U denotes current unemployment, s denotes the se aration rate, f denotes the job finding rate, and E and U denote future employment and unemployment. As usual, we define the labor force as and the unemployment rate as: Answer the following (a) (3 points) Derive an expression for the steady state or natural rate of unemployment u" as a function of the job...
21) The U.S. has full employment if unemployment is only the sum of: a) frictional and structural unemployment b) frictional and cyclical unemployment c) structural and cyclical unemployment 22) Housewives/husbands are: a) included in the labor force b) unemployed c) excluded from the labor force d) necessarily considered "discouraged workers" 5) Consumer expectations that prices in the future will rise, will cause the demand curve to shift to the causing equilibrium price to ___and equilibrium quantity to a) right; rise;...
Most questions answered within 3 hours.
-
In a performance test, each of two cars takes 8.9 s to
accelerate from rest to...
asked 11 minutes ago -
Sapphire Aerospace operates 52 weeks per year, and its cost of
goods sold last year was...
asked 15 minutes ago -
Which of these four researchers is most likely to have made Type
1 error
Kim who...
asked 11 minutes ago -
Create ER Model
Assets are resources that are used in CMS to display content.
Each asset...
asked 10 minutes ago -
A. Suppose your manager indicates that for a normally
distributed data set you are analyzing, your...
asked 15 minutes ago -
For each the following molecules draw the best possible
structure based on formal charges for each...
asked 16 minutes ago -
A proton moves in the plane of this paper toward the top of the
page. A...
asked 25 minutes ago -
different divisions differing lines of business use
different costs of capital because their cost of equity...
asked 21 minutes ago -
Give an algorithm to determine whether or not the elements
of
an array of integers are...
asked 28 minutes ago -
. Gravimetric analysis. The gravimetric analysis that we will
perform in lab occurs according to the...
asked 47 minutes ago -
Learning curve problem:
A company was ordered to make 6 custom made parts. the labor
costs...
asked 44 minutes ago -
When you don’t recall operator precedences you can Guess
Experiment with the compiler Look in a...
asked 47 minutes ago