If there were an increase in the share of the labour force that is unionized, it...
If there were an increase in the share of the labour force that is unionized, it would likely lead to __________ wage flexibility, which would ___________ the NAIRU.
a) more; decrease
b) less; not change
c) more; increase
d) less; increase
e) less; decrease
Homework Answers
Option D.
- NAIRU stands for non-accelerating inflation rate of unemployment. It is the rate of unemployment above which inflation cannot rise and is expected to rise only below this level.
- If more of the labour force is unionized, then wage flexibility will decrease which would hence raise this level of NAIRU.
Add Answer to:
If there were an increase in the share of the labour force that
is unionized, it...
If the Bank of Canada were to miscalculate the NAIRU (non-accelerating inflation rate of unemployment) as...
If the Bank of Canada were to miscalculate the NAIRU (non-accelerating inflation rate of unemployment) as being 10% when in fact it was 12%, it might cause O A. consumers to spend more than they intended, because the Bank of Canada misled them about the unemployment rate. O B. a reduction in the natural rate of unemployment, because it would be allowing inflation to occur. O c. a one-time reduction in unemployment, because of a one-time increase in the money...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check Intriction Part...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check Intriction Part 2 Circle the letter of the item that correctly completes each of the following statements. The supply of labour will increase or shift outward because of A. A higher wago B. A lower wage C An increase intares D A decrease in taxes 2. The supply of labour will decrease or shift inward because of A. A decrease in expected future income 8. A...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check The supply...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check The supply of labour will decrease or shift inward because of A decrease in expected future income 2. Inatoustion Part 2 Circle the letter of the item that correctly completes each of the following statements. The supply of labour will Increase or shift outward because of A. A higher wage A lower wage 1. C. An increase in expected future income The supply of labour increase...
Fill in the blanks to make the following statements correct a. The NAIRU is composed of...
Fill in the blanks to make the following statements correct a. The NAIRU is composed of frictional unemplöyment and unemployment. The NAIRU is always than zero b. If there are 1000 loggers in British Columbia who are unemployed, and 1000 vacant positions for call centre operators in New Brunswick, we say that this unemployment is percentage points are due to C. Suppose the NAIRU in June 2018 was 60 percent. If the actual unemployment rate was 82 percent, we can...
Questions 12-16 Gamma's Labour Force Metrics in 2019 Employment 20,000,000 Unemployment 2,000,000 Unemployment rate A=? Labour...
Questions 12-16 Gamma's Labour Force Metrics in 2019 Employment 20,000,000 Unemployment 2,000,000 Unemployment rate A=? Labour force BE? Labour force participation rate C=? Employment-population rate 65% Working-age population D=? Persons not of working age 12,000,000 12. Gamma's total labour force was a) 20 million b) 22 million c) 27 million d) 39 million Gamma's working-age population was a) 22,000,000 b) 29,329,765 c) 30,769,230 d) 31,236,762 Gamma's labour force participation rate was (1st decimal; no rounding) was a) 65.1% b) 68.4%...
2. In an industry, labour supply is E 10 + w and labour demand is E...
2. In an industry, labour supply is E 10 + w and labour demand is E the level of employment and w is the hourly wage 60-4w, where E is a) What are the equilibrium wage and employment if the labour market is competitive? b) Suppose the government sets a minimum hourly wage of $12. How many workers would lose their jobs? How many additional workers would want a job at the minimum wage? What is the unemployment rate? c)...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check 4. A...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check 4. A shift in the labour supply will A. Be larger for a change that is viewed as permanent 8Bo larger for a change that is viewed as temporary C Depends on the nominal wage D. Depends on the real wage 5. As wages rise, more people are encourage to A Reduce their work hours 8. Seok volunteer jobs C. Give up somo leisure D. Take...
1. The reservation wage likely increases when A. the price of consumption increases. B. the wage...
1. The reservation wage likely increases when A. the price of consumption increases. B. the wage increases. C. the price level (of consumption and wages) increases. D. non-labor income increases. E. one is a discouraged worker. 2. Due to the added worker effect, the labor force participation rate A. increases during a recession. B. decreases during a recession. C. a fairly useless statistic. D. over-counts the number of workers wanting a job. E. over-counts the number of workers with a...
Which of the following events would describe a shift only in Canada's short run agggregate supply...
Which of the following events would describe a shift only in Canada's short run agggregate supply curve? An increase in the number of skilled immigrants to Canada leads to an increase in average wages. The reduction in consumer spending is expected to lead to deflation O An decrease in labour union strength leads to a reduction in average wage settlements. Growth will be unusually high in the next few years as more retired people reenter the labour force
Anything that makes the efficiency wage rise relative to the market-clearing wage will a. increase both...
Anything that makes the efficiency wage rise relative to the market-clearing wage will a. increase both the quantity demanded and the quantity supplied of labour. b. decrease both the quantity demanded and the quantity supplied of labour. c. increase the quantity demanded and decrease the quantity supplied of labour. d. decrease the quantity demanded and increase the quantity supplied of labour.
If the Bank of Canada were to miscalculate the NAIRU (non-accelerating inflation rate of unemployment) as being 10% when in fact it was 12%, it might cause O A. consumers to spend more than they intended, because the Bank of Canada misled them about the unemployment rate. O B. a reduction in the natural rate of unemployment, because it would be allowing inflation to occur. O c. a one-time reduction in unemployment, because of a one-time increase in the money...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check Intriction Part 2 Circle the letter of the item that correctly completes each of the following statements. The supply of labour will increase or shift outward because of A. A higher wago B. A lower wage C An increase intares D A decrease in taxes 2. The supply of labour will decrease or shift inward because of A. A decrease in expected future income 8. A...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check The supply of labour will decrease or shift inward because of A decrease in expected future income 2. Inatoustion Part 2 Circle the letter of the item that correctly completes each of the following statements. The supply of labour will Increase or shift outward because of A. A higher wage A lower wage 1. C. An increase in expected future income The supply of labour increase...
Fill in the blanks to make the following statements correct a. The NAIRU is composed of frictional unemplöyment and unemployment. The NAIRU is always than zero b. If there are 1000 loggers in British Columbia who are unemployed, and 1000 vacant positions for call centre operators in New Brunswick, we say that this unemployment is percentage points are due to C. Suppose the NAIRU in June 2018 was 60 percent. If the actual unemployment rate was 82 percent, we can...
Questions 12-16 Gamma's Labour Force Metrics in 2019 Employment 20,000,000 Unemployment 2,000,000 Unemployment rate A=? Labour force BE? Labour force participation rate C=? Employment-population rate 65% Working-age population D=? Persons not of working age 12,000,000 12. Gamma's total labour force was a) 20 million b) 22 million c) 27 million d) 39 million Gamma's working-age population was a) 22,000,000 b) 29,329,765 c) 30,769,230 d) 31,236,762 Gamma's labour force participation rate was (1st decimal; no rounding) was a) 65.1% b) 68.4%...
2. In an industry, labour supply is E 10 + w and labour demand is E the level of employment and w is the hourly wage 60-4w, where E is a) What are the equilibrium wage and employment if the labour market is competitive? b) Suppose the government sets a minimum hourly wage of $12. How many workers would lose their jobs? How many additional workers would want a job at the minimum wage? What is the unemployment rate? c)...
The Labour Market & Unemployment Skills Check The Labour Market & Unemployment Skills Check 4. A shift in the labour supply will A. Be larger for a change that is viewed as permanent 8Bo larger for a change that is viewed as temporary C Depends on the nominal wage D. Depends on the real wage 5. As wages rise, more people are encourage to A Reduce their work hours 8. Seok volunteer jobs C. Give up somo leisure D. Take...
Which of the following events would describe a shift only in Canada's short run agggregate supply curve? An increase in the number of skilled immigrants to Canada leads to an increase in average wages. The reduction in consumer spending is expected to lead to deflation O An decrease in labour union strength leads to a reduction in average wage settlements. Growth will be unusually high in the next few years as more retired people reenter the labour force
Most questions answered within 3 hours.
-
The owner of Genuine Subs, Inc., hopes to expand the present
operation by adding one new...
asked 1 minute ago -
Find the in-line equilibrium location with respect to two
particles located on the z-axis, the first...
asked 2 minutes ago -
Data from PT Li (in thousand rupiah)
are as follows:
Inventory decrease
90,000
Prepaid expense...
asked 8 minutes ago -
Let X and Y be i.i.d. random variables with finite second
moments. Show that Cov(X+Y, X...
asked 16 minutes ago -
An ANOVA comparing two groups is equivalent to an independent
samples t-test.
True
False
asked 28 minutes ago -
Some supermarkets are using customer tracking technology that
traces the flow of customers
through the shop....
asked 19 minutes ago -
A dock worker applies a constant horizontal force of 75.0 N to a
block of ice...
asked 28 minutes ago -
You are the CEO of a major corporation whose databases were
recently hacked, and sensitive customer...
asked 33 minutes ago -
Amazon is not just a
surviving company of the 1990s tech boom; it is now one...
asked 31 minutes ago -
Q1b. Provide an example of how pricing should interact
with the services offered by the retailer.
asked 1 hour ago -
a mass weighing 8 pounds when attached to a spring, stretches
it 6 inches.the object is...
asked 1 hour ago -
The following is part of the computer output from a regression
of monthly returns on Waterworks...
asked 1 hour ago