A reduction in unemployment compensation will
A.
increase the amount of frictional unemployment.
B.
increase the amount of cyclical unemployment.
C.
not change the amount of frictional unemployment because unemployment compensation affects only structural unemployment.
D.
not change the amount of frictional unemployment because unemployment compensation affects only cyclical unemployment.
E.
decrease the amount of frictional unemployment.
Reduction in the amount of unemployment compensation will decrease the amount of frictional unemployment as people would now go for jobs more as no unemployed will be given any assistance by the Govt.
A reduction in unemployment compensation will A. increase the amount of frictional unemployment. B. increase the...
The natural rate of unemployment is generally thought of as the A) ratio of the frictional unemployment rate to the cyclical unemployment rate. B) sum of structural unemployment and cyclical unemployment. C) sum of frictional unemployment and cyclical unemployment. D) sum of frictional unemployment and structural unemployment.
The sum of frictional and structural unemployment is the: amount of unemployment in an economy during a recession. cyclical amount of unemployment. actual unemployment level. natural rate of unemployment.
Question 24 3 pts Official unemployment statistics: include cyclical and structural unemployment, but not frictional unemployment understate unemployment because individuals receiving unemployment compensation are counted as employed understate unemployment because "discouraged workers" are not counted as unemployed overstate unemployment because workers who are involuntarily working part time are counted as being employed
The natural rate of unemployment is the economist's notion of a. frictional unemployment. b. full employment. c. cyclical employment. d. structural unemployment.
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;...
Which of the following concerning unemployment is not correct? a. Frictional unemployment is always present. b. Cyclical unemployment can be corrected by varying demand. c. Structural unemployment is more difficult to identify and correct than other types of unemployment d. The discouraged worker is one who has enough income to retire.
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural unemployment O B. frictional and cyclical unemployment Oc frictional and structural unemployment OD. Cyclical unemployment O E. discouraged workers during an expansion The unemployment rate fluctuates around the natural unemployment rate O A frictional unemployment increases, decreases OD cyclical unemployment decreases increases OG Structural unemployment increases, decreases OD. cyclical unemployment increases, decreases OL frictional unemployment decreases increases
Workers Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers 250 350 600 400 Underemployment 450 2. According to data in Exhibit 12-3 and assuming the total number of workers is 8,400, the civilian labor force is: a. b. 8,000 8,800 7,550. с. d. 8,400. e. Workers Category Frictional unemployment Structural unemployment Cyclical unemployment Discouraged workers 250 350 600 400 Underemployment 450 2. According to data in Exhibit 12-3 and assuming the total number of workers is 8,400, the civilian...
When real GDP grows more slowly than potential GDP, a. nominal GDP rises. b. the unemployment rate falls. c. labor productivity falls. d. the unemployment rate rises. 8. The unemployment rate is the number of unemployed people, expressed as a. a ratio of total employed to the population. b. a ratio of unemployed to the total employed. c. a percentage of the labor force. d. a percentage of the population. 9. If part of the labor force is unemployed, the...
Full employment means: 1. zero unemployment 2. only cyclical unemployment exists 3. only frictional and structural unemployment exists. 4. none of the other three answers are correct