Homework Answers
a) No, discouraged worker are not counted as unemployed because they are not part of the work force, they are not even part of the labor force/
b) NO, a part time worker no matter what will be considered unemployed in any case, they are part of employed work force.
c) no, a 13 year old is not part of the labor force so they are not counted as job.
d) No, institutionalised members of the military or prison are not part of the labor force so no unemployment or employment.
This statement is false because even at full employment there is some frictional and structural unemployment left.
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Please answer questions 7 and 8. Please answer question 7 in whole and thank you so much 7. (1 point) a. Are discour...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
Select the answer that best describes an underemployed worker. O Cathy, who works full time as...
Select the answer that best describes an underemployed worker. O Cathy, who works full time as a kindergarten teacher Jessica, a full-time college student O Heather, who was laid off six months ago and gave up trying to find a new job two O Bill, who is retired but works part time as a mechanic to stay active O Benny, who works part time as a contract author but would prefer to work full time When the official unemployment rate...
7. The BLS reported that in July 2012, employment decreased by 195,000 to 142,220,000 and the...
7. The BLS reported that in July 2012, employment decreased by 195,000 to 142,220,000 and the unemployment rate increased from 8.2 percent in June 2012 to 8.3 percent in July 2012. About 3.4 million people were marginally attached workers and 0.9 million of them were discouraged Part 1. In July 2012, the number of unemployed changed by? (If the number of unemployed decreases, include a minus sign. If the number of unemployed increases, do not include a plus sign). Part...
2. Discouraged workers following statements correctly describe discouraged workers? (If none of the choices apply...
2. Discouraged workers following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all Which of the that apply. They have given up on looking for a job. They are dissatisfied with their current jobs and are e considering quitting. They are full-time workers who would like to work only part-time. They are counted as part of the labor force by the Bureau of Labor Statistics. The following table contains U.S....
Simply counting the number of unemployed workers will not necessarily give the Bureau of Labor Statistics...
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2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are full-time workers who would like to work only part-time. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They have not looked for a job in 4 weeks (or longer), but they would like a...
Macroeconomic Thank you so much 1. Measuring unemployment and labor force participation A Aa Consider a...
Macroeconomic
Thank you so much
1. Measuring unemployment and labor force participation A Aa Consider a small economy composed of six people: Eric, Madeline, Daesun, Laura, Tim, and Yvonne. Each person's employment status is described in the following table Based on the criteria used by the Bureau of Labor Statistics (BLS), classify each person as employed, unemployed, not in the labor force but still part of the (civilian, noninstitutionalized) adult population, or not in the (civilla noninstitutionalized) adult population. Person...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are dissatisfied with their current jobs and are considering quitting. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They are full-time workers who would like to work only part-time. The following table contains U.S. employment...
7. Discouraged searchers and underemployed workers By keeping track of discouraged workers and underemployed workers, Statistics...
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Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
Select the answer that best describes an underemployed worker. O Cathy, who works full time as a kindergarten teacher Jessica, a full-time college student O Heather, who was laid off six months ago and gave up trying to find a new job two O Bill, who is retired but works part time as a mechanic to stay active O Benny, who works part time as a contract author but would prefer to work full time When the official unemployment rate...
7. The BLS reported that in July 2012, employment decreased by 195,000 to 142,220,000 and the unemployment rate increased from 8.2 percent in June 2012 to 8.3 percent in July 2012. About 3.4 million people were marginally attached workers and 0.9 million of them were discouraged Part 1. In July 2012, the number of unemployed changed by? (If the number of unemployed decreases, include a minus sign. If the number of unemployed increases, do not include a plus sign). Part...
2. Discouraged workers following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all Which of the that apply. They have given up on looking for a job. They are dissatisfied with their current jobs and are e considering quitting. They are full-time workers who would like to work only part-time. They are counted as part of the labor force by the Bureau of Labor Statistics. The following table contains U.S....
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are full-time workers who would like to work only part-time. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They have not looked for a job in 4 weeks (or longer), but they would like a...
Macroeconomic
Thank you so much
1. Measuring unemployment and labor force participation A Aa Consider a small economy composed of six people: Eric, Madeline, Daesun, Laura, Tim, and Yvonne. Each person's employment status is described in the following table Based on the criteria used by the Bureau of Labor Statistics (BLS), classify each person as employed, unemployed, not in the labor force but still part of the (civilian, noninstitutionalized) adult population, or not in the (civilla noninstitutionalized) adult population. Person...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are dissatisfied with their current jobs and are considering quitting. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They are full-time workers who would like to work only part-time. The following table contains U.S. employment...
7. Discouraged searchers and underemployed workers By keeping track of discouraged workers and underemployed workers, Statistics Canada gets a dearer picture of the true employment situation than if It looked at only the number of unemployed workers. Which of the following statements correctly describe discouraged searchers? Check all that apply. They would like to have jobs They are part-time workers who want to work full time They are not in the labour force They have not looked for work during...
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