Homework Answers
Discouraged workers are not officially counted as unemployed and thus are not counted as part of labor force.
So, if there are 5 million unemployed workers and out of that 1 million becomes discouraged then, in that case, both the number of unemployed and labor force will decrease by 1 million.
When both number of unemployed and labor force decreases by same amount then official unemployment rate declines.
So,
As a result of this, the official unemployment rate would decline.
Hence, the correct answer is the option (2) [Decline].
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u over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 28 3 pts...
iz Instructions over the questions carefully. There are 30 questions and each question has a value...
iz Instructions over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 26 The unemployment rate that occurs during full employment (known as the natural rate of unemployment) is: The unemployment rate experienced by the least-skilled workers in the economy. The unemployment rate experienced by the most-skilled workers in the economy. The unemployment rate below which inflation will become a problem. The unemployment rate experienced at the depth of a depression. Previous
Hover the questions carefully. There are 30 questions and each question has a value of 3...
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Read over the questions carefully. There are 30 questions and each question has a value of...
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LIOIO d over the questions carefully. There are 30 questions and each question has a value...
LIOIO d over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 17 In 2009 gross investment was $1.9 trillion and depreciation was $2.6 trillion. How much was net investment? -$4.5 trillion e $0.70 trillion e $4.5 trillion -$0.70 trillion Previous
12 1130I uction13 over the questions carefully. There are 30 questions and each question has a...
12 1130I uction13 over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 12 Historically, in the United States and most developed countries, the largest proportion of Gross Domestic Product is accounted for by: Gross Investment Exports Govenrment Spending Consumption Previous
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor...
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...
iz Instructions over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 26 The unemployment rate that occurs during full employment (known as the natural rate of unemployment) is: The unemployment rate experienced by the least-skilled workers in the economy. The unemployment rate experienced by the most-skilled workers in the economy. The unemployment rate below which inflation will become a problem. The unemployment rate experienced at the depth of a depression. Previous
Hover the questions carefully. There are 30 questions and each question has a value of 3 points. Question 27 3 pts Assume Kayla is temporarily unemployed because she has voluntarily quit her job with company A and will begin a better job next week, with company B. Kayla is classified as: cyclically unemployed partially employed structurally unemployed frictionally unemployed - Previous Next → Quiz saved at 7:46am Submit Ouiz
12 II over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 6 What if Sam buys $7 worth of yarn to knit a sweater for her cat. By how much does GDP increase? $0 > $4 * Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 point Question 15 If depreciation exceeds gross investment, it can be concluded that: O gross investment is equal to net investment O net investment is negative nominal GDP is rising but real GDP is declining the economy is expanding Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 poir Question 13 Net exports is a negative figure when: O a nation's imports of goods and services exceed its exports a nation's exports of goods and services exceed its imports the economy's stock of capital goods is declining depreciation exceeds gross private domestic investment < Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 9 The difference between U.S. Gross Domestic Product and Gross National Product is: Foreign currency is counted in GDP but not in GNP Foreign investments in EU countries are counted in GDP but not GNP Foreign trade is counted in GDP but not in GNP Foreign-owned factories located in the U.S. are counted in GDP but not GNP Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. D Question 5 In the definition of GDP "final goods and services" means: Those goods no longer used to produce another product or service are counted Goods destined for final consumption in foreign countries are not counted Intermediate goods are not counted Only products certified and tested are counted as part of GDP Previous
LIOIO d over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 17 In 2009 gross investment was $1.9 trillion and depreciation was $2.6 trillion. How much was net investment? -$4.5 trillion e $0.70 trillion e $4.5 trillion -$0.70 trillion Previous
12 1130I uction13 over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 12 Historically, in the United States and most developed countries, the largest proportion of Gross Domestic Product is accounted for by: Gross Investment Exports Govenrment Spending Consumption Previous
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