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In an economy there exist different types of unemployment.
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- Let's say the cost of industrial raw materials goes up. Which indices are likely to go up? (select all that apply) Group of answer choices PPI ECI PCE core CPI CPIThe rise in unemployment that occurs because of a recessionis known as cyclical unemployment, because it is closely tied to the ______________. a)labor supply b)natural rate ofunemployment c)supply curve d)business cycle45 percent of the labor force in Armenia is involved in the agricultural sector, but the economic growth in the nation comes from industry and tourism. What type of unemployment would such a mismatch of ability and job requirements cause? a. Predictable b. Frictional c. Structural d. Mechanical e. Operational
- An auto company decided to relocate its offices from Huntsville, Alabama to Orlando, Florida. The human resources manager of the auto company refuses to relocate to Orlando due to family obligations. While she is searching for a new job, the manager will be considered: Group of answer choices Cyclically unemployed Frictionally unemployed Structurally unemployed Not fit for consideration for any human resource jobin the pc/classical macro labor market, why issupply of labor upward sloping? what is the story behind more individuals work if they are paid a higher W? Please answer correct explain plz Don't answer by pen peparExplain seasonal, cyclical, technical, frictional, structural, disguised, and under employment in simple words, and give some examples
- Question 4 Workers and employers in economy expected 3% inflation rate for 2015 but actual inflation turns out to be 5%. Kylie, a casual worker with no labour contract, has remained unaffected while Susie, a fixed term employee, has become worse-off. Answerthis question is for macroeconoomics but on bartleby it just show economics. If in Canada the working-age population is 38 million, 18.5 million are employed, 1.5 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. Calculate the involuntary part -time rate, employment rate and participation rate (for each calculation, show the formula and your work).The labor force consists of: a)all adults who areable to work. b)all adults who areworking, plus those not working. c)discouraged workers, employed workers, plus those activelyseeking work. d)all adults who areworking or actively seeking work.
- 1. Write a sentence or two defining the following terms in your own words. Give examples of each. d. Cyclical e. Demand Curve f. Discouraged WorkersSuppose gold and platinum miners announce their decision to permanently close their mines in the next few months. This suggests that the number of people who are_________ unemployed will _______. A. structurally; increase B. seasonally; increase C. cyclically; decrease D. frictionally; increase Reset Selection Mark for Review What's This?Suppose some country had an adult population of about 50 million, a labor-force participation rate of 65 percent, and an unemployment rate of 5 percent. How many people were employed? a. 1.5 million b. 28.5 million c. 30.9 million d. 47.5 million