Explain two ways in which a recession might raise the natural rate of unemployment (Macroeconomics field of question)

Why would neoclassical economists think that the government doesn't need to take many steps to combat unemployment? Whether you concur or disagree Explain.

Discuss two methods that can be used to determine the full-employment rate of unemployment and what they suggest for the relationship between inflation and unemployment.

A major demographic change that has been affecting the U.S. is the wave of retirements among aging baby boomers (those born between 1946 and 1964). Combined with the relative decline in the number of young people entering the labor force, the retirement of many boomers will cause the labor force to grow more slowly and age.  Use the AD-AS model (along with a labor market graph) to show and explain how this will affect Y, N, W/P, and P over time.

Using the AS AD diagram, starting a bit away from full employment assess the economy when wages increase, and stock market values decrease.

Assuming the economy is currently in an expansion, which phase will follow? Then place the remaining phases of the business cycle in order = Peak = Expansion = Contraction = Trough

Do you believe that the Hayek’s classical AD-AS model explain the factors that cause changes (shifts) in AS realistically? Why or why not?

According to neoclassical theory of the labour market the intersection of supply and demand for labour determine the nominal wage in equilibrium. True or False

Consider the following dialog between Amy, an economics student who currently studies macroeconomics, and Deborah, her teaching assistant.AMY: Hi Deborah, I'm working on my Aplia homework and realized that I do not understand the definition of the labor force very well. Does it include discouraged workers? DEBORAH: Hi Amy, the conventional definition of the labor force excludes discouraged workers. This is because they gave up looking for jobs . Also, be sure not to mistake discouraged workers for part-time workers. The key difference is that the latter cannot find suitable full-time jobs .   AMY: I think I understand it now, thank you.   DEBORAH: Let me ask you a question to see if you can apply your knowledge. Consider an economy with 20 full-time workers, 16 part-time workers, 10 workers who have been laid off but are actively looking for a new job, and 3 formerly full-time workers who have been without a job for over a year, failed to find any, and gave up looking. Can you…

Explain why economic fluctuations happen according to Keynesians. Why do expansions happen, and recessions?