Answered: How can an increase in discouraged…

Business

Economics

How can an increase in discouraged workers influences the official unemployment rate and U-4.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment

Section: Chapter Questions

Problem 2WNG

See similar textbooks

Related questions

Q: Assume a market of a specific good. The demand and supply equation is as shown below: Po = 70 - 300 ...

A: Given Pd = 70 – 3q Ps = 5 + 2q Equilibrium where D = S 70-3q = 5 + 2q 65 = 5q Q = 13 Price = 70 – 3q...

Q: The Market for Good X is perfectly competitive, with market supply and own-price demand curves given...

A: a. The equilibrium price and quantity is calculated by setting the demand and supply equal. -25000+3...

Q: YAS 742 + 15P – 28Poil YAD = 478 – 45P+ 18G Suppose initially, the Poil = $93 per barrel and governm...

A: Answer- "Thank you for submitting the question .But, we are authorized to solve only 3 sub parts.For...

Q: For questions 4-6: A firm has weekly revenue of $900. The firm's total cost is $1250 per week. The f...

A: Given; Profit= $900 TC=$1250 a) TC= FC+VC Therefore; FC+VC= $1250 Firm will shut down when TR>VC ...

Q: 100 95 93 86 im found the data above with a very popular breakfast that they sell. tal revenue with ...

A: Given Price and Quantity demanded Total revenue = Price * Quantity Price elasticity of demand = %a...

Q: Finally assume that the countries, after much deliberation, decided to trade 25 beets for 100 bushel...

A: From the previous parts, we know the PPF of Albania: C=600-2B PPF of Belize: C=300-5B Production in...

Q: New line D Quantity Suppose that the production of paper results in waste material being dumped into...

A: Externality refers to spill-over effect of production or consumption of the good on the third party ...

Q: In the figure below, SS is the original supply curve of a firm. If an ad valorem subsidy is granted ...

A: Ad valorem subsidy is expressed as a fixed percentage of the value of the quantity. It is different ...

Q: One leading theory about why the poor are in worse health than the rich is that the rich enjoy a gre...

A: Allostatic load refers to the wear and tear of the body.

Q: In the 1920s, employers embraced the American Plan because A) it promoted the creation of a workplac...

A: To govern the workplace, enhance production, and avoid unionisation, the American Plan integrated te...

Q: answer MNO the answer to L is: Price floor set by the government = 1046.25*1.2=P 1255.5. Quantity...

A: Demand curve refers to the inverse relationship between two components namely price and quantity dem...

Q: Watch on OYouTube Questions: Suppose that a new technology is invented that dramatically increases t...

A: A demand curve shows the connection between amount demanded and cost in a given market on a chart. T...

Q: and the equation for the demand curve is: Qd = 50,000 – 2,000P. It turns out that the equilibrium p...

A: Supply function Qs = 1000P - 10000 Demand function Qd = 50000 - 2000P For equilibrium in the market ...

Q: Which of the following statements are true? Instruction: you may choose more than one option. O. T...

A: Microeconomics is the study of how people, families, and businesses make decisions and allocate reso...

Q: In the market for lattes, researchers have estimated the following demand and supply curves, Demand:...

Q: Explain briefly the three basic questions that every country must ask themselves about their economi...

A: Quantity of enterprise depends on certain factors which results into its success. It would increase ...

Q: Explain how each of the following factors can cause demand to shift either to the left or to the rig...

A: The quantity of an item that consumers are willing and able to consume at various prices over a set ...

Q: Suppose a monopolists cost and revenue information is given by p = 20 – 0.002q TR(q) = 20q – 0.002q?...

Q: In the following situation, indicate whether the physician's discriminatory action is taste-based or...

A: The cost of pharmaceuticals is rising at an alarming rate. Variation in physician practise has a sig...

Q: 2. Sadiq thinks he can sell Rs.4,200,000 worth of hardware in a year. What would his accountant cons...

A: the opportunity cost of a particular activity option is the loss of value or benefit that would be i...

Q: Problem 1 Consider the market for the rent of 1-bedroom apartments in Blandy-town. Quantity supplied...

A: Demand refers to the consumers or customers willingness to pay for different levels of quantity of a...

Q: The market demand and supply equations for theme park in a city are given by P=30–0.005QD andP=10+0....

A: CS = area above the equilibrium price and below the demand curve PS = area above the price and below...

Q: Question 11 In March 2016, the U.S. nonbank public held $1.3 trillion in currency. The checkable dep...

A: There information about the monetary base of the United States in March 2016 is given.

Q: Labor Input to Produce Chairs and Tables Spain 1 Morocco 3 Chair Table 10 5

A: TRUE It can be concluded from the given schedule that Spain has a comparative advantage in the produ...

Q: Using the graph of a production possibilities frontier (PPF) below, please answer the questions that...

A: The production possibility frontier (PPF) is a business analysis curve that represents the conceivab...

Q: Suppose the equilibrium price for good quality used cars is $20,000. And the equilibrium price for p...

A: If the seller sells a bad quality car then the net gain is equal to the price received for bad quali...

Q: In a competitive market, the price of a product A. is determined by buyers, and the quantity of the ...

A: Competitive markets are present in free market economies. Here, forces of demand and supply are allo...

Q: Based on your understanding of Economic Value per Lead, explain which of the below mentioned channel...

A: Profit is the difference between total revenue and total cost. Total revenue is the revenue that is ...

Q: We can describe inputs as either fixed or variable. Thinking about a company that assembles cars, wh...

A: In the production process, some of the resources are considered as fixed while others are variable r...

Q: If the fixed cost of production is $100, then output will be 9 units (enter your response using an i...

A: Difference between total revenue and total cost is the profit of a firm.

Q: Suppose the short-run production function is q = L?. If the marginal cost of producing the ninth uni...

A: The term "cost of production" refers to all the costs that are involved when a company offers a serv...

Q: Yield (wheat) B A Fertilizer 25. What is the curve labeled B (in the figure from q24) and what does ...

A: Production possibility curve: It will help to decide what amount of quantity of goods to be produced...

Q: What do we mean when we say individuals are both products and producers of society.

A: A producer is defined as an individual who creates and supplies the goods and services in the market...

Q: Aempyme % Unemployment) Which type of unemployment is non-esistent? O Struckural Uemployment O Frcti...

A: To find : Which is not type of unemployment

Q: suppose two firms compete as Cournot Oligopolists. The profit functions of these two firms are T = (...

A: Best Response Function of firm1 : q1 = 65 - 0.5q2 Best Response Function of firm 2 : q2 = 65 - 0...

Q: Discuss how useful the price mechanism is in tackling the basic economic problem? Must use various e...

A: Price mechanism basically refers to an mechanism in which the demand and supply are basically respon...

Q: Mention and explain what each of the types of supply , for the analysis of the supply.

A: Supply Supply refers to a producer's willingness and capacity to generate goods and services and the...

Q: Select Correct and explain Why Social security payments have been adjusted for inflation annually s...

A: Social security scheme: - social security scheme is the policy provided by the government to provide...

Q: Write out the equation for output growth with capital, labor and total factor productivity as deter...

A: Growth rate of GDP is determined by the factor productivity, capital and labor. The changes in the t...

Q: A company has the option of building a warehouse now or building in three years from now. The cost n...

A: Given: The cost of the building now is = $400,000 The cost 3 years from now will be = $500,000 The r...

Q: A certain company has an annual fixed cost of $200,000 and the variable costs are $280,000 at 70% ca...

A: Fixed Costs= $200,000 Variable Costs= $280,000 Savings= $560,000 Selling Price Per Unit= $80 Number ...

Q: Why should decision makers set MB equal to MC?

A: The marginal benefit of an action is that the extra benefit associated with a 1 unit increase within...

Q: Show what happens to the production possibilities frontier (PPF) if an epidemic reduces the populati...

A: Production possibilities frontier shows different combinations of two goods that can be produced wit...

Q: 6. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not ne...

A: The gross domestic product (GDP) is a measure of a country's economic output. Countries with higher ...

Q: If house holds decide to save a larger portion of thier income, what effect would this have on the o...

A: The recompense that a factor of production receives for his services is referred to as income. Rent,...

Q: 6. What is securitization and what is its impact on the banking industry?

A: Securitization is a process in which a compañy such as a bank or financial institution collects and ...

Q: Hints: -500 dp dQ The general linear demand for good X is estimated to be -1.5 Q = 250000 – 500p – 1...

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for yo...

Q: The diagram below represents the market for education. Assume that education provides several extern...

A: Positive externality is the external benefit society gets by the production or consumption of the go...

Q: What are some differences between the internalization of external effects by coasean bargaining and ...

A: Coase bargaining: In this case when one individual is causing an external effect on another individu...

Q: engine. Process A will have a first cost of P750,000, an operating cost of P60,000 per year, and a s...

A: ANSWER for ALTERNATIVE A: ____ ANSWER for ALTERNATIVE B: ____ Calculation given below,

Question

How can an increase in discouraged workers influences the official unemployment rate and U-4.

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

What is a discouraged worker? How can an increase in discouraged workers influences the official unemployment rate and U-4.
If the labor force of 165 million people is growing by 1.6% this year, how many new jobs have to be created each month to keep unemployment from increasing?
Which measure of unemployment attempts to include discouraged and underemployed workers? How much higher is this measure than the U-3 measure?
Discuss how to control or reduce the Inflation and Unemployment.
The official unemployment rate excludes −−−−, and this causes the official unemployment rate to −−−− the amount of unemployment in the economy. qonly need in hypon format
What are the possible effects of a high unemployment rate on a country's economy?
Economists believe that the United States is experiencing full employment when the unemployment rate is: A. 0% B. 7-8% C. 5-6% C.
The actual unemployment rate exceeds the natural rate of unemployment. What are policymakers concerned about in this situation?
If the government wants to reduce unemployment by influencing the level of activity in the economy, government spending could be ________ and/or taxes could be ________. A) decreased, decreased B) decreased, increased C) increased, increased D) increased, decreased
What is a discourage worker? How might the exclusion of the discouraged workers underestimate the true unemployment rate?
How does the presence of a discouraged worker affect the unemployment rate?
Name several forms of indexing in the private and the public sector? Identify several parties likely to be helped and hurt by inflation?