If some employed workers exit the labor force, the unemployment rate will be ______

Q: The natural level of employment (N) will increase when a. an increase in the markup of prices over…

A: Option D All of the above.  It is the unemployment rate which occurs from economic forces.  A rise…

Q: When the following events happen, does the unemployment rate rise (R), fall (F), or stay the same…

A: Since number of unemployment people increase, unemployment rate increases (R).

Q: n a country with a population of 100 million people there are 20 million children under the age of…

A: Unemployment is a major problem that countries have to deal with, however in order to frame the…

Q: Zeke is unemployed but has recently finished his degree in biochemistry and is applying for open…

A: Unemployment refers to a situation where the people looking for adequate unemployment are not able…

Q: Suppose that the natural rate of unemployment is 5.7 percent. If unemployment has for some time been…

A: It is known that Natural unemployment rate is 5.7%. The actual unemployment lies between the range…

Q: Are the following workers more likely to experience short-term or long-term unemployment? Explain.…

A: a) This scenario will be considered as short-term unemployment as the stone mason has lost his job…

Q: People who report being unemployed but who, in fact, are not trying to find a job are really not in…

A:

Q: In this country, million people are unemployed, and the unemployment rate is %. (Round your…

A: Unemployment ; The number of people unemployed in this case is calculated as follows; Unemployment =…

Q: Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the…

A: The unemployment rate is defined as the percentage of the workforce that is unemployed. It's a…

Q: For each of the following events, choose whether the unemployment rate increases, decreases, stays…

A: (a). The correct option is the unemployment rate stays the same. This is because individuals that…

Q: Suppose a number of workers decide to quit their jobs and enter retirement. Assuming this is the…

A: Answer: (1). Increase (2). Decrease Explanation: If some number of people quit their jobs and enter…

Q: of the following people are counted as unemployed?—could be more than one.       A) a person out of…

A: Unemployment occurs when a person who is actively searching for employment is unable to find work.…

Q: In an economy, if 5 percent of the employed lose their job every month (s = 0.05) and 15 percent of…

A: Steady-state rate of unemployment is sometimes known as the natural rate(NR) of unemployment. The…

Q: If there are 160,000 adults in the population of Hugo and 140,000 are working, what are the labor…

A: Labor force is the sum of people who are employed and unemployed.

Q: The unemployment rate is the percentage of the labor force that is unemployed, so is calculated as…

A: A person who is unemployed, of working age (defined as 16 or older), able and available to work, and…

Q: In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time…

A: The unemployment is the situation when people who are willing and able to work but they are not able…

Q: In early 2020, the US labor-force was approximately 164.5M workers. By April 2020, the official…

A: The unemployment rate is the number of people who are currently unemployed. It is a reactive result,…

Q: If the labor force increases, but the number of people unemployed stays the same, what happens to…

A: Labor Force = Number of Employed + Number of Unemployed Unemployment rate = number of…

Q: If the number of people classified as unemployed is 20,000 and the number of people classified as…

A: Here we calculate the unemployment rate by using the given information and choose the correct…

Q: In a recession O cyclical unemployment rises O frictional unemployment rises O real GDP may rise

A: Option A Recession is a phase of the business cycle during which there is a decline in economic…

Q: is the percentage of the working-age population who are working full-time or are working part-time -…

A: Z Pop ratio is percentage of working  age population  who are employed or under employed.

Q: ers u

A: Unemployment is when people who want to work are unable to find jobs.

Q: f the number of people in the labor force is 170 million and 155 million people are employed, then…

A: labor force = employed + unemployed thus unemployed= 170-155 mn = 15 million

Q: Which of the following people would be considered frictionally unemployed? a The President of the…

A: Cyclical unemployment defines unemployment matched by the recent trends in the business or industry…

Q: Is it ever possible to have zero unemployment in an economy? Why or why not? Explain in details

A: Economic growth and unemployment are the two most important economic variables. All the policies and…

Q: Jimmy just graduated from a top medical school and is currently deciding which  hospital emergency…

A: Unemployment refers to the state in which a person does not have any job even though he is actively…

Q: Consider a country with 300 million residents, a labor force of 150 million, and 10 million…

A: We have a total population of 300 million in which 150 million are in the labor force in which 140…

Q: Economists use labor-market data to evaluate how well an economy is using its most valuable…

A: The concept that depicts individuals who are in turn employable and also seeking a job actively but…

Q: Suppose the town of Boone has a total population of 50,000 people. Of those, 45,000 people are…

A: Total Population = 50000 peopleEmployed = 45000 peopleStudents = 1000 peopleTherefore, people who…

Q: If the labor force of 160 million people is growing by 1.2 percent this year, how many new jobs have…

A: Unemployment: It is the situation when people have the ability and willingness to work but do not…

Q: Calculate the natural level of employment if the labor force is 150 million and the natural rate of…

A: At natural rate of unemployment, the economy operates at full employment, where there exists…

Q: Identify the point or points for which the following is true: The economy is exhibiting inefficient…

A: PPC is a graphical model that represents all of the different combinations of two goods that can be…

Q: ssume the following for the town of Boone: The town has a total population of 60,000 people, of…

A: Labor force= employed+ unemployed

Q: Full employment means which of the following is zero: O frictional unemployment O cyclical…

A: Full employment is a economic situation when whosoever is willing to work are employed. Which shows…

Q: Explain the types of unemployment

A: Unemployment refers to the phenomenon where the people who are skilled and actively seeking for work…

Q: A radio commentator stated that with 10% unemployment rate, 11 million people out of the total…

A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…

Q: Frictional unemployment is the Frictional unemployment is the a) unemployment that results when…

A: We have to find Frictional unemployment .

Q: Explain whether each of the following events increases,decreases, or has no effect on the…

A: The unemployment rate is the number of unemployed people in the country being divided by the total…

Q: Differentiate between the unemployment rate and the natural unemployment rate as the economy…

A: Unemployment: Unemployment in an economic state where an individual who is willing and able to work…

Q: When an economy experiences semihidden unemployment,

A: OPTIONS OTHER THEN B WRONG BECAUSE Semihidden unemployment happens when individuals are not included…

Q: A person who has been field is not considered unemployed? True or False

A: When an individual does not work full-time or takes a job that does not match their actual training…

Q: Describe how a rise in the wage rate might cause unemployment

A: People who are unemployed are those who are qualified to work but are unable to find job despite…

Q: Sarah is looking for work as a computer programmer. Although har prospects are good, she hasn't yet…

A: Unemployment can be defined as an economic condition when the supply of labour is more than the…

Q: If the labor force of 165 million people is growing by 1.6% this year, how many new jobs have to be…

A: Given: Labor force=165 million Growth this year=1.6%