Q: discuss the topic Consumer Price Index
A: Economists use different indexes to analyze the change in economic variables in the market.
Q: If aggregate hours worked grows more slowly than the number of people employed then a. people are…
A: Answer: If the aggregate hours worked grows more slowly than the number of people employed then the…
Q: Find the GNP deflator when the nominal GNP is 2550 and the real GNP is 3000!!!!
A: GNP deflator or gross national product deflator is a metric to analyse the effects of inflation on…
Q: The value of goods and services must be counted only once. To avoid double counting, only the value…
A: Gross domestic product(GDP) measures the money value of all final goods and services produced in an…
Q: Despite known problems in the method of calculating the unemployment rate, the approach is rarely…
A: Unemployed persons are those who are unemployed and actively seeking work. Unemployment is commonly…
Q: An analysis regarding the relationship between the unemployment rate and economic growth in a…
A: The relationship between the unemployment rate and economic growth in one of the most prominent…
Q: The term ______________ means unadjusted, gross, or current. The term __________ is used to refer to…
A: The term Nominal means unadjusted, gross, or current. The term real is used to refer to any…
Q: Frictional unemployment is found in developing countries Select one: a. False b. True
A: Frictional unemployment occurs due to changing from one job to another job. When the person give up…
Q: Despite known problems in the method of calculating the unemployment rate, the approach is rarely…
A: Unemployed persons are those who are unemployed and actively seeking for work. Unemployment is…
Q: What is the econometric equation of the "????" marked statistic line? Unemployment Unemolovment 7???…
A: * ANSWER :-
Q: Use the above data to answer the following questions. Total number of persons frictionally…
A: when people leave their old jobs but haven't yet found new ones or currently looking for jobs, are…
Q: The base amount in gradient series stars at the beginning of the second period. Select one: True…
A: In gradient series there is a constant increase / decrease in the cash flow.
Q: depression
A: The fluctuation in business cycle are from the expansion till it reaches peak and the depression…
Q: The rate of U.S. per capita sales of bottled water for the period 2000–2010 can be approximated by…
A: We are going to find the total number of bottles consumed from 2002 to 2010. We will integrate the…
Q: The seasonally adjusted data below depict the performance of the U.S. economy in four quarters of…
A: real gdp is calculated at base price level whereas nominal gdp is calculate dat current year price…
Q: Question 7: The following regressions are based on the CPI data for the United States for the period…
A: Stationary Stochastic processes are those process which have a constant mean and constant variance…
Q: 14. Country A has a GDP of $400,000, and country B has a GDP of $100,000. The standard of living in…
A: GDP is the value of all final goods and services in the economy in a given year produced within the…
Q: The GDP data collected for the current year for a number of countries are called _____. Select one:…
A: In cross-sectional data, there are several variables at the same point in time. Cross-sectional data…
Q: Explain about solution for unemployment in Malaysia during covid-19
A: COVID-19 has been a global health pandemic of historic proportions. World over, it has left a trail…
Q: The Global Machine Manufacturing Company, Q5. manufacturing Heavy Machines in the Sultanate of Oman.…
A: Disclaimer :- as you posted Multipart questions we are supposed to solve the first 3 questions only.…
Q: You are employed by the state bureau of economic development. There is a demand for a leading…
A: economic indicators are key details about the economy that can assist you with bettering and…
Q: Which government agency or private group manages the economic indicator data? How is the economic…
A: An economic indicator is basically a portion of economic data, often on a macroeconomic scale, that…
Q: This question refers to the information (below which assumes that the economy of Country A has the…
A: Unemployment rate=unemployed peopleLabor Force×100Labor Force=Unemployed People+Employed People…
Q: Teenage unemployment in Oman has risen in the past two decades. a. True b. False
A: Oman is a nation on the southeastern(SE) coast of the Arabian Peninsula, The economy of Oman relies…
Q: You are employed by the state bureau of economic development. There is a demand for a leading…
A: An economic indicator refers to a statistic about an economic activity. Economic indicators allow an…
Q: Although the virus has delayed the budget until October .... last week the secretary to the Treasury…
A: According to the article above, 900,000 people lost their jobs during the period (although…
Q: A researcher has a sample of 6 annual observations {94, 104, 102, 99, 111 and 107} for the CPI in…
A: The Consumer Price Index is a weighted average of expenses for a basket of goods and services, such…
Q: The Current Population Survey (CPS) is designed to measure the labor force status of the civilian…
A: The Current Population Survey is a monthly statistical survey co-sponsored by the United States…
Q: Find the current economic figures for hana between 2013-2020 related to below dicators at the end of…
A: Ghana is a country located in west of Africa. Thought country's overall score of economic condition…
Q: Construction data fudging kills reliability of official statistics Revelations about irregularities…
A: The answer is - c) Unrecorded activity
Q: The US Census Bureau tracks the median price for new hoe sales by month of the year. The median…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: If the base year is 2009, then the consumer price index is in 2011.
A: CPI basket consists of 4 hamburgers and 8 hot dogs. Value of basket in base year= 4 × $5 + 8 × $3…
Q: Describe briefly the unemployment of small and mid-size business owners in the Philippines due to…
A: The COVID-19, has fundamentally changed individuals' lives and business exercises at the public,…
Q: Which component of time series can be considered to be present due to the occurrence of business or…
A: A bunch of perceptions requested as for the progressive time frames is a time series. As such, the…
Q: Suppose the index of prices received by date farmers in Oman for 2008was 1.04 and the base year of…
A: The price index of the country shows the average price level in the economy. The value of price…
Q: In a sentence or two, evaluate the accuracy of the following statement, including a clear and…
A: In 2014, the U.S. inflation rate was 1.6%.
Q: This data is a files that was gathered for another purpose and already exists is said to be: a.…
A: In economics, various data is collected by the researchers and policymakers to analyze the past and…
Q: Define the term Volume Index?
A: An index is a statistical instrument that measures intertemporal changes between the data points of…
Q: Qualitative methods of forecasting include:a) sales force composite. b) jury of executive opinion.c)…
A: The methods of sales forecasting include qualitative and quantitative methods. Some of the…
Q: There are a number of measures of aggregate economic activity, such as GDP, GNP, national income,…
A: a) Disposable income refers to the gross personal income which is the income after deduction of…
Q: The period between a business cycle trough and the subsequent peak is called
A: The economy is the study of scarcity and limited resources. The choice is made in such a manner that…
Q: Q4. From the following data prepare a price index number with 1998 as the base year. Year 1998 1999…
A: Given: Year Price 1998 125 1999 150 2000 140 2001 160 2002 175
the basic data source to track the number of unemployed comes from a calculation of applications for new
true or false
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- The number of people classified as employed is 325,000 and the number of people in the labor force is 550,000. The total number of people classified as unemployed is: Group of answer choices 325,000. 225,000. 875,000. 125,000.an inflation rate that tends to be a leading indicator of future inflation rates is the a. GDP price index b. retail price index c. producer price index d. consumer price indexThe country’s GNP will contain the following except _______. a. Salaries of the expatriates living in the country b. Earnings of locally owned companies c. Rental income of houses owned by citizens d. Salaries of citizens of the country
- A low unemployment rate, between 2 and 7%, may be considered full employment. True or falseDescribe briefly the unemployment of small and mid-size business owners in the Philippines due to COVID-19 and discuss its conclusions.Using the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part -Time Workers 56 family workers who worked 15 hrs a week 234 Self Employed 6543 Discouraged Workers 67, 432 (ages 23-25) looking for work 67, 890 laid off receptionists looking for work 544, 321 (ages 16-20) looking for work Current population is 6,000,000 5454 Temp Workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized (c) suppose that 20,000of tghe employed switches to jobs in the underground economy. When interviewed by STATIN, 50% of these switchers report that they are not workingnand not seeking work, while the other 50% report that they are not working but seeking work. Explain what happens to the official unemployment rate and the "true" unnemployment rate. (d) Illustrate and carefully explain the impact of an increase in the…
- The 20018 Q2 unemployment rate in Africa was 4.0%. This represented 110,000 unemployed individuals. If the working-age population (adult, civilian, non-institutionalized) was 3,980,000, calculate the number of employed people.Demand gap equals 10%, it means that: Select one alternative: Potential GDP is 10% higher than aggregated demand GDP deflator equals 110 GDP is 10% higher than GNPIf aggregate hours worked grows more slowly than the number of people employed then a. people are working fewer hours on average. b. people are working more hours on average. c. there must be fewer part time workers. d. None of these is correct because aggregate hours cannot grow more slowly than the number of people employed.
- The GDP deflator is: also known as the wholesale price index. equal to 100 in the base year. the ratio of real GDP for year X divided by nominal GDP for year X times 100. a measure that tracks price changes for consumer goods..Your supervisor has requested that you calculate the following ratios, rounded to the nearest hundredth for both 2017 and 2016 2017 2016 Acid test Asset turnover Net Income (after tax) to the net salesCOMPARE THE GDP OF BARBADOS AND JAMAICA IN RELATION TO UNEMPLOYMENT RATES
