The unemployment rate that is typically reported in the media is O computed every three months O based on a survey from 150,000 business establishments on weekly earnings, number of workers and hours worked O reported by the Treasury Department O based on a survey of 60,000 households Onone of the above
Q: (a) Suppose that, in a liquidity trap, bank reserves are less liquid than government debt. If the…
A: DISCLAIMER “Since you have asked multiple questions, we will solve the first question for you. If…
Q: Suppose that the demand for toy drums is described by the equation Qp = 300 - 5p, and supply is Qs =…
A: Equilibrium condition is that condition where Demand is equal to supply. In this demand and supply…
Q: At which range th full employment supply curve.
A: We know The economies around the globe tend to operate upon the activities done by various entities.…
Q: Acme Semiconductor is expanding its facility and needs to add equipment. There are three process…
A: Particular Tool A Tool B Tool C Investment Cost 55000000 45000000 80000000 Annual Expenses…
Q: are savings and spending on imports included in aggregate expenditure
A: Aggregate expenditure is used to assess and evaluate a country's overall economic activity or total…
Q: Which of the following is a main route by which developing countries have sought to obtain the…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
Q: 13. The equilibrium price of coffee in an economy, measured in dollars, is about $2,000 per ton. To…
A: The law of demand says that if everything remains constant except the price then the demand and…
Q: Suppose a monopolist M sells two products, X and Y. • Demand for X is qX = 1000 − pX − 1/2pY •…
A: Information given in question states:- Demand for X is qX = 1000 − pX − 1/2pY Demand for Y is qY =…
Q: In a business cycle, a period from peak to trough may be referred to as an expansion a contraction a…
A: The business cycle is a phenomenon which explains the trend of the output in the economy. As per the…
Q: Find the consumer surplus at the equilibrium 13) D(x)= 5 – 3x; x = 1 A $1.50 B) $6
A: Information given is:- D(X) = 5-3x , X=1
Q: 53) Which of the following statements about the ripple effects of monetary policy is FALSE? Monetary…
A: Monetary policy is a bunch of activities to control a country's general cash supply and accomplish…
Q: With the news that the construction industry is on the rise again in the U.S., the major car…
A: The answer to the question is as follows:
Q: 18. Which of the following statements is TRUE? A) Under a gold standard, each country fixes the…
A: Exchange rate refers to the rate at which nation's currency are traded. And there are various types…
Q: Question 5 Consider a corn farmer with one acre of land. In addition to land, other factors include…
A: The Marginal product refers to the change in the total product when additional unit of variable…
Q: What are the main reasons/statistics that have encouraged the government to look at student debt…
A: The default rate is rising, and many graduates are struggling to repay their loans. Graduate…
Q: For each of the following situations, i) Find the Marginal Rate of Substitution at the given bundle,…
A: As given the U(x, y) = 2X +3Y, Marginal rate of substitution is the slope of indifference curve also…
Q: 28 24 20 16 12 8 4 S1 S2
A: The shift in the demand curve occurs due to the factors other than the price. The change in price…
Q: Which economic model reveals the variety of options for what to do with your scarce time? Supply…
A: We will answer this question by considering the definition of various answer options
Q: 18. Suppose your city is building a new park, and issues bonds to raise the money to build it. You…
A: Simple interest is used for calculating the charged interest on the loan.
Q: We talked about many reasons why agriculture is so important. Explain why it is so important, and…
A: Agriculture is both the science and art of growing plants and animals for the purpose of providing…
Q: After you show that you're in an approved apprentice training program, you can receive up to _______…
A: There are different licensing requirements for an electrician an apprentice, journeyman or master…
Q: Home has 1,200 units of labor available. It can produce two goods, apples and bananas. The unit…
A: If relative prices were in equilibrium, the ratio would be 1.5, meaning that apples would cost 1.5…
Q: How you will convert your money into specific crypto?
A: There are a few different ways to convert your money into cryptocurrency. You can use an online…
Q: 10. All of the following are part of M1 money except? A. Currency B. Demand deposits C. Other…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: 28 24 20 16 12 8 4 0 P 0 4 8 12 16 20 S1 04. The minimum that suppliers will accept for the 12-th…
A: supply bend, in economics matters, realistic portrayal of the connection between item cost and…
Q: Which of the following statements is not correct? Select one: O a. A gasoline tax is an imperfect…
A: The externalities could be positive or negative. Negative externalities are caused the external cost…
Q: What advantage does economics have over the other social sciences that study human behavior? What…
A: Economics The allocation of scarce resources by individuals and organizations for production,…
Q: Which of the following is a good or service counted in GDP? Group of answer choices Tires Ford…
A: The entire value of the commodities and services that a country generates over the course of a year…
Q: show if completness imply transtive, and transitive imply completness prove
A: Completeness does not imply transitivity. Transitivity does not imply completeness. Explanation:…
Q: GDP is not a perfect measure of social welfare and the society's economic well-being because…
A: GDP is the production of goods and services during financial year. Rise GDP does not mean that…
Q: Explain how productivity, demand, and availability/supply affect the values attached to money…
A: The measure that depicts relationship between quantity of goods or services that are being demanded…
Q: The slope is constant at all points on a straight line in a graph. A. True B. False Next question…
A: 1. Slope of a line is describes the steepness of a line using the changes in x and y directions.…
Q: 3. Demand is the quantity of certain commodity that is bought at a certain price at a given place…
A: Demand is just a consumer's desire to purchase goods and services right away and to fork over the…
Q: Suppose that Laura goes on vacation for a week. She leaves Baxter with her brother, Mike, and gives…
A: Budget line is important concept in the utility maximization. It shows the different combination of…
Q: Whould you please correct the below Economic understanding: When ATC is decreasing MC means…
A: (a) When ATC is decreasing, MC < ATC, which means that the company is making a profit because…
Q: Will the rise of AV technologies create some jobs? What are possible AV-related new jobs?
A: Yes, the rise of AV technologies is likely to create new jobs in a variety of industries. For…
Q: Individuals or companies whose needs are far ahead of market trends are referred to as high…
A: Solution: Option-c will be correct i.e. Lead users Explanation: Option-c will be correct. Being far…
Q: Cost-benefit analysis is important to determine the role of government in our economy because
A: Cost-Benefit Analysis is defined as a process which is used to measure the benefits of a decision…
Q: Barriers to entry exist for perfectly competitive firms. restrict the entry of new firms into the…
A: Trade barriers are one of the most important factor which differentiates perfect competition and…
Q: The figure at right shows a graph of the market for puzzas in a large town What characterizes the…
A: Demand refers to the quantity that a consumer wishes to buy at a given price in a given period of…
Q: It takes one hour to travel from Manila to Laoag by air, but it takes 10 hours by bus. Airfare costs…
A: Opportunity cost is the cost in terms of other goods for eg: here time. We can go either by bus or…
Q: Refer to Table 6.2. Assume that this economy produces only two goods Good X and Good Y. If year 1 is…
A: In an economy real GDP measures the value of the items and services produced in a defined time frame…
Q: The university states that emergency medical technicians ne be at all games to tend to medical…
A: Introduction: The elasticity of demand depends on the availability of substitutes. For instance, if…
Q: Write a paper using the following headlines: Describe what panel data is and the reasons for using…
A:
Q: Why do presidents typically reappoint Chairs of the Federal Reserve Board even when they were…
A: The country's central banking system, which is in charge of monetary policy by controlling the…
Q: Explain how the “Positive (Analytical) Economics" apply to Settlers of Catan. Note: this could be…
A: Positive economics is the study of how the economy works and how people make decisions. It is based…
Q: where did 11 come from?
A: The formula we use for calculating the amount if the principal is compounded at an interest rate r…
Q: and
A: With the increase in world price of wheat, the total revenue of exporting country will increase,…
Q: Refer to Table 13-9. What is variable cost when output equals 30 units? Select one: O a. $90.00 O b.…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: The structural unemployment rate is 4 percent, the natural unemployment rate is 5 percent, and the…
A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…
Step by step
Solved in 3 steps
- Not all groups in our society experience equal opportunity to work. The purpose of this discussion board is to allow you to research and explain the causes of disparity between current total U.S. unemployment and the unemployment rate for a demographic of your choice. Do not just list unemployment rates. Explain what causes the rates for the demographic of your choice to be different from the National average. Visit the Bureau of Labor Statistics website. What is the current national unemployment rate? Find the unemployment rate for the demographic group that best fits a description of you (for example, based on age, sex, and race) or choose a demographic group of interest. Is the rate for that demographic higher or lower than the national average? What are some reasons for the differences? Do some research in support of what you present. What factors contribute to the differences? Covid-19 caveat: The Pandemic did not necessarily impact all demographics in the same way.“The unemployment rate dropped to 6.6 per cent in January 2022, which is lower than the pre-pandemiclevels of 7.2 per cent in January 2020. However, the reason behind the dip in unemployment is not theaddition of jobs — rather, it was caused by the decline in the number of people looking for jobs. The numberof unemployed people fell by [6 600 000] in January 2022, as they stopped looking for jobs. Consequently,they were no longer counted as unemployed.”Source: https://www.indiatoday.in/diu/story/unemployment-rate-down-jobs-creation-job-seekers-1915703-2022-02-21Accessed: 21/02/22 1. The unemployment figure presented here is the… a) Seasonal unemployment.b) Narrow definition.c) Expanded definition.d) Real unemployment. 2. Demand-pull inflation can occur when…a) There is a shortage of investment and investors bid up interest rates.b) Inventories shrink and consumers bid up prices.c) There is a surplus of resources and so wages are bid up by employers.d) Undesired investment occurs. 3.…Que 34: Give an account of the major types of unemployment witnessed in India. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Examine the unemployment rate of Trinidad and Jamaica and discuss how they have changed over the 20- year period of 2000 to 2019 (iii) research and discuss factors that could account for the difference(s) observed in the unemployment rate between the two countries. Factors should be supported using either quantitative evidence and/or real-world examples obtained from the assigned countries.Construct a set of contingency questions for usein a self-administered questionnaire that wouldsolicit the following information:a. Is the respondent employed?b. If unemployed, is the respondent lookingfor work?c. If the unemployed respondent is not looking for work, is he or she retired, a student,or a homemaker?A country has a labor force of 1,000,000 and 50,000 of discouraged workers. The unemployment rate is 10%. If the number of discouraged workers increases to 100,000, then the new unemployment rate is
- Adult Population (civilian, non-institutionalized) 14,000 Employed 10,000 Unemployed 2,100 Not in Labor Force 1,900 The labor force participation rate is about: Group of answer choices 86.4% 13.6% 66.6% none of these is even closeThe unemployment rate statistic published by the Bureau of Labor Statistics may underestimate the magnitude of the unemployment problem in the economy because a) all part-time workers are counted as "employed" even though some would prefer to work full-time (i.e. are underemployed). b) some workers are working in jobs for which they are overqualified (also underemployed). c) "discouraged workers," who are no longer looking for work, are not counted in the labor force. d) all of the above.Whose unemployment rates are commonly higher in the U.S. economy: whites, nonwhites, young, middle aged, college graduates, or high school graduates? Group of answer choices high school graduates young middle aged
- In the middle of each month, the statistical office of Urbanville takes a sample survey of 2,000 people over the age of 16, to determine their labor force status in the previous week. Each respondent is allocated to one of these categories: a) Worked full-time for wages or salary b) Worked part-time for wages or salary c) Self-employed d) Did not work for pay, but looked for work e) Did not work; did not look for work because she thought jobs were not available f) Did not work for pay because she did not want to The results for the second half of 2010 were July August September a) 901 885 868 b) 150 160 170 c) 200 198 196 d) 72 78 85 e) 32 35 38 f) 645 644 642 For each month, calculate and fill in the table below.…multiple choice In a country with population of 50 million people, there are 20 million children under age of 15, 16 million employed, 9 million pensioners,4 million unemployed and 1 million people who are physically unable to work. The unemployment rate in the country equals: a) 10% b) 13.3% c)20% d)25%Mark graduated from college as an accountant. He currently works at Starbucks. Which of the following statements is true? Question 40 options: a) Mark is underemployed and counted as unemployed b) Mark is a discouraged worker and counted as employed c) Mark is underemployed and counted as employed d) Mark is a discouraged worker and counted as employed