Macroeconomics
13th Edition
ISBN: 9780134744452
Author: PARKIN, Michael
Publisher: Pearson,
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Question
Chapter 5, Problem 23APA
(a)
To determine
Determine the main type of
(b)
To determine
Determine how the retraining programs influence the natural unemployment rate.
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James has lost his job and has been unemployed so long that he no longer activly seeks employment. What category does James belong in?
discouraged worker
unemployed
employed
instututionalized
Discouraged workers who want jobs but have stopped looking for jobs are:
frictionally unemployed.unemployed due to structural unemployment.no longer in the labour force.helped by minimum-wage legislation.
1. Kelly spends most of her time taking care of her home and children, but she helps in her husband's computer software store 4 hours a day from Monday to Friday. Which category of employment status fits Kelly’s situation?
2. Ashton is 15 years old and helps out in his father’s grocery store 4 hours a day from Monday to Friday. Which category of employment status fits Ashton’s situation?
3. Justin is a full-time college student looking for a job. Which category of employment status fits Justin’s situation?
Chapter 5 Solutions
Macroeconomics
Ch. 5.1 - Prob. 1RQCh. 5.1 - Prob. 2RQCh. 5.1 - Prob. 3RQCh. 5.1 - Prob. 4RQCh. 5.1 - Prob. 5RQCh. 5.2 - Prob. 1RQCh. 5.2 - Prob. 2RQCh. 5.2 - Prob. 3RQCh. 5.2 - Prob. 4RQCh. 5.2 - Prob. 5RQ
Ch. 5.2 - Prob. 6RQCh. 5.2 - Prob. 7RQCh. 5.3 - Prob. 1RQCh. 5.3 - Prob. 2RQCh. 5.3 - Prob. 3RQCh. 5.3 - Prob. 4RQCh. 5.3 - Prob. 5RQCh. 5.3 - Prob. 6RQCh. 5 - Prob. 1SPACh. 5 - Prob. 2SPACh. 5 - Prob. 3SPACh. 5 - Prob. 4SPACh. 5 - Prob. 5SPACh. 5 - Prob. 6SPACh. 5 - Prob. 7SPACh. 5 - Prob. 8SPACh. 5 - Prob. 9SPACh. 5 - Prob. 10SPACh. 5 - Prob. 11SPACh. 5 - Prob. 12APACh. 5 - Prob. 13APACh. 5 - Prob. 14APACh. 5 - Prob. 15APACh. 5 - Prob. 16APACh. 5 - Prob. 17APACh. 5 - Prob. 18APACh. 5 - Prob. 19APACh. 5 - Prob. 20APACh. 5 - Prob. 21APACh. 5 - Prob. 22APACh. 5 - Prob. 23APACh. 5 - Prob. 24APACh. 5 - Prob. 25APACh. 5 - Prob. 26APACh. 5 - Prob. 27APACh. 5 - Prob. 28APACh. 5 - Prob. 29APA
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Similar questions
- Would you expect the natural rate of unemployment to remain the same within one country over the long run of several decades?arrow_forwardUnder what condition would a decrease in unemployment be bad for the economy?arrow_forwardIf many workers become discouraged from looking for jobs, explain how the number of jobs could decline but the unemployment rate could fall at the same time.arrow_forward
- Would you expect the natural rate of unemployment to be roughly the same in different countries?arrow_forwardAs the baby boom generation retires, the ratio of retirees to workers will increase noticeably. How will this affect the Social Security program? How will this affect the standard of living of the average American?arrow_forwardMany college students graduate from college before they have found a job. When graduates begin to look for a job, they are counted as what category of unemployed?arrow_forward
- If you work part-time when you would like to work full time, or have a full-time job that doesn’t utilize all your skills and talents, then you are counted as: Group of answer choices Underemployed Structurally unemployed Frictionally unemployed A discouraged workerarrow_forwardUnemployment rate ............. when more people .................... or ........................ A) declines / find jobs / enter the labor force B) declines / find jobs / take a vacation C) declines / find jobs / withdraw from the labor force D) increases / lose jobs / run out of unemployment insurance compenstation E) increases / lose jobs / enter the labor forcearrow_forwardWhat is being done to end unemployment in the U.S.arrow_forward
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