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Assume that a nation has a labor force of 100 people. In January, Amy, Barbara, Carine, and Denise are unemployed: in February, those four find jobs, but Evan, Francesco, George, and Horatio become unemployed. Suppose further that every month, the previous four who were unemployed find jobs and four different people become unemployed. Throughout the year, however, the same three people- Ito, Jack, and Kelley-continually remain unemployed because they lack sufficient skills to obtain jobs.
a. What is the nation's frictional unemployment rate?
b. What is its structural unemployment rate?
c. What is its unemployment rate?
If you buy the stock and plan to hold it for 3 years, Elucidate what payments will you receive. What is the present value of those payments? Compare your answer to (b).
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Bassett furniture made to close all manufacturing plants in North Carolina, USA and outsource their furniture production to manufacturing plants in China.
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The US cigarette industry has negotiated with Congress and government agencies to settle liability claims against it. Under the proposed settlement.
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