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Discouraged Workers and the Economy
A "discouraged worker" is an individual without a job who has a desire to work; however, the worker has not actively searched for a job within the last six months, because the worker believes that there are no jobs available. Such a worker is not included in the official unemployment count.
Consider a scenario where discouraged workers are now included in the official unemployment rate during a recessionary period in the economy. Which of the three types of unemployment-frictional, structural, or cyclical-do you believe that these unemployed workers would most closely qualify for? How about during a period of economic expansion? Explain your answers and include examples.
Next, discuss and explain how including discouraged workers in the official unemployment rate would affect both the federal deficit and the national debt. Include examples to support your conclusions.
When the economy makes the transition from its short-run equilibrium to its long-run equilibrium, what will happen to the price level. How will this change in the price level affect the demand for money and the equilibrium interest rate.
Computer the amount of manufacturing overhead incurred for the month. Suppose all costs are actual. Using actual costing, compute the cost of one unit.
Explain how can rational thinking the above behaviors. How do your thoughts impact, if at all, your opinion of the theory.
c) Summarize your findings in a short paragraph d) Test the null hypothesis that there is no association between gender and lying to teachers. Give the test statistic, the P-value and summarize your conclusion. Be sure to include numerical and gra..
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suppose natasha currently makes 50000 per year working as a manager at a cable tv company. in one she will quit her job
Would consumers benefit more from a tariff or a quota on imports? Provide one (1) supporting fact to support your response.
Explain why does the US steel industry want a tariff on imported steel. Show the US steel market with and without a tariff, showing graphically why they will like a tariff.
John and Mary are divorcing. John is demanding that Mary pay him $75,000 of alimony in the first year after the divorce, $50,000 in the second year, and $25,000 in the third and all subsequent years until he dies or remarries. What
In an article appearing on July 4th 2004, the aegency cites Mexico's concern about the production of oil by the OPEC carte. Assume the current daily demand for OPEC oil is given by the following equation P=50-0.001Q where P is the price per barrel
Using summation notation, write an expression for the Net Present Value expressed in real dollars, assuming the cost of medical care will rise 3 percent faster than other prices. Using summation notation, write an expression for the Net Present V..
Do these firms have an incentive to reduce their pollution? Explain with diagram. d. Modern economists suggest 2 solutions to the pollution problem above. Explain how a pollution tax (use diagram) and an emission permit trading scheme can both "so..
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