Imagine the number of unemployed

Assignment Help Business Economics
Reference no: EM13982104

Imagine the number of unemployed is 6,135 and the number of employed is 27,433. Then, 3,225 people that were considered unemployed become discouraged and stop looking for a job. What would be the change in the unemployment rate as a resul of this? (input your answer in percentage points. For example if the unemployment rate changes from 7.3% to 5.3% then input your answer as -2% and if it changes from 4% to 5% the enter you answer as 1%.) Step by Step

Reference no: EM13982104

Questions Cloud

Explain short-run and long-run effects on GDP-price level : Explain short-run and long-run effects on the US GDP and the price level for the following events. Assume that policymakers take no action.
Calculate the frictional force : Use the work-energy theorem to calculate the frictional force F and write down the expression for the angular acceleration with frictional force calculated in terms of m, L, h, and g.
Brief any two examples for data mining applications : How many cuboids are there in a 4-dimensional cube with L levels? You can assume any number for the levels. Please refer to chapter in your textbook ( Kamber) to solve the problem.
Profit-maximizing price-quantity combination for monopolist : A monopolist can produce at constant average and marginal costs of AC = MC = 5. The firm faces a market demand curve given by Q = 53 —P. The monopolist's marginal revenue curve is given by MR = 53 - 2Q. Calculate the profit-maximizing price-quantity ..
Imagine the number of unemployed : Imagine the number of unemployed is 6,135 and the number of employed is 27,433. Then, 3,225 people that were considered unemployed become discouraged and stop looking for a job. What would be the change in the unemployment rate as a resul of this?
What is this consumer surplus : Suppose a Canadian lumber company has a world monopoly on lumber. That is, imagine that all lumber purchased by U.S. citizens is bought from this one Canadian lumber company. Suppose the U.S. government imposes a price ceiling. What is the optimal pr..
Describe what will happen to supply or demand for the dollar : Describe what will happen to supply or demand for the dollar and for the euro if more European tourists come to the US for vacations. Be sure to include whether each currency rises or falls in value.
Declare a pointer vptr that points to an object : Declare a pointer vPtr that points to an object of type unsigned int
Identify three questions you will have for zachary team : Based on this list of characteristics, identify three questions you will have for Zachary's team. These questions should help you gather information about how to better understand how Zachary's behavior, as well as strategies the team has found su..

Reviews

Write a Review

Business Economics Questions & Answers

  What are the short- and long-term economic benefits

What are the short- and long-term economic benefits and cost associated with our current high federal government budget deficits?

  The labor relations process

The discussion centered on Barnett’s pending grievance concerning her recently completed layoff. Green, a nonunion employee, asked Barnett if she had said that Green had not been laid off because she was providing sexual favors to a supervisor. What ..

  Main liability on the federal reserves balance sheet

When the Fed adopts a contractionary monetary policy, the interest rate at which the Fed lends to other banks will be expected to and the money supply in the economy would be expected to. The main liability on the Federal Reserve's balance sheet is. ..

  What is proportion of workers receiving disability benefits

We also observe that the proportion of workers receiving disability benefits is much lower in the US than in the latter two nations. Are these findings consistent with the work-leisure model.

  Find michael income elasticity (ei) for filets

When Michael got a pay raise and began to earn $6,000 per month, his demand shifted outward to Q = 20 – 0.25P. Given this information, find Michael’s income elasticity (EI) for filets.

  Affecting the female income gap in the future

How is the fact that more low-income families are sending daughters, rather than sons, to college likely affecting the female income gap in the future? Why do you think economists argue that the female wage gap will not entirely disappear unless wome..

  Compare the column for average total cost

Fill in the column of marginal products. What pattern do you see. How might you explain it. Compare the column for average total cost and the column for marginal cost. Explain the relationship.

  Calculate the present worth of a bond with interest

Calculate the present worth of a 4.5%, $5,000 bond with interest paid semiannually. The bond matures in 10 years, and the investor wants to make 8% per year compounded quarterly on the investment.

  Refuse to apply stare decisis and overturn the rule

Scott Jensen owned two hundred acres of farmland in California. A creek flowed through the land, and Jensen used water from the creek to irrigate his crops. The water was adequate for his needs. apply stare decisis and divide the water rights because..

  Qthe private marginal cost is mcp 80 q while the marginal

q.the private marginal cost is mcp 80 q while the marginal harm to the rest of society from gunk is suppose the

  Company market share

Based on the revised (1997) merger guidelines, would the Antitrust Division likely challenge a proposed merger between.

  What impact would a rise in consumer income have on demand

What impact would a rise in consumer income have on the demand for cars?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd