Misleading characteristic of unemployment rate

Reference no: EM1373684

Question: The unemployment rate is a deceptive indicator of the current and future state of the economy. How does the timing of lay off and hiring decisions made by companies describe the misleading characteristic of this indicator?

Reference no: EM1373684

Questions Cloud

Relationship between the variable and economy : As an worker of the world bank you have been proposed to research the requirements of a country with a particular economic concern. For this project choose a nation and an economic concern such as population, unemployment etc.

Strategic consulting in practice : imagine that you are a team employed by a major UK Management Consultancy organisation. Your boss in the Consultancy has agreed that you will carry out a small piece of unpaid work for a client, with the aim of demonstrating the Consultancy's com..

Democratic political system : When all people use economic reasoning, incompetence is impossible, because if the profit of decreasing that inefficiency were greater than the expenses, the inefficiency would be eliminated.

Provide examples of the automatic stabilizers : Analyze the contribution that automatic stabilizers play in making a stable economy. Provide some examples of the automatic stabilizers and use them to illustrate their significance.

Misleading characteristic of unemployment rate : The unemployment rate is a deceptive indicator of the current and future state of the economy. How does the timing of lay off and hiring decisions made by companies describe the misleading characteristic of this indicator?

Federal funds and discount rate : GDP growth is approximately 1.5 percent and has been at that level for two years. Inflation, as measured by both the CPI and GDP deflator has been at approximately 1-2 percent for the last two years.

Federal deficit affect gdp and the multiplier : To decrease the federal deficit, government would have to cut back on government buy, transfer payments, or increase taxes. How does the federal deficit affect GDP and multiplier?

Computing the real gdp and value of price index : Use the following information to answer the questions. Compute real GDP for 2004 and 2005 using 2004 prices. By what percent did real GDP grow?

Economic trends in the data sets : As an worker of the World Bank you have been asked to research the requires of two nations with a particular concern. I have selected Mexico and Argentina.

User Account

All Pages