Part of the potential labor force

Assignment Help Business Economics
Reference no: EM131385518

1. Suppose that you are available for work but have not looked for a job for at least the last four weeks because you believe that no jobs are available. You will then be counted as

A. part of the potential labor force

B. unemployed

C. a discouraged worker

D. underemployed

2. If you are available for work and have looked for a job at some point during the previous twelve months, but have not actively looked during the previous four weeks, you are considered

A. in the labor force but structurally unemployed

B. not in the labor force

C. in the labor force but frictionally unemployed

D. none of the above

Reference no: EM131385518

Questions Cloud

Labor market from the two point views of supply and demand : What are the 2 different approaches to the presentation of a job offer? What are the advantages and disadvantages of each? Discuss the labor market from the two point views of supply and demand. What are the key areas that should be included in a job..
Who would be hurt by unanticipated inflation : The fact that millions of jobs are created and destroyed every year is a sign of. The full employment in the economy is considered to be achieved when.  Who would be hurt by unanticipated inflation?
Suppose the marginal cost curve in the short run : Suppose the marginal cost curve in the short run first decreases and then increases. If marginal cost is decreasing, _____ must be _____ and _____ must be _____.
Suppose the demand for french bread rises : Suppose the demand for French bread rises. Explain what happens to producer surplus in the market for French bread. Explain what happens to producer surplus in the market for flour. Illustrate your answers with diagrams.
Part of the potential labor force : If you are available for work and have looked for a job at some point during the previous twelve months, but have not actively looked during the previous four weeks, you are considered. Suppose that you are available for work but have not looked for ..
Keynesians-monetarists with regard to using monetary policy : What are the differences between Keynesians and Monetarists with regard to using monetary policy to grow Real GDP?
Marginal cost is the change : If nominal GDP in a given year is $11,000 billion and real GDP is $10,000 billion, then the GDP Price Deflator is equal to. Marginal cost is the change in _____ cost resulting from a one-unit change in _____.
Excess capacity is problem in monopolistic competition : Excess capacity is a problem in monopolistic competition because if there were fewer firms in the industry: Consider a two-firm oligopoly facing a market inverse demand curve of P = 100 – 2(q1 + q2), where q1 is the output of Firm 1 and q2is the outp..
Monopolistic competition can acquire some market power : The model of monopolistic competition characterizes a city's market for plumbing services. Suppose that the market is initially in long-run equilibrium, and then demand for plumbing services increases. In the short run, plumbing services' price will ..

Reviews

Write a Review

Business Economics Questions & Answers

  How to derive engel curve utilizing consumer choice theory

Suppose you only consume X(axis) and lemons (Y axis) If coconuts are normal good.Graphically illustrate how to derive an Engel curve utilizing consumer choice theory.

  Why did not it win all of those contracts

Why would your company have bid with a zero mark-up on some past tenders? Why didn’t it win all of those contracts?

  Any unsold bottles can be sold in future weeks

A faculty member sells Gatorade at UNC Charlotte football games. He finds that if he raises his selling price by $1, he sells 6 less bottles each week. He turns over the operation to a Managerial Economics student for a week. The goal is to maximize ..

  Suppose that instead of using fiscal policy

Suppose that the government wants to stimulate GDP using fiscal policy, for example by raising G from 2,500 to 3,000. How does this affect your IS and LM curves? Suppose that instead of using fiscal policy, G remains constant at 2,500, but the money ..

  Scenarios for per capita GDP on ratio scale

Plot the following scenarios for per capita GDP on a ratio scale. Assume that per capita GDP in the year 2015 is equal to $10,000. You should not need a calculator or computer program.

  Three system resources that affect healthcare

Three system resources that affect healthcare in the US are: healthcare professionals, technology, and financing. How do these resources affect one another? What specific effects have you seen in the healthcare system as a result of changes in each o..

  Explain: wealthy people have a lower opportunity cost

Both wealth and poor people consume some health care. For the sake of this question, assume that all people pay the same price for healthcare, and all other goods.

  What is the annualized marginal willingness to pay assuming

A hedonic regression is run on the selling prices P of houses near an airport that sold within the last five years that results in the equation P =500000−400×N+0.75×income where P is the most recent selling price in current year dollars, N = 50/d, an..

  Application of economies and diseconomies of scope

In "Kitchen Nightmares," Chef Gordon Ramsay visits struggling restaurants and gives the owners of the restaurant a number of recommendations intended to reverse the restaurant's prospects. Explain how the recommendation is an application of Economies..

  How much did lori save and what is here wealth at the end

lori is a student who teaches golf on the weekend and in a year earns $40,000 in fees after paying her taxes. How much did Lori save in 2009 and what is here wealth at the end of 2009?

  Should us airways gives training facility at this locations

A developer has recently offered US Airways 2.5 million for the land. Should US Airways gives training facility at this locations.

  Function of the size of the social security system

Jessica will live for two periods. She is only able to work in the first period, when she earns $100. The interest rate between the first and second period is r, meaning that if she saves X in the first period she can consume X(1+r) in the second. As..

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