Start looking for a different one

Assignment Help Macroeconomics
Reference no: EM131051244

Wolfgang loves his rich wife but hates his boring job. He quits his job and start looking for a different one. Some jobs are available in his area of expertise, but it will take time for him to find them. During the time he is searching, he is characterized as:

  • Frictionally unemployed
  • Structurally unemployed
  • Cyclically unemployed
  • Not in labor force.

Reference no: EM131051244

Questions Cloud

Proposal on the best way to dispose of the computers : Your company is replacing all 500 of its computers with newer machines, and your supervisor has put you in charge of removing the outdated computers.
Diagram of aggregate demand and aggregate supply : Using a money market diagram and a diagram of aggregate demand and aggregate supply, explain how the Reserve Bank of Australia (RBA) can eliminate an inflationary gap.
Reduction in demands for goods and services : Because of a reduction in demands for goods and services production and real GDP go down. As a result many people lose their jobs. These people who lose their jobs are classified as:
Checks for the validity of expression that is entered : Issuean appropriate error message when an erroneous situation is encountered.CSC 260
Start looking for a different one : Wolfgang loves his rich wife but hates his boring job. He quits his job and start looking for a different one. Some jobs are available in his area of expertise, but it will take time for him to find them. During the time he is searching, he is cha..
Numbers show the unemployment rate : Assume no change between 2005 and 2006 in the population, percentage of part time workers and working age population. Second, discuss in detail how the numbers show the unemployment rate can fall even if there are no new jobs being created. List t..
Explain how each strategy would help ensure learning taking : List and briefly explain seven strategies that could be applied in training based on the areas we have learned about the past weeks that you think would be the most successful based on the learning group.
What standard network options match that speed : For the same assumptions as Exercise F.1, what is the minimum bandwidth of the slowest link to beat overnight delivery? What standard network options match that speed?
Amount of the company merchandise purchases for month : Haar Inc. is a merchandising company. Last month the company's cost of goods sold was $69,800. The company's beginning merchandise inventory was $13,200 and its ending merchandise inventory was $29,300. What was the total amount of the company's merc..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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