Structural or cyclical unemployment scenario

Assignment Help Macroeconomics

Reference no: EM1368762

Question: For each of the given below statements, state whether the unemployment is structural or cyclical.
a) Unemployment rises as output in the economy falls.
b) The demand for workers to make typewriters falls as more consumers switch to computers.
c) As the United States becomes a more high-tech producer, labor-intensive factories relocate to low-wage countries. Factory workers lose their jobs and the unemployment rate rises.
d) As it becomes more acceptable for mothers to work, more women enter the labor market looking for work. The unemployment rate rises.
e) Foreign economies slow and demand fewer U.S. exports. Unemployment rate rises.

Reference no: EM1368762

Questions Cloud

Explain the property of a material : Heat is another word for thermal energy. Dissimilar materials at the same temperature can contain different amounts of heat.

Program-calculate power loss-transmitted-power generating : Write a program to calculate power loss in transmission line with resistance of 0.05 ohms/mile. Calculate power loss if 500 kW of power is transmitted from power generating station.

Find out the speed at which sound travels : The sound produced by the loudspeaker has a frequency of 12002 Hz and arrives at the microphone via two different paths. The sound travels through the left tube LXM that has a fixed length.

Microeconomics - scarcity and choice : What determines whether or not a resource is scarce and why is the concept of scarcity important to the definition of economics

Structural or cyclical unemployment scenario : For each of the given below statements, state whether the unemployment is structural or cyclical.

Explain organizations in the public and nonprofit sector : Explain Organizations in the public and nonprofit sector and such as government agencies and charitable social service entities and have financial systems that budget expenses and monitor

How to respond to bad press : Think of a situation in which an Health Service Organization / Health Service receives bad press

Example on global business management : Who would you invite to a meeting to discuss your organization's global expansion objectives

Explain understanding the different characteristics : Explain understanding the different characteristics of each gemeration of employees will aid in conflict management.

User Account

All Pages