Unemployment means

Assignment Help Macroeconomics
Reference no: EM131040034

Unemployment means that:

a) there are some people who will not work at the going wage rate.

b) there is excess demand in the labour market.

c) people are not willing to work at the going wage rate.

d) at the going wage rate, there are people who want to work but cannot find work

Reference no: EM131040034

Questions Cloud

Write clearly and concisely about health economics : Explain how selected economic principles apply to the health care market and the provisions of health care services.
The standard deviation for the portfolio : Assume you are investing 40% of your money in Stock A, and 60% in Stock B. Betas for Stock A is 1.2, and for Stock B is 0.8.
Estimating the rational choice : If marginal benefit is greater than marginal cost, a rational choice involves:
Various approaches to enhancing workplace satisfaction : Among the various approaches to enhancing workplace satisfaction and productivity discussed in the chapter, which ones might you take under the circumstances described in the case? Why are some of the other approaches less likely to be effective (or ..
Unemployment means : Unemployment means that: a) there are some people who will not work at the going wage rate.
Prepare manufacturing trading and profit and loss account : Stocks as at December 31, 2011 were as follows: Direct raw materials, $4,500,000; Work-in-progress, $4,000,000; Finished goods, $4,500,000; Indirect raw materials, $2,000,000
Economist to develop theories : Production possibilities have been used by several economist to develop their theories. What is its definition?
Estimate the cost of the bicycle frame : ME 406 Manufacturing and Design - Provide type of matrix and fiber with fiber volume fraction. Provide analysis used to choose volume fraction. If computer model is used for analysis then present it.
Discuss the concepts of equity, effectiveness and efficiency : You are required to discuss the concepts of equity, effectiveness and efficiency in relation to a healthcare system that is founded on equity

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