What does the unemployment rate measure

Assignment Help Microeconomics
Reference no: EM133253695

Assignment:

Question

Answer the following questions:

(a) What does the unemployment rate measure? Explain briefly.

(b) A large number of 60 year-old currently employed workers choose to retire now. How does this affect the labour force participation rate and the unemployment rate? Explain.

Reference no: EM133253695

Questions Cloud

How can a decision maker identify strategic factors : Strategic - How can a decision maker identify strategic factors in a corporation's external international environment
Research on how housing inequality is affecting renters : Do some brief research on how housing inequality is affecting renters and list two or three common problems with rental properties in the private rental market.
What strategies should ben and jerry pursue going forward : What strategies should Ben and Jerry's pursue going forward, in terms of HR policies, manufacturing, distribution, branding and advertising
How can value-chain analysis help identify company strengths : Assignment - Strategic Management Question - How can value-chain analysis help identify a company's strengths and weaknesses? Discuss
What does the unemployment rate measure : How does this affect the labour force participation rate and the unemployment rate? Explain.
What factors besides class contributed to your conflict : What factors besides class contributed to your conflict? Write a brief description of what class(es) are involved in your chosen topic
Discuss model of supply and demand for central bank money : Consider the model of supply and demand for central bank money. Assume that there there are commercial banks.
How do delusions differ from hallucinations : How do delusions differ from hallucinations? What is schizoaffective disorder, how does it differ from schizophrenia
How a story is told and the role of mise-en-scene : Both A Trip to the Moon and Tokyo Story involve a "trip" -- but that might be the last of their similarities, or is it?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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