What will be the rate of unemployment next year

Assignment Help Business Economics

Reference no: EM13837189

The unemployment rate in the U.S is currently 5.6%

a) If the unemployment rate in March 2016 is 5.0%, what will be the rate of GDP growth according to Okun's law?

b) Suppose GDP growth this year is 2%, what will be the rate of unemployment next year?

Reference no: EM13837189

Questions Cloud

Provide a plan view layout drawing of major components : Provide a plan view layout drawing of major components with key dimensions of your design in A3 size. Off the shelf components must be used where appropriate however the frame will be constructed in house to your design so you will need to accommod..

Explain what information you learned from given article : Lower Of Cost Or Market Inventory Valuation: IFRS Versus US GAAP- Read the attached article (provided as attachment 1 named art 1) and explain what information you learned from this article

Explain the importance of a csr program for an organization : Explain the importance of a CSR program for an organization

Explain briefly what is bad strategy : Explain briefly what is bad strategy

What will be the rate of unemployment next year : The unemployment rate in the U.S is currently 5.6%. If the unemployment rate in March 2016 is 5.0%, what will be the rate of GDP growth according to Okun's law? Suppose GDP growth this year is 2%, what will be the rate of unemployment next year?

Privacy-related matrix : Privacy-Related Matrix-Ethical Dilemma: Locational Privacy and User Privacy Policy

Factor of production in perfectly competitive market : In a perfectly competitive factor market, a firm finds that the marginal factor cost of a factor of production is: The price paid by a firm for a factor of production in a perfectly competitive market:

Unrestrained expansion of a fluid : Which of the following causes a system to be irreversible? All of the other choices Mixing two different substances

Increase in value that future consumers-exhaustible resource : If the interest rate rises, the owners of oil will supply ________ oil today and conserve ________ for the future. An increase in the value that future consumers are expected to place on an exhaustible resource ________ the marginal cost of extractio..

User Account

All Pages