Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Define the Natural rate of unemployment
Natural rate of unemployment is defined as the sum of rates of structural, frictional, and classical unemployment (excluding cyclical unemployment). Natural rate of unemployment is sometimes known as voluntary unemployment and is supposed to be much more stable than the total unemployment rate.
As cyclical unemployment is zero in a boom, natural rate of unemployment is equal to observed unemployment rate in a boom. In a recession, observed unemployment rate exceeds natural rate by cyclical unemployment rate.
We say that we have full employment when unemployment rate is equal to natural rate (and cyclical unemployment is zero). Remember that full employment doesn't imply that unemployment rate is zero.
Calculating interest rates on a yearly basis If the maturity is different from one year, the interest rate is usually recalculated to a corresponding one year rate. For example
The more certain private property rights are, a. the less people need to invest in education or human capital development. b. The less entrepreneurship there will be. c. t
TRADE policy: We are now in a position to sum up our analysis of India's trade policy. First, India's trade policy has always been very intricately related to India's basic de
Half the members of a fishing tribe catch four fish per day and half catch 10 fish per day. A group of 10 members could build a boat for another tribe in one day and receive a paym
How much does GDP rise in each of the following scenarios: 1. During a recession, the government raises unemploymemnt benefits by $100 million. 2. A new US airline purchases
he questions posed are broad and open ended so be careful to allow yourself enough research and planning time. If you are completely on top of the material delivered in class, then
explain the neo-classical theory of trade and show the difference between this and the classical approach, as wellas the similarities
A recent study of long distance phone calls made from WPU, showed that the length of the calls follows the normal probability distribution with a mean of 3.2 minutes per call and a
Use the information below to calculate the numbers instead of "?" marks in the Table. Show and explain all your calculations?
In 1 to 2 sentences respond to the following comment. "Pollution restrictions will reduce gross domestic product and therefore hurt the economy."
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd