Question
In: Economics
1. Explain the difference between General Unemployment rate and the Share of Unemployed persons. 2. What...
1. Explain the difference between General Unemployment rate and the Share of Unemployed persons.
2. What is the difference between CPI and Deflator? example
3.Describe how exchange rate changes affect the country's export and import.
Solutions
Expert Solution
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Rahul Sunny answered 1 year agoRelated Solutions
The data below are for the number of unemployed persons (in millions) and the federal unemployment...
The data below are for the number of unemployed persons (in
millions) and the federal unemployment insurance payments (in
billions of dollars) for the years 2010 – 2017. Some economists
state that these two variables are positively related, and that the
amount of federal unemployment insurance payments can be used to
predict the number of unemployed persons.
Year
2010
2011
2012
2013
2014
2015
2016
2017
Federal Unemployment
Insurance Payments
11.8
10.7
18.0
19.7
23.7
31.5
18.4
16.8
# of...
The data below are for the number of unemployed persons (in millions) and the federal unemployment...
The data below are for the number of unemployed persons (in
millions) and the federal unemployment insurance payments (in
billions of dollars) for the years 2010 – 2017. Some economists
state that these two variables are positively related, and that the
amount of federal unemployment insurance payments can be used to
predict the number of unemployed persons.
Year
2010
2011
2012
2013
2014
2015
2016
2017
Federal Unemployment
Insurance Payments
11.8
10.7
18.0
19.7
23.7
31.5
18.4
16.8
# of...
1, If we know that on average 50% of unemployed persons leave unemployment each month, then...
1, If we know that on average 50% of unemployed persons leave
unemployment each month, then the average duration of unemployment
is:
A 2 months
B 6 months
C 2 years
D more information is needed
2,Efficiency wage theory suggests that:
A firms will be more resistant to wage increases as the labour
market tightens
B the government can only set tax rates so high before people
will prefer not to work
C unskilled workers will have a lower turnover...
What is the difference between cyclical unemployment, full employment, and the natural rate of unemployment?
What is the difference between cyclical unemployment, full
employment, and the natural rate of unemployment?
6. What is the difference between the natural rate of unemployment and cyclical unemployment? How are...
6. What is the difference between the natural rate of
unemployment and cyclical unemployment? How are these related to
structural and frictional unemployment? The President of the
Minneapolis Federal Reserve Branch Bank has suggested the natural
rate may have decreased in recent years. Offer some reasons why he
may be correct.
What is the difference between Structural unemployment and Frictional Unemployment What is the difference between fiscal...
What is the difference between Structural unemployment and
Frictional Unemployment
What is the difference between fiscal policy and monetary
policy?
List the three components of M1
What is Open Market Operation
Explain the general relationship between inflation, interest rate and unemployment. 2-4 sentences, provide a graph showing...
Explain the general relationship between inflation, interest
rate and unemployment. 2-4 sentences, provide a graph showing the
last 20 years.
Explain the general relationship between "inflation", "interest rate", and "unemployment". 2-4 sentences, provide a graph showing...
Explain the general relationship between "inflation", "interest
rate", and "unemployment". 2-4 sentences, provide a graph showing
the last 20 years of employment in New York state (Could use
FRED).
*unemployment labor force unemployment rate employed worker unemployed worker __________________ problem: unemployment rate participation rate employment...
*unemployment
labor force
unemployment rate
employed worker
unemployed worker
__________________
problem:
unemployment rate
participation rate
employment population rate
_______________________________
type of unemployment:
_________________________________
how to measure value added:
define value added and its relation with GDP.
difference between GDP & GNP.
What is the average duration of unemployment if the monthly rate of unemployed workers leaving unemployment,l , equals 0.25?
What is the average duration of unemployment if the monthly rate of unemployed workers leaving unemployment, l, equals 0.25? What about when l is equals 0.1? How are monthly rate of unemployed workers leaving unemployment and average duration of unemployment?
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