Question
In: Economics
A decrease in the labor participation rate can help reduce the unemployment rate. t/f
A decrease in the labor participation rate can help reduce the unemployment rate.
t/f
Solutions
Expert Solution
The above statement is false.
The labor participation rate implies the percentage of people of working age who are employed or seeking for job. On the other hand, the unemployment rate indicates the unemployed people in the economy. If in an economy, the labor participation rate decrease that means the number of unemployed person will rise that means the unemployment rate will raise, so the above statement contradicts with the explanation so the statement is false.
Rahul Sunny answered 2 years agoRelated Solutions
31. The unemployment rate and the labor force participation are two labor statistics that are used...
31. The unemployment rate and the labor force participation are
two labor statistics that are used to analyze the economy. In each
of the scenarios below, state the impact that the event will have
of both the labor force participation rate and the unemployment
rate. Explain your answers using the formulas to calculate labor
force participation and the unemployment rate that were discussed
in this unit.
a. A car manufacturing company goes bankrupt and is forced to
lay off all...
*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.
The natural rate of unemployment in Thailand is about 1% and the labor force participation rate...
The natural rate of unemployment in Thailand is about 1% and the
labor force participation rate is about 68%. Interpret these
values. What does it mean for the Thailand’s economy and
population? Why is the U-rate so low?
The natural rate of unemployment in Thailand is about 1% and the labor force participation rate...
The natural rate of unemployment in Thailand is about 1% and the
labor force participation rate is about 68%. Interpret these
values. What does it mean for the Thailand’s economy and
population? Why is the U-rate so low?
2. The USA's natural rate of unemployment is about 1%, and the labor force participation rate...
2. The USA's natural rate of unemployment is about 1%, and the
labor force participation rate is about 60%. Interpret these
values. What does it mean for the US economy and population? Why is
the Unemployment rate so low? Please, explain clearly and show how
to calculate. Thank you.
Unemployment, employment and the labor force participation rate have been in the news lately. Analyze these...
Unemployment, employment and the labor force participation rate
have been in the news lately. Analyze these three statistics since
2000. What are the trends? Explain. What does each statistic tell
you that the other statistics do not tell you? Unemployment has
multiple measures – which one is best and why? Make sure you use at
least one graph in your answer. Answer with explanation and
detail.
Unemployment, employment and the labor force participation rate have been in the news lately. Analyze these...
Unemployment, employment and the labor force participation rate
have been in the news lately. Analyze these three statistics since
2000. What are the trends? Explain. What does each statistic tell
you that the other statistics do not tell you? Unemployment has
multiple measures – which one is best and why? Make sure you use at
least one graph in your answer. Answer with explanation and
detail.
Why does the labor force participation rate in an economy usually decrease during recessions? (Hint: The...
Why does the labor force participation rate in an economy
usually decrease during recessions? (Hint: The labor force
participation rate counts both employed and unemployed workers, so
the increase in the number of unemployed workers alone cannot
explain why the labor force participation rate increases.)
2. Problems and Applications Q2 Indicate what happens to the unemployment rate and the labor-force participation...
2. Problems and Applications Q2 Indicate what happens to the
unemployment rate and the labor-force participation rate in each of
the following scenarios.
Scenario Effect On...
Unemployment Rate / Labor-Force Participation Rate
increases/stays the same/ decreases . increases/stays the same/
decreases
Yakov, a full-time college student, graduates and is immediately
employed. Unemployment Rate _______________ Labor-Force
Participation Rate ________________
Ana is on maternity leave and will resume working in two months.
Unemployment Rate _______________ Labor-Force
Participation Rate ________________
Charles has a...
The Federal Reserve has recently decided to increase interestrates to help reduce future inflation. t/f
The Federal Reserve has recently decided to increase interest
rates to help reduce future inflation. t/f
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