Question

In: Economics

What policies does Dr. Pavlina Tcherneva propose to avoid mass unemployment in the current crisis, and...

  1. What policies does Dr. Pavlina Tcherneva propose to avoid mass unemployment in the current crisis, and what are its features?
  2. How has the "invisibility" of household labor and production from official economic data negatively affected our economic understanding and economic policies?
  3. What could account for the correlation that appears in the data between the proportion of workers engaged in social control relative to internal economic inequality?

Solutions

Expert Solution

Answer.  Dr. Pavlina Tcherneva proposed to offer job to everyone to avoid mass unemployment in the current crisis, She said , give job to everyone who needs and pay them atleast 15$ a hour and this policy can avoid mass unemployment and will help US to pass through these hard times without facing much issues. In addition she said , a job gurantee doesn't mean that the job will be yours and you will earn even if you won't work hard or ignore the discipline and rules of the organisation. You can and will be fired if you harass people in your workplace and this policy won't give you another job. This policy will help in making people self dependent and will stop more from begging and being homeless.

Answer. Unavailability or invisibilty of household labor and production from official economic data negatively affected our economic understanding and economic policies as less availabilty of labour has effected the business of people which inturn caused in less production which is causing in many business shut downs and which in turn is leaving more people unemployed . Leaving jobs as household labours or anything has been hurting the economy badly as more people are getting unemployed and less earning people are left when there is no income it will be hard for the govt. to make policies .

Let me know if you need further info. i will edit the answer according to your need , thanks :) .. please leave a upvote.'


Related Solutions

What could have done the central bank to avoid financial crisis in 2007 ?
What could have done the central bank to avoid financial crisis in 2007 ?
what policies relate to debriefing and crisis procdeures in life organisation
what policies relate to debriefing and crisis procdeures in life organisation
What policies are still followed by Argentina that is leading to credit crisis?
What policies are still followed by Argentina that is leading to credit crisis?
25. What does BLS say is the current natural rate of unemployment?                    4.0%           5.5%...
25. What does BLS say is the current natural rate of unemployment?                    4.0%           5.5%           10.2%           Trick question: BLS does not provide a measure of the natural rate 26. Which of the following are reasons why the official unemployment rate understates economic hardship? (check all that apply)                 Doesn`t take into account discouraged workers           Doesn`t take into account if there are other wage earners in the household           Doesn`t take into account the working poor           Doesn`t take into account underemployment...
Inflation, Unemployment, & Economic Policies (v.v.i) Define – inflation rate, unemployment rate, What are the types...
Inflation, Unemployment, & Economic Policies (v.v.i) Define – inflation rate, unemployment rate, What are the types of employment? Discuss about the natural rate of unemployment What is recession? What are the impacts of recession on business & workers? What happens in a recession and why do recession happens? Aggregate Demand Describe briefly about aggregate demand Describe briefly about aggregate supply What do u mean by demand pull inflation? What do u mean by cost-push inflation?
What macroeconomic policies would Keynes prescribe either to avoid or to ameliorate the boom and bust...
What macroeconomic policies would Keynes prescribe either to avoid or to ameliorate the boom and bust cycle? Explain.
Should central banks use hawkish or dovish policies as economies recover from the current crisis? Why?...
Should central banks use hawkish or dovish policies as economies recover from the current crisis? Why? (Use data or economic model)
Essay question: Discuss the ways in which a country can avoid a crisis. Under what circumstances...
Essay question: Discuss the ways in which a country can avoid a crisis. Under what circumstances are these likely to be effective/ineffective?
How does structural unemployment differ from frictional unemployment? What does it mean to say that the...
How does structural unemployment differ from frictional unemployment? What does it mean to say that the country is operating at full employment? What is “natural” about natural unemployment? What is the difference between a job leaver and a reentrant Suppose, 60 million people are employed, 10 million unemployed, and 30 million not in the labor force. What does the civilian noninstitutional population equal?
how does this definition of the current unemployment problem as cyclical or structural - as well...
how does this definition of the current unemployment problem as cyclical or structural - as well as the appropriate policy response to the current unemployment problem - relate to the way one interprets current economic decisions.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT