Cyclical unemployment and the natural rate of unemployment

Assignment Help Business Economics

Reference no: EM13735978

Cyclical unemployment and the natural rate of unemployment are sometimes hard to distinguish from each other, so economists are not very confident about estimates of the natural rate of unemployment. Still, since unemployment rates are consistently higher in Canada and most Western European countries than in the United States, it appears that the natural rate of unemployment is lower in the United States. What might explain this difference?

Reference no: EM13735978

Questions Cloud

Imagine that you are the pilot in this hypothetical scenario : Imagine that you are the pilot in this hypothetical scenario, and you are responsible for ensuring an international dignitary departs and arrives safely from and to both airports of your choice. You may refer to your notes, textbook, course discussio..

Explain the differences among consumers : Explain the differences among consumers' wants, needs, and opportunitiesConsumers often experience what's called a want-got gap, which describes the discrepancy between their actual situation and their desired situation. Consumers often do not recogn..

In addition to agricultural products and manufactured goods : The largest corporation based in the United States is: In addition to agricultural products and manufactured goods, the United States is also the world's largest exporter of: In order for a marketer to operate efficiently in a foreign country, it is ..

One of the most important activities in supply chain design : One of the most important activities in supply chain design is selection of suppliers. Discuss what criteria (other than price) might be used to select the suppliers.

Cyclical unemployment and the natural rate of unemployment : Cyclical unemployment and the natural rate of unemployment are sometimes hard to distinguish from each other, so economists are not very confident about estimates of the natural rate of unemployment. Still, since unemployment rates are consistently h..

How much must setup time decline in order for the lot size : How much must setup time decline in order for the lot size to fall to 50 units? 25 units? 10 units? Explain how you determined the declines in setup time you calculated.

Consumed as result of out-of-pocket price reduction : Assume demand for a medical service is given by the equation P = 1000-2Q. Assume the price without insurance is $100, but insurance reduces the consumer’s out-of-pocket price to $50. How many extra services will be consumed as a result of the out-of-..

Cause a shift in demand for coca-cola : Which of the following would NOT cause a shift in demand for Coca-Cola:

The use of technology in public health research : In this discussion, we will be talking about the use of technology in public health research, and also the use of social media for the delivery of health information messages that are used by health education campaigns, and related efforts used in he..

User Account

All Pages