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Assignment: Discouraged Workers and the Economy
A discouraged worker is an individual without a job who has a desire to work; however, the worker has not actively searched for a job within the last six months, because the worker believes that there are no jobs available. Such a worker is not included in the official unemployment count.
Consider a scenario where discouraged workers are now included in the official unemployment rate during a recessionary period in the economy. Which of the three types of unemployment-frictional, structural, or cyclical-do you believe that these unemployed workers would most closely qualify for? How about during a period of economic expansion? Explain your answers and include examples.
Next, discuss and explain how including discouraged workers in the official unemployment rate would affect both the federal deficit and the national debt. Include examples to support your conclusions.
During 2003, we began to stop worrying that inflation was a problem. Instead, we began to worry about deflation, a decline in the price level.Assume that the Fed decided to hold the money supply constant.What impact would deflation have on interest r..
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Suppose foreigners spend $7 billion on U.S exports in a specific year and Americans spend $5 billion on imports from abroad in the same year, what is the amount of the United States net exports?
The impact of Energy price on the Aggregate Supply, this is a topic we have been discussing in my macroeconomics class and I am completely lost.
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1-nbspnbspnbspnbspnbsp explain how a policy mix like the one used in 1990s could help reduced to eliminate the budget
Calculate the per capita GDP for the most recent available year for the countries with the equation given in the far right column.
Is it true that in a short run production process, the marginal cost curve eventually slopes upward because firms have to pay workers a higher wage rate as they produce more output?Explain your answer.
Research trade between the United States and another country in any one of the following areas: customer support services, garments, medical services, or technical products. Discuss the following points a. How is this trade arrangement beneficial
Use Excel program to estimate of the state's demand for KBC microbrews in Ohio. Print (past) the computer regression output and provide an economic interpretation of the regression results.
Complete the following table by computing the marginal utility per dollar for successive units of X, Y, and Z to one or two decimal places.
The company's computer system uses fluid structure interaction modeling to test and analyze each airbag design concept. What is the present worth of the concept at 16% per year, compounded quarterly, if the quarterly cost in years 1 through 5 is $..
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