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Go to the Web site maintained by the U.S. Bureau of Labor Statistics (www.bls.gov). Find the latest Employment Situation Summary. Look under the link "National Employment."
a. What are the latest monthly data on the size of the U.S. civilian labor force, on the number of unemployed, and on the unemployment rate?
b. How many people are employed?
c. Compute the change in the number of unemployed from the first number in the table to the most recent month in the table. Do the same for the number of employed workers. Is the decline in unemployment equal to the increase in employment? Explain in words.
Explan how this could br true using aggregate demand and aggregate supply analysis.
Who or what do I blame for disparities in wealth and opportunity? Poor people? Wealthy people? The system? What do I think needs to be changed? Do I want to be a part of that change? If so, in what ways?
Suppose demand for widgets is given by the equation P = 20 - 0.5Q. Originally, the price of the good is $10 per unit. When a tax of $2 per unit is imposed, the price of the good rises to $12 per unit. What is the excess burden of the tax
A labor economist estimates a regression of log earnings on schooling, experience, ability, as measured through, and interactions in schooling and experience,
what extra semiannual expenditure for five years would be justified for the maintenance of a machine in order to avoid an overhaul costing $3000 at the end of five years. assume nominal interest rate of 8% componded semiannually.
a firm produces a product with a fully allocated average cost equal to 20. if the price elasticity of demand for the
In an effort to make gasoline more affordable for our population, the US government mandates that gasoline be priced at $3 per gallon, while the market price at present is $4 per gallon. What impact will this policy have on gasoline sales.
how performance should be evaluated and key ideas on establishing incentive pay and related evaluation frameworks for the organisation
you have purchased an equipment costing $20,000. the equipment will be used for two years and at the end of two years its salvage value is expected to be $10,000 the equipment will be used 6,000 hours during the first and 8,000 hours during the se..
Economics 144 Homework. The data file SleepData.dat consists of 706 observations from the study done by Biddle and Hamermesh (1990) on the tradeoff between time spent sleeping and working (as well as other factors affecting sleeping). Plot a histog..
The car travels up the hill with a speed of v = (0.2s) m/s where is in meters, measured from Determine the magnitude of its acceleration when it is at point s = 50 m where, r = 500 m.
With $300 million in state aid to attract 1,500 new jobs, the initial marginal social cost to Alabama taxpayers of attracting the Mercedes plant was $200,000 per job. Estimate the minimum marginal social benefit required to make
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