Problem regarding the jamal unemployment

Assignment Help Macroeconomics
Reference no: EM131335008

Jamal (now age 54) lost his job as a ship builder in 1995. His plant never reopened, and he has very specialized skills that are no longer in demand. Jamal's unemployment is best classified as:

a. cyclical
b. structural
c. seasonal
d. frictional
e. voluntary

Reference no: EM131335008

Questions Cloud

Toilet bowl manufacturers to install devices : Then, suppose a new federal law is passed that forces all toilet bowl manufacturers to install devices that reduce the amount of water used per flush. Using a second graph, illustrate and explain what impact this new law will have on Ralph and Ed.
What was the racer''s speed in min/mi for the race : Each spring there is a race up 86 floors of the 102-story Empire State Building in New York City. If you were able to climb 2 steps/second, how long would it take you to reach the 86th floor if each floor is 14 ft. high and each step is about 9 in..
Annual rate of growth of real gdp : The annual rate of growth of real GDP in a developing nation is 0.2 percent. Initially, the country's population was stable from year to year. Recently, however, a significant increase in the nation's birthrate has raised the annual rate of po..
Compute the partners basis in the units received in exchange : Compute the partners' basis in the units received in the exchange. Prepare a tax balance sheet for Plummet Company (assuming it is a partnership).
Problem regarding the jamal unemployment : Jamal (now age 54) lost his job as a ship builder in 1995. His plant never reopened, and he has very specialized skills that are no longer in demand. Jamal's unemployment is best classified as:
Develop a list of five popular computer languages : Develop a list of five popular computer languages with a few characteristics of each. Why do you think some languages are better for the analysis of electric circuits than others?
Standard of living in developing countries : What is leadership doing to improve the standard of living in developing countries?
Explain ways financial information is used in health care : Explain the ways financial information is used in health care organizations. Explain the use of the financial statement analysis as a method to address financial issues.
What is risk premium : Assume Bubba is a risk-averse individual with a concave utility function. He has an 60% chance of being healthy and earning an income of $250,000. He has a 40% chance of being sick and having his income fall to $10,000. His utility is defined b..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Blutarsky is throwing a party at his fraternity and is

blutarsky is throwing a party at his fraternity and is trying to choose how much beer and vodka to buy. a bottle of

  Discuss the relationship between early life health policy

You only need to refer to the 3 or 4 papers that you think are the most important. Use economics journals for your references, for example, Journal of Health Economics, Rand Journal, American Economic Review, etc.

  Competition in an oligopoly than other forms of market

Evidence suggests that there is less price competition in an oligopoly than other forms of market structure. Why is this the case?

  Focus on the marginal product of an input

Explain the difference between a short-run production function. Cite one example of this difference in a business situation Explain the relationship between a firm's short-run production function and its short-run cost function. Focus on the margin..

  Determine the resulting profit for clear vision

(a) Find Clear Vision's profit-maximizing output and price. Determine the resulting profit for Clear Vision.

  Countries interested in measuring gdp

Explain what GDP is (be sure to include a description of the components) and how it is measured, and utilize the different approaches. Why are countries interested in measuring their GDP?

  Most likely favored by management and labor

Which of these is most likely favored by both management and labor? An increase in wages or Cutbacks in health coverage due to rising health care costs

  True costs of production

Why are most environmental resources un-priced (or under-priced) and what are the consequences of this? Is it important for the prices of goods to reflect their true costs of production?

  Design a program that asks the user

Design a program that asks the user to enter a series 20 numbers. The programs should store the numbers in an array and then display the following data:

  Effects of a minimum-wage

Go to the internet and find a news article that discusses the effects of a minimum-wage increase on the U.S. economy, summarize key points and post in the Discussions area. Be sure to include your policy recommendation of what should be done.

  Play around with prices is a bad idea

Read the article "Play around with prices is a bad idea" and answer the following questions:

  Contrast federal systems allow first-order civil divisions

Unitary systems concentrate the power within the central government and little or no authority is granted to the component areas. In contrast, federal systems allow first-order civil divisions to have some autonomy, while the central government ma..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd