What does full employment mean to you

Reference no: EM131123332

Full Employment

The purpose of this assessment is to understand the concept of full employment and analyze how frictional unemployment affects it.

Assessment Description:

Based on your understanding of full employment, answer the following questions:

• What does full employment mean to you?
• Does full employment mean everyone who is looking for the job gets one?
• Is it possible for an economy to achieve full employment? Provide appropriate rationale to support your response.
• Is full employment related to natural rate of employment? Provide appropriate rationale to support your response.
• How does frictional unemployment always come in the way of full unemployment?

Submission Requirements:

Submit your response in a Microsoft Word document with the following specifications:

• Font: Arial; Point 12
• Spacing: Double
• Page length: 2 pages

Evaluation Criteria:

The Essay assessment will be evaluated using the following criteria:

• Did you answer all the questions correctly?
• Did you explain appropriate rationale to support your answers?
• Did you use macroeconomic terminologies in your essay wherever possible?
• Did your thoughts flow coherently?
• Did you meet the page length requirements?
• Did you adhere to Standard English grammar, spelling, and punctuation requirements?

Reference no: EM131123332

Questions Cloud

At what rate is the diameter of the balloon increasing : A spherical balloon is inflated at a rate of 12 cm3/min. At what rate is the diameter of the balloon increasing when the balloon has a diameter of 22 centimeters

Write a paper on sexual differences : Write a paper on Sexual Differences. Students may choose a Congenital Gender Anomaly/variation or Adult Paraphilia. Examples include but are not limited to the following:

What does the variable x represent : On any one of these creatures, the total number of fingers and toes, D, can be described with the equation D = 6x + 9y. In this equation, what does the variable x represent?

Collaborative relationships & transition : This discussion is your opportunity to demonstrate mastery of the objective analyze ways to create a collaborative school culture to promote professional growth and leadership and analyze the value of co-teaching as an inclusion model of instructi..

What does full employment mean to you : What does full employment mean to you? Does full employment mean everyone who is looking for the job gets one? Is it possible for an economy to achieve full employment? Provide appropriate rationale to support your response.

Conduct an appropriate test of hypothesis : Do the six measurements present sufficient evidence to indicate that the average weight of the diamonds produced by the new process is in excess of 0.5 karat? To answer this question conduct an appropriate test of hypothesis using the five step pr..

Tobacco use can lead to many different diseases : Tobacco use can lead to many different diseases. Choose one respiratory, or digestive system disease other than lung cancer.

Can you consider situations in which having competitors : In many instances competitors are seen as being detrimental, that is, having fewer competitors is healthier than having many. Can you consider situations in which having competitors can work to your benefit?

How can you use it to expain the hypothesis is true : Talking about the theory, which means the pricing theory. And how can you use it to expain the hypothesis is true.(one page and half also mention the reference)

User Account

All Pages