Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose that there is a fixed number of workers.
Each worker is at a certain instance either employed or unemployed.
The average duration of a period of unemployment is Du=10 months, and the average duration of a period of employment is De = 40 months.
Use the model of labor market flows between these two states to answer the following questions.
1) What is (in rate per month) the rate of job finding (f) ?
2) What is the rate of job separation (s) ?
3) What is the equilibrium unemployment rate (u) ?
The answers are as followed
1) 0.1
2) 0.025
3) 20%
Could you give me how to solve with a fomular? especially, how to calculate 1) S and 2) F.
When Mahdi's youngest sister was born his parents started saving $1000 per year and continue until she beomes 10 years old (total 10 years). Then they stop and keep the money on the account for the next 25 years. The interest rate in both cases is 6%..
A Los Angeles firm uses a single input to produce a recreational commodity
According to Banerjee and Duflo, poor people make decisions differently than do those who are not poor. In their view, this is the fundamental obstacle to economic development in poor countries. Do you agree or disagree? Explain your answer.
Among which of the following will cause an increase in producer surplus. Which of the following causes a shortage of a good.
With the Federal Open Market Committee seeming to have such a positive outlook, how do you think this will affect the economy? Do you agree that the workforce /labor markets will continue to see gains?
Twin sisters Rose and Iris each have $100 to spend on flowers (X) and all other goods (Y). Flowers cost $2 each, and all other goods (AOG) have a composite price of $1 each. Assume that their preferences are represented by convex indifference curves...
Explain with a graph and a verbal explanation how a ticket price ceiling placed on a monopoly sports franchise (that does not sell out its games) may actually lower ticket prices and raise attendance. Assume that marginal costs are fixed.
Support or contradict this statement: "Given the realities of today's economy and the rapid changes ocurring in business technology, all competitive advantages are short-lived. There is no such thing as a sustainable competitive advantage that lasts ..
What are the production costs of your economics class? What are the fixed costs? The variable costs? What’s the marginal cost of enrolling more students?
Assume that the following data characterize the hypothetical economy of Trance: money supply = $190 billion; quantity of money demanded for transactions = $160 billion; quantity of money demanded as an asset = $10 billion at 12 percent interest, incr..
What other variables should be considered when determining what is reasonable in terms of maintenance expense
Illustrate what adjustments are required for China to rebalance its current account. Illustrate what risks are inherent in such adjustments.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd