By what percentage has the unemployment rate fallen

Assignment Help Econometrics

Reference no: EM131197440

Suppose the unemployment rate in the United States goes from 6.4% in one year to 5.6% in the next.

(i) What is the percentage point decrease in the unemployment rate?

(ii) By what percentage has the unemployment rate fallen?

Reference no: EM131197440

Questions Cloud

Summarize the importance of this class to someone unfamiliar : Among the applications that we explored in this course, choose the one that you believe to be the most useful to you and explain why you believe that to be the case. Next, determine the application that you believe would be the least useful to you..

Determining the wavelength of a sound wave : What is the difference between the frequency, amplitude, and wavelength of a sound wave?

State the relationship for coulomb inverse square law : 1. State the relationship for Coulomb's inverse square law for the force between two point charges. State the name and unit for each quantity used in the relationship. 2. Two electrons are placed 1.5 nm apart. Calculate the electrostatic force acti..

Could you notice the presence of growing globalization : Could you notice the presence of growing globalization, even if you had never heard the word, from what you see in ads or in shops? Can you mention a few examples, say in automobiles, food, or clothing?

By what percentage has the unemployment rate fallen : What is the percentage point decrease in the unemployment rate?

Different weights fall at the same rate : Using concepts such as mass, weight, inertia, force to explain how objects of different weights fall at the same rate?

What was annual discount rate at which bond was purchased : At current prices, the won or lost in dollars, today? Do not assume transaction costs. The won or lost in Dollars Fund? What was the annual discount rate at which the bond was purchased by the Fund Soles?

How much of the disagreement is based on normative economics : how much of the disagreement is based on normative economics compared to positive economics?

Pool of oil with a volume : A 5 kg brick is placed into a pool of oil with a volume of 100L. The 5kg brick rests on the ground of the pool and is 26.51N. This raises the oil pool level to 102.5L. From balancing the forces acting on the brick

User Account

All Pages