Imagine the number of unemployed

Assignment Help Business Economics
Reference no: EM13982104

Imagine the number of unemployed is 6,135 and the number of employed is 27,433. Then, 3,225 people that were considered unemployed become discouraged and stop looking for a job. What would be the change in the unemployment rate as a resul of this? (input your answer in percentage points. For example if the unemployment rate changes from 7.3% to 5.3% then input your answer as -2% and if it changes from 4% to 5% the enter you answer as 1%.) Step by Step

Reference no: EM13982104

Questions Cloud

Explain short-run and long-run effects on GDP-price level : Explain short-run and long-run effects on the US GDP and the price level for the following events. Assume that policymakers take no action.
Calculate the frictional force : Use the work-energy theorem to calculate the frictional force F and write down the expression for the angular acceleration with frictional force calculated in terms of m, L, h, and g.
Brief any two examples for data mining applications : How many cuboids are there in a 4-dimensional cube with L levels? You can assume any number for the levels. Please refer to chapter in your textbook ( Kamber) to solve the problem.
Profit-maximizing price-quantity combination for monopolist : A monopolist can produce at constant average and marginal costs of AC = MC = 5. The firm faces a market demand curve given by Q = 53 —P. The monopolist's marginal revenue curve is given by MR = 53 - 2Q. Calculate the profit-maximizing price-quantity ..
Imagine the number of unemployed : Imagine the number of unemployed is 6,135 and the number of employed is 27,433. Then, 3,225 people that were considered unemployed become discouraged and stop looking for a job. What would be the change in the unemployment rate as a resul of this?
What is this consumer surplus : Suppose a Canadian lumber company has a world monopoly on lumber. That is, imagine that all lumber purchased by U.S. citizens is bought from this one Canadian lumber company. Suppose the U.S. government imposes a price ceiling. What is the optimal pr..
Describe what will happen to supply or demand for the dollar : Describe what will happen to supply or demand for the dollar and for the euro if more European tourists come to the US for vacations. Be sure to include whether each currency rises or falls in value.
Declare a pointer vptr that points to an object : Declare a pointer vPtr that points to an object of type unsigned int
Identify three questions you will have for zachary team : Based on this list of characteristics, identify three questions you will have for Zachary's team. These questions should help you gather information about how to better understand how Zachary's behavior, as well as strategies the team has found su..

Reviews

Write a Review

Business Economics Questions & Answers

  Legislations to prevent monopolization of businesses

Name at least two legislations to prevent monopolization of businesses. Do you believe these legislations have been helpful? Discuss.

  Short-run and long-run aggregate supply

A severe drought hits a country and reduces farm output by 50%. short-run and long-run aggregate supply. short-run aggregate supply and aggregate demand.

  Qwhen money decreases in value because of inflation people

q.when money decreases in value because of inflation people tend to place less trust in it as a method of storing value

  In terms of marginal benefits-marginal costs and utility

You have a part time job that pays $8 per hour. Your manager has asked you to work 4 extra hours on Friday night, but you already have plans for dinner and a movie with a friend on Friday night. You value the Friday night activities more than the ext..

  Which represents a more dovish fed

Which leads to higher interest rates, which leads to higher output? Which leads to higher inflation? Which represents a more hawkish Fed? Which represents a more dovish Fed?

  Recognize and utilize the vocabulary

Recognize and utilize the vocabulary, terms and theories essential to the discipline of Economics - Describe the differences between macroeconomics and microeconomics.

  Which is better in the long run

If the Fed instead maintained the money growth rate from part a, what is likely to happen to inflation D. Which policy do you think is better in the short run? Which is better in the long run?

  Do marketers have the ability to control our desires

"Do marketers have the ability to control our desires or the power to create needs?" Please provide reasoning, evidence, and examples to support your argument.

  Prices for products and shipping

Problem 1: Unipart, a manufacturing of auto parts, is considering two B2B marketplaces to purchase its MRO supplies. Both marketplaces offer a full line of supplies at very similar prices for products and shipping. Both provide similar service lev..

  Anything about the average annual rate of growth

A. not say anything about the average annual rate of growth. B. concludes that its average annual rate of growth is about 5.5 percent. C. concludes that its average annual rate of growth is about 2 percent. D. concludes that its average annual rate o..

  Winston churchill

Winston Churchill once thought that democracy is the nastiest form of government except for all others.

  Federal reserve bank adopts expansionary monetary policy

Suppose the Federal Reserve Bank adopts expansionary monetary policy. Using the graph of supply and demand for the market of short term Treasury securities, show graphically and breifly explain what happens to the price of short term treasury securit..

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