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

  Calculate nominal gdp in years one and two

If the transaction is included, determine which component of final expenditure it represents.  If the transaction is excluded, explain why -  Calculate nominal GDP in years one and two and calculate real GDP in years one and two assuming that year o..

  Existence of business ethics

Many scholars have argued on the existence of business ethics, instead favoring the term corporate social responsibility (CSR). Write a three-page research assignment on CSR. In this assignment, you need to:

  What school of thought would make this suggestion

The Fed should simply increase the money supply at the same ratethat the full employment economy grows, and the government shoulddesist from any stabilizing urges." What school of thought would make this suggestion, and how do economists of that scho..

  1 are the following statements true or false explain in

1. are the following statements true or false? explain in each case.a. two countries can achieve gains from trade even

  Mcq on mortgage loans and federal reserve bank

The nation is divided into __12______ Federal Reserve districts, each having a Federal Reserve Bank.

  What allocation of tasks maximizes total output

maria and emmanuel need to cut logs for shelter or gather food to stay alive per day. maria produces 10 cut logs of shelter and 10 baskets of food. emmanuel produces 5 cut logs of shelter and 8 baskets of food.a) what is the opportunity cost for ma..

  Company a is an american firm which produces engine for

company a is an american firm which produces engine for trucks. there is a huge growth potential exist for the american

  Determine optimal bundle pricing strategy

You are the manager of a local sporting goods store. Given the reservation prices, determine your optimal bundle pricing strategy.

  Develop an in-depth analysis and evaluation of government

Develop an in-depth analysis and evaluation of the Government Accountability Office's planning, organizational design, decision-making process, and implementation and then provide recommendations for improvement. Therefore, you will conduct..

  What is the level of output in this country

where L is labor, K is capital, and N is land. In this economy the factors of production are in fixed supply with L = 100, K = 100, and N = 100.

  Elements of capitalist in the us economy

The United States is best described as having a "mixed economy". What are some elements of capitalist in the US economy? command elements in our economy? and some elements of tradition?

  Demonstrate that if income and both prices change by exactly

Demonstrate that if income and both prices change by exactly the same proportions, this does not change the optimaization conditions and therefore the equilibrium quantities of the two goods do not change.

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