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!
Employment
Full employment of human and non-human resources or at least minimization of unemployment is an accepted goal of macroeconomic policy. Also the best way to alleviate poverty is to provide gainful employment to the poor.
The rate of unemployment is simply the fraction or percentage of workforce that has no gainful employment. Unfortunately there are several definitional and measurement problems. Who constitutes the labor force? One answer could be: all those who want to work. But some are not permitted by law to be employed. Some who are eligible would like to work but are not actively searching for employment. Some will accept employment only under certain conditions. All these difficulties render the definition of labor force itself problematic. Then again when is a person 'unemployed'? Some are partially employed, some get sporadic employment on daily basis, some have offers of employment but are waiting for a better offer, some are in transition from one job to another.
Despite these difficulties statisticians and economists have devised fairly good measures for labor force and unemployment. To implement these measures and estimate unemployment is a tough task. We will examine it briefly later.
One must also keep in mind that unemployment has regional, temporal and occupational dimensions. A substantial overall rate of unemployment is quite compatible with shortages of labor with specific skills or in a particular region or at a particular time of the year.
What does it mean to seek the Kingdom of God in a democratic capitalist economy? How can it be done?
Q. Evaluate Nominal wages? Nominal wages W = (W/P).P The nominal wage is equal to the real wage times the price level. Because the real wag
Why and how does free trade help the U.S. economy? How might free trade hurt the U.S. economy?
What are economic growth and the growth rate? Economic grow: It rise in a country is real level of national output like measured through Gross Domestic Product (GDP). Wh
Define the individual consumer surplus and total producer surplus. Individual consumer: Individual consumer surplus is the net profit to an individual buyer through the purc
what is meant by PPF?
Suppose gasoline and hybrid vehicles are substitutes. Draw a graph indicating what will happen in the market for hybrid vehicles if the price of gasoline increases. Be sure to labe
Question 1: "Motivation denotes to the degree of readiness of an organism to pursue some designated goal and implies the evaluation of the nature and locus of the forces, inclu
Could you explain the "interest rate effect" in terms of the slope of a curve?
Q. Determination of all the endogenous variables? Determination of all the endogenous variables in the AS-AD model Determination of P and Y: Prices and
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd