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!
Q. Show the Different kinds of unemployment?
All unemployed individuals are presumed to belong to exactly one of these categories so that if we sum unemployment from each category we would get the total unemployment. We define unemployment rate for the above categories for example we define the frictional unemployment rate as frictional unemployment divided by the total labor force and in the same way for the other categories.
Clearly it is often tough to determine exactly which category an unemployed individual belongs to and official measures of unemployment in each category don't exist.
Nevertheless, this classification is very convenient in economics. If unemployment increases in a certain city because of a firm relocating production, its structural unemployment that increases (originally, part of it is frictional), and if unemployment increases owing to a recession, it's the cyclical unemployment which has increased. Knowing what kind of unemployment is currently present is significant when considering what kind of measures to take to lower unemployment.
Figure: Different kinds of unemployment
The Russ College of Engineering and Technology of Ohio University announced in a press conference that it had found "rampant and flagrant plagiarism" in the theses of mechanical en
Comparative if Person can make 15 wristbands and hour and 3 potholders. What is the comparative advantage? If same person works 20 hours a week graph the possible combinations sh
What are the important tools of making decisions? Making Decisions: a. How economists model decision making through individuals and firms b. Implicit costs and Explicit-C
a) Use the arc-approximation formula to calculate the price-elasticity of demand coefficient of a firm's product demand between the (quantity, price) points of (100, $20) and (300,
impact of change in government expenditure and tax on fiscal policy
discuss the action the procurement function should take to achieve raw materials at economic cost durin inflation
Suppose the supply function for product X is given by Qsx = -50 + 0.5Px - 5Pz. A. How much of product X is produced when Px = $500 and Pz = $30? B. How much of product X is p
Using a flexible exchange rate system with imperfect capital mobility explain the impact that an open economy has on the effectiveness of monetary and fiscal policy. 2. Using a fl
An electrical company audit indicates that motor consumption is 4x106 kWh per year. By upgrading to high efficiency motors a 10% savings can be made. The additional cost for the mo
Explain the difference between productive and allocative ( economic ) efficiency. Explanation of productive efficiency, e.g. output at AC minimum Define to the effect th
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