4)a. A difficult aspect of measuring the unemployment rate is the survey response rate is so low.each state uses a different process.making sure all adults are included.determining who is eligible and available to work. b. Which of the following illustrates the difficulty of distinguishing between frictional, structural, and cyclical unemployment? A person loses her job during a recession and then starts her own business.A person quits his job in search of a better one, but the former job is in a declining industry and disappears completely.A person quits her job in search of a better one and finds one when the economy is recovering from a recession.A person loses his job during a recession and finds another one in a different industry. c. Unemployment is an economic problem because unemployment benefits are paid.there are additional expenses of helping unemployed family members.there are costs of moving for unemployed persons.a unit of labor resource that could be engaged in production is sitting idle.

We know that Total labour force = Number of employed+ Number of unemployed Unemployment rate=…

Answered: 4) a. A difficult aspect of measuring…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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a. A difficult aspect of measuring the unemployment rate is

the survey response rate is so low.
each state uses a different process.
making sure all adults are included.
determining who is eligible and available to work.

b. Which of the following illustrates the difficulty of distinguishing between frictional, structural, and cyclical unemployment?

A person loses her job during a recession and then starts her own business.
A person quits his job in search of a better one, but the former job is in a declining industry and disappears completely.
A person quits her job in search of a better one and finds one when the economy is recovering from a recession.
A person loses his job during a recession and finds another one in a different industry.

c. Unemployment is an economic problem because

unemployment benefits are paid.
there are additional expenses of helping unemployed family members.
there are costs of moving for unemployed persons.
a unit of labor resource that could be engaged in production is sitting idle.

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