5) The United States has an unemployment compensation program that provides income for those out of work. In this case, unemployment is     not a problem, because the unemployment compensation program is not available to workers in all occupations until they find another job. still a problem, because the unemployment compensation program merely gives the unemployed enough funds for basic needs. still a problem, because the unemployment compensation program is not available to workers in the service occupations. not a problem, because the unemployment compensation program gives the unemployed enough funds for basic needs.

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Q: Market demand is P = 50 -2Q. Firm has cost function TC(Q) = 5 + 2Q + Q^2.   If the firm's enters…

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A:

Q: The table below show some data for Neverland's labor market: Neverland's employment and unemployment…

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Q: 1. Why do you think so many Americans are not included in the unemployment rate?

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Q: Maria earns $12 per hour in her current job and works 35 hours a week. Her disutility of effort is…

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Q: all of the following policies were adopted by government in an attempt to reduce the natural rate of…

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A: Answer -

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A: a. African Americans, Hispanics, workers in lower-skilled occupations, and less-educated workers.

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A: A person is said to be unemployed if he/she does not have a job but is willing to work and actively…

Tax Incidence Analysis

Tax incidence analysis is a kind of economic analysis. It helps to understand the division of tax burden between stakeholders. Tax incidence also relates to the price elasticity of demand and supply. The producers and consumers may valuate their tax burden with the help of tax incidence analysis. It also helps to calculate the burden of a new tax. It is the effect of a particular tax and analysis of tax occurrence in the economy.