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- The college graduates of 2000 could hardly have asked for better luck. The unemployment ratedropped to 4.1 % in May 2000- roughly, the lowest level in a generation- and employers wereliterally scrambling for new hires. Starting salaries rose, many graduating seniors had numerousjob offers, and some firms even offered $10,000- $20,000 bonuses to students who signed thedotted line. Discussion:(i) Briefly explain and justify what prevailing situation was taking place in the year 2000.(ii) Identify and explain two fiscal policies and two monetary policies that the USgovernment may have used to correct this situation. (iii) Use a diagram to illustrate the correction measures.2021 - Find economic indicators St. Louis federal reserve website. look up current economic indicators from GDP, inflation, economic growth put the last three years in an excel spreadsheet and graph each overtime in a separate graph. Compare relationship between them. on website use prices the change in CPI is the inflation rate unemployment and GDP. consumer price index for all carbon consumers all items, sa, seasonly adjusted prices. (u) civilian unemployment rate and GDP real gross domestic product, 3 decimal GDPQUESTION 3 (a) What do you understand by the terms recession, trough, and recovery? How does the change in the unemployment rate relate to business cycle? (b) What is the difference between real GDP and nominal GDP? Discuss factors that affect the income level of a country.
- 8. The attached charts (Quits: Total Nonfarm) shows the quit rate (the number of who quit their job during the entire month as a percentage of total employment) and the unemployment rate (U-3). (a) All else constant, what effect does an increase in the quit rate have on the unemployment rate? (b) Do you consider job quits as frictional or structural unemployment? Why? (c) What happens to the quit rate during the recession of 2008? Why? Do we see the same effect in the recession of 2020? (d) What happened to the unemployment rate during the recessions of 2008 and 2020? How do you reconcile this answer with your answers for items (a) and (c)? (e) Use your answers to explain why the unemployment rate will never fall to zero and a certain amount of unemployment is desirable.This question requires effective research to gather pertinent labor market statistics. Consider the source of your data. Official labor market statistics are gathered into “jobs reports” by the United States federal governmental agency: the Bureau of Labor Statistics or BLS. (6 points.)a. Find the following statistics on employment in January, 2022:Unemployment rate: Labor Force Participation Rate: Employed population: c. Find the changes in each statistics from January, 2021 to January, 2022:Unemployment rate: Labor Force Participation Rate: Employed population: d. Find the changes in each statistics from January, 2010 to January, 2011:Unemployment rate: Labor Force Participation Rate: Employed population: e. Briefly compare the severity of the two recoveries citing relevant statistics.Please answer fast arjent help me
- How much is the gross income under cash basis? A taxpayer engaged in service business provides you with the following: Description Collections from services rendered-current Billings for revenues earned but uncollected 2019 2020 P600,000 P800,000 500,000 200,000 Collections from uncollected billings in 2019 Collections from uncollected billings in 2020 Advance collections for services not yet rendered 470,000 50,000 300,000 200,000 O 2019:P1,400,000; 2020: P1,720,000 O 2019: P1,370,000; 2020: P1,050,000 O 2019: P1,100,000; 2020: P1,050,000 O 2019: P900,000; 2020: P1,520,000i need in words not handwritten solution please1-(2 POINTS)Discuss in depth two of the reasons why the true percentage of members of the Labor force who don't have jobs is often worse than the official unemployment rate calculated ?
- Table 1: Selected Economic Indicators for Trinidad and Tobago 2016 - 2020 Year Population GDP Inflation Unemployment % Money '000 (%) Supply - M2 (TT$Mn) 2020 1,366.7 2019 1,364.0 2018 1,359.2 2017 1,356.6 2016 1,353.9 Current Prices (TT$ Mn) 144,422.1 iii. 161,335.3 161,284.3 157,150.1 Source: CBTT, 2022; Percentage GDP Change Per Constant GDP -7.4 -0.2 -0.7 -2.7 149,208.6 -6.3 Capita (TT) 0.6 1.0 1.0 1.9 3.1 Question 1. a. Illustrate, with the aid of line graphs, the following: i. GDP and Years (2016 - 2020) ii. Inflation rate and Unemployment rate (2016 -2020) Economic growth for the period (2016-2020) 5.7 4.3 3.9 4.8 4.0 99229.8 89425.8 Repo Rate (end of period, %) 89475.2 5 3.5 88636.2 5 86754.6 4.75 4.75Question 34(5