If an unemployed worker does not take any action to seek employment for more than four weeks, which of the following would happen to the employment statistics? The unemployment rate and the labor force participation rate would both increase. O The unemployment rate would increase, and the labor force participation rate would decrease. The unemployment rate and labor force participation rate would decrease. The unemployment rate would decrease, and the labor force participation rate would increase O The unemployment rate would stay constant, and the labor force participation rate would decrease.

If an unemployed worker does not take any action to seek employment for more than four weeks, which of the following would happen to the employment statistics? The unemployment rate and the labor force participation rate would both increase. O The unemployment rate would increase, and the labor force participation rate would decrease. The unemployment rate and labor force participation rate would decrease. The unemployment rate would decrease, and the labor force participation rate would increase O The unemployment rate would stay constant, and the labor force participation rate would decrease.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: Use the information in the graph to the right to find the values for the following at an output…

A: Since you have posted a question with multiple sub-parts, we will provide the solution to only the…

Q: Beth is a hard-working college senior. One Sunday, she decides to work nonstop until she has…

A: Marginal means an addition. Here marginal gain means additional problem's solution by berth for 1…

Q: Kem operates a bakery. Her average revenue generated is $30 and the total sales she did were 50…

A: The information being given is:- Average revenue for Kem's bakery= $30 Total sales = 50 units We…

Q: We have the results from our first Facebook ad campaign. The following table summarizes the results…

A: Given that, We have the results from our first Facebook ad campaign. The following table summarizes…

Q: Calculate the value of total revenue if profit is $3000 and total cost is $1800

A: According to the above given question,we have the values:- Total cost = $1800 Profits = $3000 Using…

Q: The average total cost of producing shoes will, as businesses increase production. Select an answer…

A: Total cost: Total cost can be defined as the sum total of the cost that is incurred in the cost of…

Q: Calculate total revenue for shoes firm whose profit is $400 and Total cost is $800

A: The data presented in the question above is:- Profit of the firm = $400 Total cost = $800 Total…

Q: Choose a current news item about a company enduring a difficult situation such as layoffs,…

A: Two incredible powers are transforming the very nature of work: robotization and ever fiercer…

Q: Consider the table. Labor (hours) 0 40 50 60 70 80 90 Quantity 0 18 45 Fixed Cost ($) 10,000 10,000…

A: Total cost is the sum of fixed cost and variable cost. Fixed cost remains constant and does not…

Q: he cost a company incurs each month when it produces q pairs of shoes. Graph the average cost and…

A: AC(average cost) is the ratio of TC(total cost) and q(quantity). MC(marginal cost) is the derivative…

Q: If price is greater than marginal cost for the last unit produced Multiple Choice O profit is…

A: This can be described as the concept that shows the actual cost of any decision which encompasses…

Q: Profits for Mia's chocolate shop is $2300 Total revenue generated is $4100 Find the value of…

A: The information being given is:- Profit for chocolate shop = $2300 Total revenue = $4100 We have to…

Q: Michael Scott's recently founded paper company, aptly named "Michael Scott Paper Company" sets the…

A: Given Information Total Cost = 3q +10Price = $5.5/reamTotal Revenue = $34,100

Q: following question that I posted is considered as a one question

A: expected rise in future prices has direct impact on current demand of a product . for example when…

Q: Identify the different parts of the graph. [A]: Type your answer here [B]: Type your answer here…

A: Business cycle is the process of fluctuations of economics activities over period of time where…

Q: How do we measure the Profit Margin on Sales?

A: Profit margin is a type of profitability ratio that represents the percentage of sales that have…

Q: Complete the table below: Output Total Cost (RM) Total variable cost (RM) Total fixed cost (RM)…

A: In the economics, the cost of production, which comprises expenses of many kinds, is incurred during…

Q: get step by step solutions

A: Step 1: Kindly try reuploading the question.I think you forgot to ask the question so, nothing can…

Question

Give typing answer with explanation and conclusion

If an unemployed worker does not take any action to seek employment for more than four weeks, which of the following would happen to the employment statistics?
O The unemployment rate and the labor force participation rate would both increase.
O The unemployment rate would increase, and the labor force participation rate would decrease.
The unemployment rate and labor force participation rate would decrease.
The unemployment rate would decrease, and the labor force participation rate would increase.
O The unemployment rate would stay constant, and the labor force participation rate would decrease.
O

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1: Define Unemployment rate and Labor force participation rate.

VIEW

Step 2: Define discouraged worker and their involvement in Labor Statistics.

VIEW

Solution

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

For distract driving
how to answer this?
Quantity/Output Total Fixed Cost Average Fixed Cost Total Variable Cost Average Variable Cost Total Cost Average Total Cost Marginal Cost (units) (dollars) (dollars) (dollars) (dollars) (dollars) (dollars) (dollars) 0 $50 $0 10 $50 $20 25 $50 $40 45 $50 $60 60 $50 $80 70 $50 $100
Write a topic on economies of scale, economies of scope, or learning curves.
How Satya Nadella manage and run micorsoft?
Subject - account Please help me. Thankyou.
Please do not give solution in image format thanku
Bill works for a large food service company. In one hour he can make 13 sandwiches or he can make 36 salads. Bill works 8 hours per day. If Bill needs to make 33 sandwiches then how many salads can he make? Round your answer to the nearest whole number.