The Long Run Aggregrate Supply Curve best represent which of the following? a.  Wages are sticky in the long run b. The Natural Rate of Unemployment (full employment) c. Cyclical Unemployment d. rGDP (output)

Q: When 100 people who were previously looking for jobs stop looking for jobs, the Select one: O a.…

A: Unemployment refers to the state of a person or individual who is actively looking for job or work…

Q: OThe natural rate of unemployment includes: A. Frictional and structural unemployment B. Cyclical…

A: The natural rate of unemployment represents the level of unemployment that exists in an economy when…

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

A: a. In the labor force (x) = 20 millionOut of the labor force (y) = 5 million b. Unemployment rate is…

Q: When the unemployment rate A. is greater than; equals OB. is less than; is less than OC. is less…

A: Unemployment refers to the term referring to individuals who are employable and actively seeking a…

Q: What is likely to happen to unemployment rates when a country experiences an economic boom? A.…

A: The issue here is to comprehend the impact of a period of prosperity on joblessness rates in a…

Q: Which of the following data is cheapest to collect A. Canadian Census data on unemployment B. None…

A: Wheb talking about collection of data, there are different sources to gather information for a…

Q: Disguised

A: In an economy, unemployment can be classified into different types based on the reason behind the…

Q: Calculate the unemployment rate and the labor force participation rate in the following cases: a.…

A: Labor force = Unemployed people + Employed people. Unemployment rate = (Unemployed / Labor…

Q: Full employment: O a. will always include some unemployment. O b. exists when everyone in the labor…

A: The employment is the total amount of people who are in the labor force and are engaged in full time…

Q: The unemployment which is in excess of the NAIRU is called _____. A.seasonal unemployment…

A: Answer: NAIRU: The non-accelerating inflation rate of unemployment (NAIRU) refers to the level of…

Q: Where on the Business Cycle are we most likely to find the highest unemployment? A) Expansion B)…

A: Unemployment: - unemployment is that portion of the labor force that is able to do work and looking…

Q: work, has searched fo a job, found few prospects, and has left the labor force is considered: A BU C…

A: Unemployment is simply the scenario whereby somebody who is able and willing to work , can't find…

Q: A. Define a "discouraged worker" B. Indicate what may be happening in the economy when the…

A: Answer: A. Discouraged workers: Discouraged workers are the unemployed workers who have stopped…

Q: Current state of unemployment in KSA.

A: The unemployment rate usually relates to the number of persons who are unemployed, actively looking…

Q: Because of adverse weather during the winter, Kara has been laid off from her job. She is available…

A: Unemployment: In this situation, a person searching for a job is unable to find it.

Q: From the information about economy of country A.  Find the following :   Find the unemployment…

A: Unemployment rate: The number of the labor force out of the total labor force that is seeking for a…

Q: 104 100 LRAS, A LRAS₂ B SRAS, SRA AD,

A: Productive capacity is the maximum possible outcome a economy can produce from its resources and…

Q: Demand deficient unemployment is the result of: Select one: O A Changes in the pattern of demand in…

A: Demand deficient unemployment refers to the unemployment which occurs when there is insufficient…

Q: 1. Labor Force A. When the labor force is seeking employment but cannot find it B. The total number…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: The table gives information about the Canadian labour market in 2014. Labour Market Data What is the…

A: Unemployment is a situation where the individual belonging to the labor force, is looking and…

Q: a. Explain the difference between the unemployment rate and the labor force participation rate.

A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…

Q: In February 2020 the number of unemployed in the U.S. was 5.8 million and the unemployment rate was…

A: Given that there existed unemployment in Feb 2020 and there were vast majority of  people who remain…

Q: 2. If the ratio of marginal utility to price for steak is 2.67 and if the patron increases the…

A: Utility is the total satisfaction recived while consuming a good or service, which is obtained by…

Q: ple. (need t

A: Unemployment refers to the individuals who are in turn employable and are also actively seeking a…

Q: the real wage rate is defined as the wage rate divided by a. nominal GDP. b. the money supply. C.…

A: The real wage means what the nominal wage can buy.

Q: Emily works at a bar. She was laid off due to the detrimental effects of the coronavirus on the…

A: The term unemployment refers to condition where people who are actively searching for a job cannot…

Q: A mild period of falling incomes and rising unemployment is called a:       A.  business cycle…

A: The period of boom and bust is the alternating periods of economic development and decline is the…

Q: Frictional unemployment refers to  Select one: a. unemployment from people changing jobs and…

A: The objective of the question is to identify the correct definition of frictional unemployment from…

Q: Frequent job changes A. increase cyclical unemployment. B. decrease frictional unemployment. C.…

A: Frequent job changes refer to a scenario where individuals frequently switch jobs within a short…

Q: How can the poverty Rate of Development Nations be reduced? Write in four or more paragraphs

A: When a person is not able to fulfill his basic needs , he will be said poor .For example-Persons not…

Q: Q3 The relationship between inflation and unemployment is___ Select one: a. the Higher the…

A: Inflation is defined as general increase in the price level. Due to general increase in price level,…

Q: c. Unemployment Rate d. Labor Force Participation Rate

A: Civilan non-institutionalized working age population is that portion of the total population who are…

Q: Analyze the unemployment rate between country A and b Country A data Year Unemployment Rate (%)…

A: Those who are willing to do the jobs at the given wage rate but still not getting the job are said…

Q: In France's economy there are 171 people in the labor force. France has a separation rate of 80%…

A: The natural rate of unemployment refers to the unemployment rate which occurs in the healthy…

Q: The natural rate of unemployment is   a. when the economy is at potential GDP.   b. when the…

A: The natural rate of GDP occurs when there is full employment ie everyone who is willing to work has…

Q: 2. Number of people • Working age population • Unemployed • Employed 3,000 100 1,900 • What is the…

A: Size of labour force= employed + unemployed                                      = 1900+100…

Q: In the short run, an increase in the quantity of money in the economy causes: a. A decrease in…

A: Quantity of money is the amount of money available with the people of the society.

Q: Identify the types of unemployment, (a) based on the information i. Kate lost her job due to changes…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: If for any reason, the wages are pulled above the equilibirum wage level then it can cause   a.…

A: Unemployment refers to a situation where people who are willing to work but can not find job. It is…

Q: 18. Labor unions can lead to: a. an increase in hysteresis. b. an increase in cydical unemployment.…

A: In a labor market, a union can lead to higher wage demand and the employers thus are forced to…