What are THREE (3) conditions necessary for a person to be considered unemployed?

Q: What is the inflation-free interest rate?

A: Interest rate is that percentage of investment that the lender receives for letting the borrower to…

Q: calculate the inflation rate for 2012 and 2013.

A:

Q: suppose a family income increases by 3 percent at the same time that inflation is 0 percent   what…

A: If an income of a family increases by 3% but the inflation rate is 0% i.e. unchanged. This implies…

Q: What is the difference between being unemployed and being out of the labor force?

A: The total labor force in an economy consists of all those people who are employed as well as…

Q: current rate of inflation using PCE

A: Rate of inflation = Percentage change in the PCE index.

Q: What are the impacts of inflation for borrowers and savers

A: The impact of inflation on borrowers: It permits the borrowers to pay back the money, whose value…

Q: When you lose your job looking due to bad economic times and there are few jobs available you are…

A: Given the four types of unemployment,  Frictional unemployment occurs when people change jobs.…

Q: 4) Suppose the number of employed people in an economy is 6,532,451. The unemployment rate in this…

A: Labor force = unemployed + employed  Let's denote unemployed as X => Labor force = X + employed…

Q: Define what full employment means.

A: Full employment refer to a situation when all the resources are fully employed at their normal…

Q: how do I define “full employment” ?

A: Factors of production are the resources that are necessary to produce goods and services, they are…

Q: Why should the unemployment rate matter to employers?

A: Unemployment refers to the situation when individual willing to work and actively seeking employment…

Q: Unemployment could cause this economy to produce at which point(s)?

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

Q: James has lost his job and has been unemployed so long that he no longer activly seeks employment.…

A: Unemployed means a person of working age population wants to work but not getting work full time or…

Q: How should the situation be rectified to return to full employment

A: When discussing short-term changes in aggregate demand or supply, it can be claimed that these…

Q: rker from Michigan looking for a new job in California. A drama school graduate who gives up looking…

A: ‘Unemployment’ refers to a situation where people are ready for the job but unable to find it. The…

Q: Describe what is Inflation-free interest rate?

A: Interest rate refers to percentage of investment that the lender receives for letting the borrower…

Q: Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at…

A: The formula is: Value in x year dollars =value in y year dollarCPI of y year dollar×CPI of x year…

Q: What is the Inflation factor?

A: Inflation is the abnormal increase in the general price level of the economy. When there is…

Q: What was the rate of inflation between 2015 and 2016?

A: As given CPI for three years, using 2016 as the base year:  1. 2015: 108 2. 2016: 100 3. 2017: 94…

Q: Inflation rate for the developed country (New Zealand).

A: Inflation rate refers to the rate at which the price of the goods and service increases in a nation.…

Q: How do higher gasoline prices contribute to inflation?

A: Inflation: It refers to the rise in the general price level of goods and services traded in the…

Q: (i)Given that 2019 is the base year, calculate the CPI for 2020 and determine the inflation rate…

A: The inflation rate is the rate of increase or the rate of increase in the normal price of selected…

Q: what do you understand about unemployment rate among young graduates?

A: Unemployment is referred to be a situation whereby a person who has the ability to work and is also…