A CNN announcer reports that the unemployment rate is 6.7%. This report is most likely prepared by a _____ and is an example of a _____ statement.   Question 36 options:   A)  macroeconomist; positive   B)  microeconomist; normative   C)  microeconomist; postive   D)  macroeconomist; normative

Suppose an economy is experiencing the following rates of unemployment by type.     Rate (%) Cyclically Unemployed 1.5 Frictionally Unemployed 3.3 Structurally Unemployed 2.6   The actual unemployment rate is   Multiple Choice   7.4 percent and the natural rate of unemployment is 5.9 percent.   5.9 percent and the natural rate of unemployment is 7.4 percent.   7.4 percent and the natural rate of unemployment is 10.1 percent.   10.1 percent and the natural rate of unemployment is 7.4 percent

FILL IN THE BLANKS The government utilizes fiscal policies to stimulate aggregate demand and reduce this type of unemployment. When the government subsidizes programs to train workers in new skills because of changes in technology, it is trying to reduce the amount of                   unemployment. If the government reduces the number of weeks an unemployed worker can collect unemployment insurance payments, then it is likely that                unemployment numbers would decrease. There is a relationship between a nation’s unemployment rate and its production which is represented by Okun’s Law. The law predicts that that for every 1% increase in unemployment there will be a                  decrease in gross domestic product (GDP).

No Plagirism Please! 15. Formulate reasons as to why a recession might occur. Then, hypothesize how total economic output and prices will behave in the years following the recession. 16. Explain the three main types of unemployment experienced within an economy. Provide at least one example demonstrating each type of unemployment

In a country with a working-age population of 20 million, 13 million are employed, 1.5 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The labour force participation rate is       1)  75.5 percent.   2)  72.5 percent.   3)  65 percent.   4)  57.5 percent.   5)  14.5 percent.

This question focuses on the labor market and unemployment using the most recent U.S. data. The adult population (N) of the U.S. is approximately 259 million. The labor force is approximately 162.5 million and the number of employed workers (E) is approximately 156.5 million.   What is the unemployment rate? What is the labor force participation rate? Both are lower than 2010 U.S. values (u2010 = 9.6% and LFPR2010 = 64.9%) Give two plausible reasons why each labor market indicator is lower in 2018.