In the Phillips Curve diagram below, the economy is currently at its non- accelerating inflation rate of unemployment with an inflation rate of L. Inflation (%) A B C D L M 0 S LRPC SRPC2 SRPC1 NAIRU T Unemployment (%) Which one of the following is least likely to reduce the non-accelerating inflation rate of unemployment? Measures to increase the mobility of labour Measures to improve the availability of job information An increase in spending on education and training A rise in aggregate demand

Suppose that in a population of 200 million persons, 150 million are in the labor force and 120 million are employed. Then the unemployment rate for this economy is:  A) 20 percent B) 40 percent C) 60 percent D) 80 percent

In each of the following scenarios, indicate which parameter in the Search and Matching Model of Unemployment might change in that scenario and why and whether it will increase or decrease. Using the two graphs outlined in the Notes on Search and Matching unemployment, indicate what happens to the Beveridge, Definition, WS, and JC curves (in both a wage-tightness graph and a vacancies-searchers graph) and steady state θ, w, v and s in response to the change in the parameter. State in words which curve shifts and in what direction and what happens to the steady state equilibrium variables. Drawing a graph is desirable but not necessary. a. The appearance of LinkedIn.com allows employers to post open positions on the webstie and to find suitable workers to hire faster. b. Sectoral shifts in the economy become more frequent so that different jobs (industries) are destroyed more often.

Please show me step-by-step explanations, please. Thank you.

Which of the following would impact the Natural Rate of Unemployment?   Question 7 options:   All Answer Options   A penalty fee for businesses that fire or layoff workers   A workplace safety policy that raises business operation costs   The availability of job information

Suppose there are 180 million employed people and 20 million unemployed people.  a) What is the unemployment rate?  b) Suppose that 5 million unemployed people give up their search for jobs and become  discouraged workers. What is the new official unemployment rate?

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Do not round any of your answers. Steady-State Unemployment Problem Suppose the rate of job finding (a) is 0.357, while the rate of job separation (B) is 0.018. If there are 100,000 people in the (fixed) labor force and 5,000 of them are unemployed, the unemployment rate is currently equal to percent. Given the values for a and B, the number of people who find a job this month will equal and the number of people who lose or leave a job this month will equal Because there are (more/fewer) people finding a job than losing or leaving one, the rate of unemployment is expected to change until it reaches the steady-state equilibrium value of

Use the FRED database (https://fred.stlouisfed.org/) to find out what happened to theprice of oil (WTISPLC) and the New Zealand unemployment rate(LRUNTTTTNZQ156S) in 2022. What does our model of labour marketdetermination predict will happen to the natural unemployment rate when oil pricesincrease? What is the consequence for inflation given these developments, and why(Be careful to distinguish between the natural and actual unemployment rate)

Suppose that Julie is laid off because she works at the last automobile manufacturer in Virginia, which has just closed. Julie makes $30 per hour because of her skills in auto making. However, the closest places Julie can relocate to which require that skill are Texas, Mississippi, or Michigan. Because she takes care of her elderly mother, she cannot move. Which of the following types of unemployment is she experiencing?Give reason  Group of answer choices Frictional unemployment Cyclical unemployment Structural unemployment Demand-pull unemployment