Structural unemployment refers to the unemployment due to (a) people changing from one job to another. (b) non-availability of work throughout the year. (c) cyclical nature of businesses. (d) mismatch between the jobs available and the skill levels of the unemployed
Q: Suppose that the interest rate is 2 percent. Instructions: Round your answers to 2 decimal places.…
A: Future Value refers to the value of a certain asset or of a series of cash flows which have been…
Q: 2.6 Isabel runs her family's small pineapple processing plant, which takes fresh pineapples and cuts…
A: The marginal cost curve, a visual representation in economics, illustrates the incremental cost a…
Q: Suppose honey is produced in a beehive using bees and sugar. Each honey producer uses one beehive…
A: “Since you have posted a question with multiple sub-parts, we will provide the solution only to the…
Q: benefit-cost analysis has been conducted for water quality regulation. Consider the marginal benefit…
A: Marginal benefit is the change in total benefit when an additional unit of product is consumed.…
Q: Figure 1 shows the short-run cost curves of a toy producer. The market has 1,000 identical producers…
A: In a perfectly competitive market structure there exists a large number of producers and consumers…
Q: Question 86 (1 point) Main Content Figure 10-3 Price Qmarket optimum Supply (Private Cost) Social…
A: The objective of the question is to understand the representation of the shaded triangle in the…
Q: Aaron, an insurance agent, meets with his long-time client Samantha, a 59-year-old paralegal because…
A: NOTE:- “Since you have posted multiple questions, we will provide the solution only to the first…
Q: The steps involved in calculating the consumer price index, in order, are as follows: * Choose a…
A: The objective of the question is to identify the correct sequence of steps involved in calculating…
Q: marginal net benefit
A: In the realm of economics, Marginal Net Benefit (MNB) signifies the contrast between the added…
Q: At the conclusion of a marketing study for the POW! Patrol mobile game, you've settled on an optimal…
A: The monetary gain or benefit consumers receive when they can purchase a good or service for a price…
Q: The graph below shows the MB of pollution control (which is known) and the MAC of pollution control,…
A: Marginal benefit curve : Marginal benefit usually declines as a consumer decides to consume more of…
Q: Consider the following two-period model of dynamically efficient extraction of a non-renewable…
A: The social marginal cost of extraction refers to the additional cost that is imposed on society as a…
Q: To simplify the algebra, assume that both the grey and the yellow lines are equal to 100 in 1980 and…
A: "As per the policy, we can provide solution to the the first three subparts. Kindly raise the…
Q: The following costs were estimated from steel operations in the US and Japan by Peter Marcus in…
A: Cost refers to the sum of money that is incurred in the process of the production of a good or the…
Q: Price of Gasoline 20 Price Celling Quantity of Gasoline Refer to Figure 6-4. With a price ceiling…
A: A price ceiling is the price set by the government which is the maximum that should be charged to…
Q: On July 30 an analysis of the general ledger of Biomet Device Inc's shows the following credit…
A: On July 30, an analysis of the general ledger of Biomet Device Inc. shows the following credit…
Q: Suppose MPL = 20 and MPK = 40 and the rental rate on capital is $10. If the level of production is…
A: The objective of the question is to find out the wage rate in an efficient level of production given…
Q: Which best defines the situation by local governments in the American federal system? UG31 O They…
A: The question is asking to identify the correct statement that defines how local governments are…
Q: Granite Tops for You uses each. What is the company's fixed cost? B) $500 A) $250,000 Which of the…
A: Cost refers to the resources used, sacrificed, or expended to produce a good or service. It is the…
Q: Laguna Memorial Hospital (LMH) buys $800,000 in Personal Protective Equipment (PPE) each year from…
A: The Laguna Memorial Hospital purchases protective equipment for $800000. The Colorado Medical Supply…
Q: S D Q (b) Copy and correctly label the diagram to the left indicating the values of (i) the world…
A: Import quota and tariffs are the two main trade restrictions available to the authorities to…
Q: 10. A company produces a product using two inputs: labor (L) and capital (K). The price of labor…
A: Total product (TP) is the total amount of output that a firm produces in a given period of time…
Q: 15 caricature artists must decide whether to operate outside the aquarium (location A) or at the…
A: Many aspects of modern civilization are influenced by game theory, from pricing strategies and…
Q: Suppose that the government spending, G, increases. Using your answers in (1b), determine and…
A: Production function:Production is a function of land labor capital and entrepreneurship. It…
Q: Which one of the following is not the most likely measure the Government/RBI takes to stop the slide…
A: The exchange rate refers to the price of a currency in terms of another currency. It is useful in…
Q: Consider the following transferable utility cooperative game: N = {1,2,3} and v({1})= 2, v({2}) = 4,…
A: As the name suggests, cooperative game theory is the theory in game theory, under which coalitions…
Q: Which of the following causes the short-run aggregate supply curve to shift to the right? O A. an…
A: The short-run aggregate supply (SRAS) curve represents the relationship between the price level and…
Q: You manage a large retail supercenter that sells groceries and other products to 30,000 customers…
A: "As per the policy, the first three subparts can be answered. Kindly raise the question again and…
Q: Which of the following factors don’t affect the demand for a commodity? [A] Price of commodity [B]…
A: The current inquiry includes grasping the elements that impact the interest in a commodity in the…
Q: The following graph shows the market for cars in 2010. Between 2010 and 2011, the equilibrium price…
A: A demand curve shows the inverse relationship between price and quantity demanded, keeping other…
Q: What is the aggregate of the gross balances of primary income of all resident institutional units…
A: Identifying the Answer:-Understanding financial markers and their definitions is pivotal for…
Q: 1. Consider the Roy model, where workers in France are deciding whether to mi- grate to the United…
A: Roy's model is a framework for analyzing the comparative advantage. According to this model, workers…
Q: i will 10 upvotes urgent Picabo borrows $1,000. To repay the amount she makes 12 equal monthly…
A: This can be described as a rate of interest that stated interest rate on a loan or investment…
Q: Drag and drop the approprate label into the appropiate spot on the genearlized long-run average cost…
A: The long-run average cost (LRAC) is a concept used in microeconomics to explain the average cost per…
Q: a) The current machine should be replaced [[(Click to select) b) The equivalent AW for the next…
A: The concept of equivalent annual worth (AW) is a way of comparing the annual cash flows of different…
Q: In 2017, in proposing a $1 trillion increase in government spending on infrastructure, President…
A: These questions asked us analyzing the impact of increased federal spending involves identifying…
Q: Consider the following model of a very simple economy. Household saving and investment behavior…
A: Equilibrium occurs when demand and supply are in equilibrium. The level of income is determined by…
Q: d. Now suppose there is perfect information in this market, so anyone can look at a used car and…
A: Producer surplus is the total benefit that is earned by the producer from selling their product. It…
Q: When does a currency appreciate or depreciate in value? How do the laws of supply and demand shape…
A: The value of a currency appreciates or depreciates based on various factors such as inflation,…
Q: Explain the significance of tariff, quota, protective tariff, revenue tariff, protectionists, free…
A: The movement of goods, services, and capital across national borders that promotes economic…
Q: Consider an economy in which there is one consumer born at the start of each time period. Each…
A: A finite economy is one that has limited resources and has a known endpoint. An infinite economy is…
Q: A manufacturer and a retailer are evaluating to form a supply chain (i.e. to act like a single…
A: Demand is the desire of an individual ability and willingness to pay for a product. The demand is…
Q: 7. Two machines are considered for purchase. Assume 10% interest, Use Benefit Cost analysis. Machine…
A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…
Q: Which of the following is a major difference between the AD-AS model and the dynamic AD-AS model?…
A: The objective of the question is to identify the key difference between the Aggregate…
Q: When a realtor helps with a property transaction, they are compensated by taking a certain…
A: Gross domestic product is a fundamental economic indicator that reflects the total value of all…
Q: 4. A pretzel manufacturer is considering buying another pretzel-making machine that costs $100,000.…
A: The objective of this question is to determine whether the manufacturer should invest in a new…
Q: country where wine is difficult to grow. The demand for wine is given by p = $480 - .2Q, where p is…
A: The objective of the question is to find the output of Grinch in equilibrium. In a Cournot duopoly,…
Q: If the spot price of gold is $250 per ounce and the risk-free rate of interest is 10 percent per…
A: The forward price of a commodity, such as gold, can be calculated using the formula:Where:F is the…
Q: a) In generating their forex forecasts, NAB economists would have made a number of assumptions.…
A: Certainly, when generating forex (foreign exchange) forecasts, economists make several assumptions…
Q: According to the aggregate demand and aggregate supply model, in the long run a decrease in the…
A: The question is asking about the long-term effects of a decrease in the money supply according to…
Qs 22: Structural
(a) people changing from one job to another.
(b) non-availability of work throughout the year.
(c) cyclical nature of businesses.
(d) mismatch between the jobs available and the skill levels of the unemployed.
Step by step
Solved in 3 steps
- Q-2 Compute the (a) Number of unemployed, (b) Unemployment-rate, (c) Population, and (d) Labor force participation rate, using this data: Number of employed = 480 million Not in labour torce = 125 million Number of Labour force = 625 millionHello, i have posted this question many times in chegg, but every time people answering this question to use ai tool like chatgpt, please dont use gpt and other ai tool. Provide me original answers with proper explanations. thank you. Qs 22: Structural unemployment refers to the unemployment due to (a) people changing from one job to another. (b) non-availability of work throughout the year. (c) cyclical nature of businesses. (d) mismatch between the jobs available and the skill levels of the unemployed.(iv) (v) The Labour Force Participation rate. The “official" unemployment rate. 987,156 Currently Working 9845 (ages 13-14) looking for work 23,000 volunteer workers 12,000 (ages 15) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hrs a week 234 Self-Employed 67,432 (ages 23-25) looking for work | 6543 Discouraged Workers 67,890 laid off receptionists looking for work 544,321 (ages 16-20) looking for work Current population is 5654 Temp Workers 543 recent university graduates that are going back to graduate school 6,000,000 5000 armed forces 3500 institutionalized
- Year 2017 2018 2019 Unemployment Rate 11.63% 9.1% 8.0% Inflation Rate 4.39% 3.73% 3.91% Economic Growth Rate 1.0% 1.94% 0.70% Examining the variables (unemployment, inflation and economic growth) across the three years determine the impact of an increase in minimum wage from $6,200 in 2017 to $7,000 in 2018.Your salary is currently $95,000. The CPI last year was 220 and the CPI today is 235. What should your new salary equal once it is adjusted for inflation? Question 10 options: a) $101,477 b) $98,921 c) $96,000 d) $99, 5571. Find (a), (b), (c), (d), (e), (f). Show work. Labor-Force Unemployment Country Adult Population Labor Force Employed Unemployed Participation Rate Rate Japan 265,788 (a) |101,000 8,684 (b) (c) France (d) 66,809 (e) 2,977 (f) 57.41
- 1) The data of unemployment is given below: - Employed population is 42.5million - Participation rate is 65% - Labor force is 50million Note: You are asked to find: a) Unemployment rate? b) Working-age population?Given the following data of monthly salary of an employee : (i) Calculate the real monthly income for each year. (ii) In which year did the employee have the highest purchasing power? (iii) How much salary should he have earned in each of the years to give him the same purchasing power as in the year of his highest real income? year Monthly Salary ($) |Price Index (1997 = 100) 15,000 15,500 16,000 16,500 17,000 %3D 2000 2001 115 120 2002 130 2003 138 2004 144 2005 18,000 150(a) Department of Statistics of Malaysia has collected the following data for year 2020 and 2021: |Population Employed Unemployed 2020 32.60 millions 15.096 millions 0.504 millions 2021 34.30 millions 15.53 millions 0.643 millions i. Calculate Malaysia's labour force for year 2020 and 2021. Calculate Malaysia's unemployment rate for year 2020 and 2021. ii. Calculate Malaysia's labour-participation rate for year 2020 and 2021.
- urgent , no plagiarism The following statements refer to the CPI and the GDP deflator. Which one is CORRECT? The CPI rises when the price of intermediate goods purchased by firms increases. The inflation rate calculated using the CPI is always higher than that obtained with the GDP deflator. The CPI takes into account the prices of all goods and services produced in an economy. The GDP deflator does not reflect the rise in prices on imported final goodsQuestion 2 Part (a) Refer to the table below for a very simple economy producing three goods: education, pizzas and cars. Steel panels are needed for car production, cheese is necessary for making pizzas and projectors are used for educational service. Product Steel panels Education Cars Cheese Pizzas Projectors Quantity 40 400 400 2500 2500 4000 2017 Price $5000 $1000 $10000 $1.50 $9.00 $2000 Quantity 50 450 500 3500 3500 5000 2022 Price $6000 $1100 $12000 $1.50 $12.00 $3000 What is the nominal GDP for the economy in 2022? What was the nominal GDP in 2017? What is the real GDP in 2022 using 2017 prices as base year prices? What is the overall real GDP growth rate between 2022 and 2017? Part (b) Assume for an economy, there are 11.5 million people employed, unemployment rate is 5.2%, labor force participation rate is 64%, number of defence force personnelRequired: Using the following data calculate:(i) The number of persons employed. (ii) The number of persons unemployed. (iii) The labour force. (iv) The Labour Force Participation rate. (v) The “official” unemployment rate.
