Macroeconomics
11th Edition
ISBN: 9781260506891
Author: Colander
Publisher: MCG
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Question
Chapter 6, Problem 4QAP
(a)
To determine
Appropriate
(b)
To determine
Appropriate unemployment target rate.
(c)
To determine
Measures to counteract the unemployment.
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During the initial months of the COVID pandemic, the number of unemployed people in the State of Illinois peaked at 1,108,211 in April 2020. By December 2021, the number of unemployed in Illinois had dropped down to 324,510 people. What is the overall percent decrease in the number of unemployed people in Illinois from April 2020 to December 2021? Please round your answer the nearest percent. Show your work.
Not all groups in our society experience equal opportunity to work. The purpose of this discussion board is to allow you to research and explain the causes of disparity between current total U.S. unemployment and the unemployment rate for a demographic of your choice. Do not just list unemployment rates. Explain what causes the rates for the demographic of your choice to be different from the National average.
Visit the Bureau of Labor Statistics website. What is the current national unemployment rate? Find the unemployment rate for the demographic group that best fits a description of you (for example, based on age, sex, and race) or choose a demographic group of interest. Is the rate for that demographic higher or lower than the national average? What are some reasons for the differences? Do some research in support of what you present. What factors contribute to the differences?
Covid-19 caveat: The Pandemic did not necessarily impact all demographics in the same way.
Which of the following combinations would increase unemployment in an economy?
Select one:
a) High interest rate, low taxes
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d) High interest rate, low government spending
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Chapter 6 Solutions
Macroeconomics
Ch. 6.1 - Prob. 1QCh. 6.1 - Prob. 2QCh. 6.1 - Prob. 3QCh. 6.1 - Prob. 4QCh. 6.1 - Prob. 5QCh. 6.1 - Prob. 6QCh. 6.1 - Prob. 7QCh. 6.1 - Prob. 8QCh. 6.1 - Prob. 9QCh. 6.1 - Prob. 10Q
Ch. 6 - Prob. 1QECh. 6 - Prob. 2QECh. 6 - Prob. 3QECh. 6 - Prob. 4QECh. 6 - Prob. 5QECh. 6 - Prob. 6QECh. 6 - Prob. 7QECh. 6 - Prob. 8QECh. 6 - Prob. 9QECh. 6 - Prob. 10QECh. 6 - Prob. 11QECh. 6 - Prob. 12QECh. 6 - Prob. 13QECh. 6 - Prob. 14QECh. 6 - Prob. 15QECh. 6 - Prob. 16QECh. 6 - Prob. 17QECh. 6 - Prob. 18QECh. 6 - Prob. 19QECh. 6 - Prob. 1QAPCh. 6 - Prob. 2QAPCh. 6 - Prob. 3QAPCh. 6 - Prob. 4QAPCh. 6 - Prob. 5QAPCh. 6 - Prob. 1IPCh. 6 - Prob. 2IPCh. 6 - Prob. 3IP
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