Calculate the following rates of unemployment and size of the labor force from the following data: frictional unemployment = 20; structural = 30; cyclical = 40; discouraged workers = 10; under employed = 25; employed workers = 375.
Answer to relevant QuestionsFill in the missing cells to raise national income by $100, assuming MPC = 0.80. You have to have a workable investment project to make a profit. That's under your control. But political risk, which affects profitability of any project, is not under your control. Explain. What are the five principal properties of a good money form? Explain why Canada gets by without a legal reserve requirement. What were "Continental Notes" and "Greenbacks," and what did they--unfortunately--have in common?
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