If the unemployment rate is 4 percent, it does not follow that the employment rate is 96

Question:

If the unemployment rate is 4 percent, it does not follow that the employment rate is 96 percent. Explain why.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

See More Books

Question Posted: Feb 12, 2016 07:10 AM

See More Questions

The inflation rate is 6 percent a year, the unemployment rate is 4 percent, and the economy is at full employment. The Fed announces that it intends to slow the money growth rate to keep the...
In an economy, the natural unemployment rate is 4 percent and the expected inflation rate is 3 percent a year. Draw a graph of the short-run and long-run Phillips curves that display this...
When we discussed unemployment in Chapter 30, we noted that people will search a long time to find a good job. So it might only take you two weeks to find a minimum wage job, but it might take you...
Is CSCH3CO2 ionic or covalent ? Name it QUESTION 7 Is rubidium dichromate ionic or covalent ? Write its formula QUESTION 8 s copper m suhde soric or covaent write its formula QUESTION 9 Is vanadium...
You have just started a program of selling gift certificates at your store. In the first month, you sold $7,000 worth and customers redeemed $2,300 of these certificates for merchandise. Your average...
Jim found that the p-value in his study was less than .01. He says, This means that my null hypothesis is false. My findings are strong enough to replicate. a. Why are both of Jims statements...
P(z > 2.55) Find the indicated probability using the standard normal distribution. If convenient, use technology to find the probability.
Assume that your aunt sold her house on December 31 and that she took a mortgage in the amount of $10,000 as part of the payment. The mortgage has a quoted (or nominal) interest rate of 10 percent,...
Calculate the electric field 1 . 0 m from a small sphere with a positive charge of 3 . 2 x 1 0 -3 C . Describe the direction as outwards or inwards.
You recently received a letter from your Uncle Sammy. A portion of the letter is presented below. You know that I have a significant amount of money I saved over the years. I am thinking about...
What is the difference between the employment rate and the labor force participation rate?
What criteria must be met in order for a person to be characterized as being unemployed?
Suppose that v1 and v2 are any two vectors from Cm. Prove the following set equality. ({v1, v2}) = ({v1 + v2, v1 - v2})
Robert Careless was injured while working on the production line on July 8,2018. He received the following payments as a result of his serious injury: During 2018, Robert earned $\$ 16,000$ in...
Design a function that accepts an array and the arrays size as arguments, and returns the largest value in the array. The method should use recursion to find the largest element.
Design a function that uses recursion to raise a number to a power. The function should accept two arguments: the number to be raised and the exponent. Assume that the exponent is a nonnegative...
On August 15, 2015, Outkast Co. invested idle cash by purchasing a call option on Counting Crows Inc. ordinary shares for $$360$. The notional value of the call option is 400 shares, and the option...
You have $$10$,000 to invest for 5 years. Your local bank has the following accounts available: Account 1 for $$500$ or over: 5.5 percent per year simple interest Account 2 for $$2$,000 or...
For the following system of equations, solve for x 2 and y using the matrix methods of this section, and then solve for x and y. x 2 + y = 2 2x 2 y = 10
On March 31, 2018, Gardner Corporation received authorization to issue $30,000 of 9 percent, 30-year bonds payable. The bonds pay interest on March 31 and September 30. The entire issue was dated...
Bill Jones's parents insisted that Bill buy himself a new sport shirt. Bill's father gave specific instructions, saying the shirt must be in "good taste, that is, neither too wildly colored nor too...
A farmer must decide what combination of seed, water, fertilizer, and pest control will be most profitable for the coming year. The local agricultural college did a study of this farmer's situation...
Identify the alternatives, outcomes, criteria, and process for the selection of your college major? Did you make the best choice for you?
es Hart, Attorney at Law, experienced the following transactions in Year 1, the first year of operations: 1. Accepted $16,600 on April 1, Year 1, as a retainer for services to be performed evenly...
Dahlia Corporation has a current accounts receivable balance of $439,516. Credit sales for the year just ended were $5,503,810. a. What is the receivables turnover? Note: Do not round intermediate...
Why does the organizational structure hold political significance? Provide an in-depth analysis of this concept using examples from both academic literature and real-world instances. Additionally,...

If the unemployment rate is 4 percent, it does not follow that the employment rate is 96

Question:

Step by Step Answer:

The unemployment rate is calculated by dividing the number of une...View the full answer

Economics

Students also viewed these Economics questions