True or false: A high participation rate in an economy implies a low unemployment rate. Explain.

Question:

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

Step by Step Answer:

Related Book For book-img-for-question

Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

See More Books

Question Posted: Dec 12, 2015 04:35 AM

See More Questions

True or false: 1. People looking for full-time work who grudgingly settle for a part-time job are counted as employed, even though they are only partly employed. 2. Some people working in the...
True or False: A farmer with a lot of children will find it less costly to harvest his crops than a farmer with no children, since he can put his children to work without pay.
True or False: A small country with widespread starvation would be well advised to concentrate its resources in the production of food rather than in the production of decorative jewelry.
+9.33 x 10 C +91 Find the net force on 92. 0.180 m +4.22 x 10 C +92 0.230 m- -8.42 x 10 C 93 F = force exerted on q2 by 91 F3 = force exerted on 92 by 93 F = 10.9 N F3 = 6.04 N Remember: Forces...
If X is normally distributed with mean 500 and standard deviation 20, find the probability that X will be above 555.
A car originally sold for $25,900. It depreciates exponentially at a rate of 8.2% per year. Nina put $10,000 down and pays $550 per month to pay off the balance. After how many years will her car...
Given the formulation of the free boundary problem for the valuation of an American Put option, \[\begin{aligned}& \frac{\partial P}{\partial t}+\frac{1}{2} \sigma^{2} S^{2} \frac{\partial^{2}...
Name and briefly describe the five product mix pricing decisions.
The powder pattern of a cubic element is represented by the observed sin 20 values: 0.1202, 0.238, 0.357, 0.475, 0.593, 0.711, 0.830 made with Cu Ka radiation. Use spreadsheet below to (1) index the...
Based on the data for the years 1962 to 1977 for the United States, Dale Bails and Larry Peppers obtained the following demand function for automobiles: t = 5807 + 3.24Xt r2 = 0.22 se = (1.634) where...
What are two major factors contributing to increased inequality in wages? Briefly, why do these factors raise wage inequality? Contrast possible policy responses to increasing inequality in terms of...
What are the costs of a high unemployment rate? Do you think providing more generous government benefits to the unemployed would increase these costs, reduce these costs, or leave them unchanged?...
What are some positive outcomes of decision-making for an organization? What are some possible negative outcomes?
Using real-world examples, evaluate the effects of a tariff, or an international subsidy, or a quota on a specific market for the different stakeholders in an economy.
Express each complex number in its polar form. $\sqrt{3}+j$
Solve the IVP. Do not use Laplace transformation. $\ddot{y}-y=t^{2}-\cos t, \quad y(0)=\frac{1}{2}, \dot{y}(0)=0$
Using real-world examples, discuss the merits of free trade versus protectionism.
Write the expression in the form $D \sin (\omega t+\phi)$. $3 \sin \omega t-\cos \omega t$
Gives a value of sinh x or cosh x. Use the definitions and the identity cosh 2 x - sinh 2 x = 1 to find the values of the remaining five hyperbolic functions. sinh x 3 4
The first national bank pays a 4% interest rate compound continuously. The effective annual rate paid by the bank is __________. a. 4.16% b. 4.20% c. 4.08% d. 4.12%
Suppose the demand for French bread rises. Explain what happens to producer surplus in the market for French bread. Explain what happens to producer surplus in the market for flour. Illustrate your...
It is a hot day, and Bert is thirsty. Here is the value he places on a bottle of water: Value of first bottle..... $7 Value of second bottle.....5 Value of third bottle.....3 Vale of fourth...
It is a hot day, and Bert is thirsty. Here is the value he places on a bottle of water: Value of first bottle..... $7 Value of second bottle.....5 Value of third bottle.....3 Vale of fourth...
What are the Compliance-Based Codes of Ethics and Value-Based Codes of Ethics? Why are they important in International Ventures? Describe why responsible sourcing is included in many organizational...
What are the cultural factors that affect International Markets? What should be on the checklist while understanding the Target Cultures?
SECTION B (40 MARKS) Jim is a gardener to the Browns. The lawnmower recently stopped working and he spoke to Mrs. Brown about getting a replacement. Mrs. Brown was going to the USA and opted to buy...

True or false: A high participation rate in an economy implies a low unemployment rate. Explain.

Question:

Step by Step Answer:

False The participation rate is equal to the labor force the sum of employed and unem...View the full answer

Principles of Economics

Students also viewed these Economics questions