If people dropped out of the labor force because they could not find work, what would this

Question:

If people dropped out of the labor force because they could not find work, what would this do to the unemployment rate? Why?

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

Step by Step Answer:

Related Book For book-img-for-question

Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

See More Books

Question Posted: Oct 07, 2023 11:21 PM

See More Questions

Workers left their jobs at historic rates, with a record 4.5m quits at the end of November but it happened against an economic picture that remains difficult to interpret. 2021 was the year of the...
Create an introduction as well as a conclusion for the following below Purpose of motivation in the workplace The concept of motivation has a central position across the field of psychology....
Read the below article and provide feedback using the QQC (Quote, Question, Comment) Model. Quote: Select a phrase or concept from the article and share what stood out and why. Question: What...
Consider the following scenario. Each day, a butcher buys a 200-kilogram pig for $360. The pig can be processed to yield the following three products: Day 1 The butcher buys a pig. The $360 joint...
Keepsake Gifts, Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for the highest and lowest levels of...
The following information is available for Robstown Corporation for 20Y8: Instructions 1. Prepare the 20Y8 statement of cost of goods manufactured. 2. Prepare the 20Y8 income statement. Inventories...
Which event(s) in Exercise 6 can be considered unusual? Explain your reasoning. Data from Exercises 6 Basketball player Dwight Howard makes a free throw shot about 56% of the time. Find the...
Janet Lopez is establishing an investment portfolio that will include stock and bond funds. She has $720,000 to invest, and she does not want the portfolio to include more than 65% stocks. The...
what ways does Process Safety Management contribute to the development of a safety culture within an organization? Examine the challenges and strategies for fostering a proactive safety mindset among...
When the economy is at full employment, is the unemployment rate at zero percent? Why or why not? How would a more generous unemployment insurance system affect the full employment figure?
Does the overall unemployment rate offer an accurate picture of the impact of unemployment on each U.S. population group?
The door has a uniform weight of 50 lb. It is hinged at A and is held open by the 30-lb weight and the pulley. Determine the angle for equilibrium. A k = 200 N/m wwwww 0 40 Nm 0.5 m
Aquaspore Limited sells advanced technology wetsuits for a price of $2600 each. The company has a profit target this year of $122,000 and is considering increasing sales commissions in an effort to...
At The Luminary, the markup on a halogen light fixture is 50% based on selling price. What is the corresponding percent markup based on cost? If the markup on a fluorescent light fixture transformer...
Define theories that explain optimal decision-making in capitalizing firms (using debt versus equity)
Nova Corporation gives Tell Corporation 29,940 of its no par value common shares in exchange for a parcel of land which it intends to build a factory. At the time of the transaction Nova's shares...
Glory Enterprises quality control report for August contains the following items: Liability costs associated with defective products Disposal costs of defective products failing inspection Disposal...
Refer to Apples financial statements in Appendix A to answer the following. 1. Are its financial statements consolidated? How can you tell? 2. What is the amount of comprehensive income for the year...
Hotel Majestic is interested in estimating fixed and variable costs so that the company can make more accurate projections of costs and profit. The hotel is in a resort area that is particularly busy...
What happens to the equilibrium price and quantity of ice cream in response to each of the following? Explain your answers. a. The price of dairy cow fodder increases. b. The price of beef decreases....
Consider the following graph in which demand and supply are initially D and S, respectively. What are the equilibrium price and quantity? If demand increases to D', what are the new equilibrium price...
Consider the following graph in which demand and supply are initially D and S, respectively. What are the equilibrium price and quantity? If demand increases to D', what are the new equilibrium price...
Can you provide a comparison between or differentiate database and data warehousing? Explain and discuss the architecture of data warehousing? 3. What are the three primary components of data...
Families of police officers often alter information they hear about officers who die in the line of duty. This allows them to live and function while their loved one is engaged in a potentially...
What is an accurate observation about pricing in today's business environment? Explain.

If people dropped out of the labor force because they could not find work, what would this

Question:

Step by Step Answer:

The unemployment rate would decrease The unemployment rate is ca...View the full answer

Economics A Contemporary Introduction

Students also viewed these Business questions