Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Oct 2017 My Price 4.00

unemployment rate

In January 2008, the U.S. unemployment rate dropped to 4.9%. Oddly, employment also fell from the prior month. How was this possible? 3. A country with a civilian population of 90,000 (all over age 16) has 70,000 employed and 10,000 unemployed persons. Of the unemployed, 5,000 are frictionally unemployed and another 3,000 are structurally unemployed. On the basis of this data, answer the following questions:

 

a. What is the size of the labor force?

b. What is the unemployment rate?

c. What is the natural rate of unemployment for this country?

d. Is this economy in recession or expansion? Explain.

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Oct 2017 09:10 PM My Price 4.00

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