ECO 372 Week 2 Worksheet | eBooks | Education

ECO 372 Week 2 Worksheet

ECO 372 Week 2 Worksheet PLDZ-8045
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ECO 372 Week 2 Worksheet 

https://plus.google.com/u/0/108200033792883877670/posts/dWT4sDYbQKM

 

ECO 372 Week 2 Worksheet

 

Complete the Worksheet.

Click the Assignment Files tab to submit your assignment.

Week 2 Worksheet

 

 

 

    1. What are discouraged workers? Are there likely to be more discouraged workers when the economy is booming or when the economy is in recession?

 

 

 

 

 

 

 

 

    1. Even when the economy is strong, there will be some people who are unemployed because they recently entered the labor force or lost/left a job and are engaged in job search. What does this imply about the economy’s natural or full-employment rate of unemployment? Be specific.

 

 

 

 

 

 

 

    1. Use the hypothetical data in the table below to calculate the Labor Force (in millions) and the rate of unemployment (as a percentage) in each year.

 

 

 

 

Unemployed             Employed

Year 1         9.6 million          150.4 million

Year 2         12.4 million        142.6 million

Year 1

Labor Force =                                   unemployment rate =

Year 2

Labor Force =                                   unemployment rate =

 

 

ECO 372 Week 2 Worksheet https://plus.google.com/u/0/108200033792883877670/posts/dWT4sDYbQKM ECO 372 Week 2 Worksheet Complete the Worksheet. Click the Assignment Files tab to submit your assignment. Week 2 Worksheet What are
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