Illustrate Measuring unemployment
Illustrate Measuring unemployment?
Expert
1. The population is divided into three groups: those under age 16 or institutionalized, that not in labour force and the labour force that includes those ages 16 and over who are willing and able to work.
2. The unemployment rate is defined as the percentage of the labor force that is not employed.
3. The unemployment rate is calculated by random survey of 60,000 households nationwide.
a. Part-time workers are counted as “employed.”
b. “Discouraged workers” who want a job, but are not actively seeking one, are not counted as being in the labor force, so they are not part of unemployment statistic.
Illustrations of opportunity costs which you might or will have incurred would comprise: (i) severe injuries suffered within an accident since you failed to buckle up. (ii) the income you could earn when you were not in school. (iii) time spent studyi
Describe the Personal distribution of income?
How can we compute operating leverage?
What are the reasons for change in expanded production possibilities with women?
What do you mean by Graphs?
Transaction costs to ultimate consumers are reduced if: (w) consumers travel long distances to buy directly from manufacturers quite than buying the goods at local retail stores. (x) intermediaries generate income while conveying goods from manufactur
Illustrate a summary of what can cause a decrease in demand?
Which of the given is not a characteristic of a perfectly competitive market structure: w) there are a very huge number of firms which are small compared to the market. x) All firms sell the same products. y) There are no restrictions to entry through
Write down the common factors influencing capital structure?
Fiscal Policy:Public or government finance is a field of economics. This deals with budgeting the revenues and expenditures of government (i.e., or public sector). It is regarding the identi
18,76,764
1934781 Asked
3,689
Active Tutors
1461053
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!