At the same time the unemployment rate remained at 8.3., Ask an Expert

Economics

a. In early March we received the news that in February the economy added 227,000 new jobs, exceeding expectations. At the same time the unemployment rate remained at 8.3%. Use your understanding of the labor market to explain how these two things could happen at the same time.

b. Briefly explain in your own words the things that government can do to reduce the unemployment rate.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9463766

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question suppose two bonds apple inc and samsung

Question: Suppose two bonds (Apple Inc. and Samsung Electronics Co., Lid) are traded in the bond market and Ms. Wilson needs your advice on which one to buy. For the Apple bond, there is a probability of 60% (hat this bo ...

Question assume there are only two producers of tennis

Question: Assume there are only two producers of tennis rackets: Wilson and Prince. The market demand for tennis rackets is depicted by the algebraic formula P = 100 - Q, where P stands for price and Q stands for quantit ...

Question during 1983 1984 and 1985 the dollar was

Question: During 1983, 1984, and 1985, the dollar was overvalued and kept rising. During that period, real imports rose $160 billion and real exports rose only $27 billion, while real GDP rose an average of 5.1% per year ...

Question assume a firm has an inaccurate or inadequate

Question: Assume a firm has an inaccurate or inadequate performance measurement system. What types of decision errors might this cause the firm to make? Be specific, using personal workplace examples if you have any. The ...

Question why does longo use salespeople instead of price

Question: Why does Longo use salespeople instead of price tags? Why not just offer cars at a fixed discount under the sticker price? Or why not be like the General Motors Saturn and advertise a no bargaining policy? The ...

Question a friend convinces you that she has a great idea

Question: A friend convinces you that she has a great idea for a business, and the two of you incorporate. You supply her with funds and let her make all of the executive decisions. Under the agreement you hold 30 percen ...

Question economic homework please help1 identify and

Question: Economic homework, please help 1. Identify and explain the positive attributes and negative consequences of Neoliberalism for women in developing countries (a.k.a. Third World countries or the Global South). (A ...

Question in 1964 and 1965 a 20 reduction in personal and

Question: In 1964 and 1965, a 20% reduction in personal and corporate income tax rates was followed by a budget surplus. In 1982 and 1983, a 20% reduction in personal and corporate income tax rates was followed by a budg ...

Question oil prices have risen temporarily due to political

Question: Oil prices have risen temporarily, due to political uncertainty in the Middle East. An advisor to the Fed suggests, "Higher oil prices reduce aggregate demand. To offset this we must increase the money supply. ...

Question 1 explain the logic underlying the law of one

Question: 1. Explain the logic underlying the law of one price and the theory of purchasing power parity. 2. How will a decrease in the federal goverment's budget deficit affect the equilibrium interest rate in the bond ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert