Economists have observed that as an economy grows the, Ask an Expert

Economics

Economists have observed that as an economy grows the unemployment rate tends to fall. Which statement is most probable to be correct?

1) A decreasing unemployment rate causes economic growth.

2) Economic growth and the unemployment rate are positively correlated.

3) Increased economic growth causes a decline in the unemployment rate.

4) This is likely to be a spurious relationship and there is no real relationship between the unemployment rate and economic growth.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91227124

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question how does having effective performance

Question: How does having effective performance methodologies allow a firm to adequately measure economic performance? What is the role of an effective transfer pricing methodology in allowing effective performance measu ...

Questions1 use graphs to explain the following concepts11

Questions 1 Use graphs to explain the following concepts: 1.1 Ben allocates his lunch budget between two goods, pizza and burritos. Illustrate Ben's optimal bundle on a graph with pizza on the horizontal axis. Suppose no ...

Question the demand curve for round trip air transportation

Question: The demand curve for round trip air transportation between cities is given by Q= 5,000P^-0.8 X^0.2 y^0.5 z^.2 where P is price, x is flying time, y is air distance, and z is total population in the two cities. ...

Question in 1955 the last year when social security

Question: In 1955, the last year when social security payments included only old-age payment (before disability), payments totaled $4.9 billion. For 2001, the figure was $433 billion (excluding Medicare, which was anothe ...

Hello could you please explain how to calculate this

Hello, Could you please explain how to calculate this problem? If your tuition is $2,000 this semester, your books cost $400, you can only work 10 rather than 40 hours per week during the 15 weeks you are taking classes ...

Question a competitive firm produces output using three

Question: A competitive firm produces output using three fixed factors and one variable factor. The firm's short-run production function is q = 305 x - 2 x 2 , where x is the amount of variable factor used. The pric ...

Suppose that a worker in grainland can grow either 40

Suppose that a worker in Grainland can grow either 40 bushels of corn or 20 bushels of oats per year, and a worker in Farmfields can grow either 20 bushels of corn or 50 bushels of oats per year. There are 200 workers in ...

Question in an effort to stop the migration of many of the

Question: In an effort to stop the migration of many of the automobile manufacturing facilities from the Detroit area, Detroit's city council is considering passing a law that would give investment tax credits to auto ma ...

Question suppose the capital gains tax rate were cut from

Question: Suppose the capital gains tax rate were cut from 20% to 15%, which boosted the stock market by 5%. Assuming that 20% of the additional gains were realized, calculate the change in capital gains tax receipts und ...

Question you run a tutoring service for economics students

Question: You run a tutoring service for economics students. On half of all days the demand for your service is high, with Q H = 10 - 0.2P Q H is the number of hours you will work if you choose price P. On the remainin ...

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