This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is unemployment and what is the unemployment rate? What are the costs of unemployment? What ... (Read 74 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jun 29, 2018
What is unemployment and what is the unemployment rate? What are the costs of unemployment?
 
  What will be an ideal response?

Question 2

When an Australian citizen enjoys military protection in Australia without contributing to the cost of Australia's defense budget, then
 
  A) this citizen is a free rider.
  B) Australia is a free rider.
  C) this citizen receives no benefits if Australia is attacked.
  D) Australia's defense budget will run out of funds.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 29, 2018
Answer to Question 1

Unemployment refers to someone who is without a job but who is actively looking for work. The unemployment rate is the proportion of the labor force, which is the people 16 and older who either are working or are looking for work, that is unemployed. The cost of unemployment is the reduced output that could have been made with full employment, as well as the psychological costs to the unemployed.

Answer to Question 2

A


dmcintosh

  • Member
  • Posts: 517
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Exercise increases the heart rate. Exercise increases the heart rate.
Situations Causing Changes in Respiratory Rate Situations Causing Changes in Respiratory Rate
Fertility, Mortality, and the Net Rate of Reproduction in Sweden Fertility, Mortality, and the Net Rate of Reproduction in Sweden
Outgroup role in relative rate test Outgroup role in relative rate test
The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho
Compute the rate of discount allowed on a rotor-tiller that lists for $341.00 and is sold for ... Compute the rate of discount allowed on a rotor-tiller that lists for $341.00 and is sold for ...
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library