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Author Question: Find the BLS's rate of unemployment from the following data: frictional unemployment = 150, ... (Read 47 times)

Yi-Chen

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Find the BLS's rate of unemployment from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000.
 a. 17.5 percent
  b. 23.3 percent
  c. 24.6 percent
  d. 28.8 percent
  e. 38.3 percent

Question 2

Contractionary fiscal policy is deliberate government action to influence aggregate demand and the level of real GDP through:
 a. expanding and contracting the money supply.
  b. encouraging business to expand or contract investment.
  c. regulating net exports.
  d. decreasing government spending or increasing taxes.



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aidanmbrowne

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Answer to Question 1

e

Answer to Question 2

d




Yi-Chen

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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