Elaborate this statement? The most clear instances of compulsory joblessness are those with less work opportunities than
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The most clear instances of compulsory joblessness are those with less work opportunities than jobless specialists in any event, when wages are permitted to change thus regardless of whether all opening were to be filled, a few jobless laborers would in any case remain. That occurs with repeating joblessness, as macroeconomic powers cause microeconomic joblessness, which can boomerang back and intensify those macroeconomic powers. The most clear instances of compulsory joblessness are those with less work opportunities than jobless specialists in any event, when wages are permitted to change thus regardless of whether all opening were to be filled, a few jobless laborers would in any case remain. That occurs with repeating joblessness, as macroeconomic powers cause microeconomic joblessness, which can boomerang back and intensify those macroeconomic powers.
Expert Answer:
Answer rating: 100% (QA)
The statement is touching on the issue of unemployment and how it can be a cyclical problem influenc... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these business communication questions
-
b) Differentiate the given sample questions into either open ended or closed ended questions. [10 Marks] Question 1. What kind of experience did you enjoy when used this type of product? 2. Why did...
-
A new Xerox copier costing $400,000 has a life of 5 years with no salvage value. The facility will generate the following annual cash flows: Year Cash Flows 1 $120,000 2 $200,000 3 $100,000 4...
-
Elaborate this statement? The most clear instances of compulsory joblessness are those with less work opportunities than jobless laborers in any event, when wages are permitted to change thus...
-
A 0.831-g sample of SO3 is placed in a 1.00-L container and heated to 1100 K. The SO3 decomposes to SO2 and O2: At equilibrium the total pressure in the container is 1.300 atm. Find the values of Kp...
-
Diageo is a United Kingdom (UK) consumer products firm, best known in the United States for the following brand names: Smirnoff, Johnnie Walker, J&B, Gordon's, Guinness, Pillsbury, and...
-
DNA 4 U Company offers legal consulting advice to prison inmates. DNA 4 U Company prepared the end-of-period spreadsheet at the top of the following page at April 30, 2012, the end of the current...
-
On January 1, 2007, Harrah's Entertainment, Inc. acquired a 70 percent interest in the company that owned Emerald Safari Resort for \($592\) million in cash and stock. Harrah's is now part of...
-
Kristi Williams offers family counseling services specializing in financial and marital problems. A chart of accounts and a trial balance taken on December 31, 20--, follow. Information for year-end...
-
Blue Spruce Ltd. purchases units of wood frames that have manufacturer's rebates from Swifty Inc. The rebate requires Blue Spruce to purchase a minimum number of units ms calendar year The sitial...
-
Elizabeth Burke wants to develop a model to more effectively plan production for the next year. Currently, PLE has a planned capacity of producing 9,100 mowers each month, which is approximately the...
-
Nowell Incorporated had the following stock issued andoutstanding at January 1, Year 2: 1. 100,000 shares of no-parcommon stock. 2. 23,000 shares of $50 par, 5 percent, cumulativepreferred stock. ( 1...
-
Go to https://www.diversityinc.com/ and search for three organizational-level best practices in recruiting and retaining a diverse workforce. Explain why you selected each of these best practices and...
-
Emergency Medicine plays a vital role in the health care continuum in the United States. Michael Porters' five forces model of industry analysis provides an insight into the economics of emergency...
-
1. Movie: Wall Street (1987). In the initial, in-person meeting between Bud Fox (Charlie Sheen) and Gordon Gekko (Michael Douglas), Bud provides Gekko with information about Bluestar Airlines. Bud...
-
Simplify. 4. 3 4 -214 Write your answer without parentheses.
-
Summarize Open office vs. Individual office space with the below reference: https://www.washingtonpost.com/business/2018/07/18/open-office-plans-are-bad-you-thought/ success.ThePerspective....
-
7. 2.7 2.7 For the great depths that may be en- countered in the ocean the compressibility of sea- water may become an important consideration. (a) Assume that the bulk modulus for seawater is...
-
1. Advertising for eyeglasses _________ (increases/decreases) the price of eyeglasses because advertising promotes _________. 2. An advertisement that succeeds in getting consumers to try the product...
-
Bill and Guilda each own 50 percent of the stock of Radiata Corporation, an S corporation. Guilda's basis in her stock is $25,000. On July 31, 2012, Bill sells his stock, with a basis of $40,000, to...
-
Phil and Linda are 25-year-old newlyweds and file a joint tax return. Linda is covered by a retirement plan at work, but Phil is not. a. Assuming Phil's wages were $27,000 and Linda's wages were...
-
Your supervisor has asked you to research the following situation concerning Owen and Lisa Cordoncillo. Owen and Lisa are brother and sister. In May 2012, Owen and Lisa exchange business pickup...
-
Wesley Parks Pencil Company is considering the purchase of a new machine to make pencils. The cost of the machine is \($248,000\). The pencil machine has an estimated useful life of 10 years and an...
-
Sylvia Heains Catering Service is considering the purchase of new energy-efficient cooking equipment. The cost of the new equipment is \($78,000\). The equipment has an estimated useful life of eight...
-
George Gonzalez Construction Company is considering the purchase of a new road grader. The cost of the road grader is \($68,000\). The road grader has an estimated useful life of seven years and an...
Study smarter with the SolutionInn App