Could u help me please
Which of the following is not a cause of structural unemployment? * 2 points 0 Increased government spending 0 Globalization 0 Lack of education 0 Development of new technology When the inflation rate increases, what happens to consumer's purchasing 2 points power? * O No one knows O Goes up 0 Goes down 0 Stays the same What is NOT included in the calculation of GDP? * 2 point O Government spending O Exports and imports O Final consumer goods CPI per capita A recession is: * 2 poin O an economic contraction of just 1 quarter. O a prolonged economic contraction of 2 quarters or more. O a period of steady economic growth. O a prolonged economic expansion (6 month increase in GDP). Which of the following is not a cause of seasonal unemployment? * 2 point O Weather O the post-Christmas return line has been serviced completely Development of new technology harvest is completeIf you wanted to compare how productive two different countries are, 2 points what is the best measurement? * Real GDP per capita O CPI Nominal GDP CPI minus base year inflation Which of the following is the best known way to track changes in prices in 2 points the US? * Consumer Price Index Corporate Productivity Index Coroportate Price Index Consumer Productivity IndexWhen a person buys a new construction home, which statement is 2 points correct? * O The sale price of the home minus the amount spent on labor to install the intermediate goods O The sale price of the home AND the prices of goods that went into construction (intermediate goods) O Just the price of the materials and labor to install the intermediate goods is counted O The sale price of the home counts toward GDP Which of the following is an economic goal of every economy? * 2 points Under employment O Racial and gender discrimination O Living in a prosperous location O GrowthWhat is the correct range when the US economy is at full employment? * 2 points Which is NOT a criticism of using the unemployment rate as an economic 2 points indicator? * 0 Change injobtypes O Underemployed workers 0 Discouraged workers 0 Age/Race inequalities Which of the following is NOT counted towards GDP? * 0 $30,000 car made in California and sold in Japan 0 $10 for movie tickets 0 $2,000 COVID stimulus check 0 $15,000 for college tuition at UC Berkley What is full employment? * 0 When all types of unemployment except frictional are present 0 When all types of unemployment except cyclical are present 0 When all types of unemployment are present 0 When all types of unemployment except structural are present Which of the following is correct about consumer goods? * 0 includes nondurable goods combined with net imports 0 includes durable goods but not nondurable goods 0 0. includes nondurable goods only 0 includes durable goods and nondurable goods 2 points 2 points 2 points Write out the formula for GDP - do NOT just use the letters! Either include 8 points a key describing what each letter stands for or write it out using full words it Your answer John was hired as a cashier at Kohl's to assist with the holiday rush on 3 points November 10th. John was let go from his job at Kohl's on January 21st. * Write the type of unemployment for each situation Your answer Todd lost his job because the factory he worked at installed robots to 3 points perform his job * Write the type of unemployment for the situation above. Your answer Ford laid off 3,000 workers due to declining sales during a recession. * 3 points Write the type of unemployment for the situation described: Amy's contract as a project manager for a newly constructed mall ends 3 points when the mall is completed. * Write the type of unemployment for the situation described: Your answer Wild Bill retires from the cattle drive industry and settles down on a piece 3 points of land in North Dakota * Write the type of unemployment for the situation described: Your answer Explain how the business cycle works: - Include all 4 stages in order (start 12 points with whatever stage you want and do a complete cycle from that point (2 points per correct stage). Explain where the 2020 COVlD-19 pandemic would be within the business cycle. *
