FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In order to improve the living standards of the people in Philippines after the devastating typhoon Haiyan, the government decided to increase the labour wage

In order to improve the living standards of the people in Philippines after the devastating typhoon Haiyan, the government decided to increase the labour wage per hour from AUD 17.50 to AUD 25.00. Also, Philippines experienced structural unemployment and frictional unemployment.

What is the hardest type of unemployment that Philippines experienced as a result of typhoon Haiyan? Explain your answer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Behavioral Economics

Introduction to Behavioral Economics

Authors: David R. Just

1st edition

0470596228, 978-0470596227

More Books

Students also viewed these Economics questions

Question

★★★★★
The following data show the number of occupants in passenger cars observed during one hour at a busy intersection in Los Angeles (69). Suppose it can be assumed that these data follow a geometric...

Answered: 1 week ago

Question

★★★★★
A 5.0-cm-diameter metal ball has a surface charge density of 10 C/m 2 . How much work is required to remove one electron from this ball?

Answered: 1 week ago

Question

★★★★★
Self-Acceptance and Avoidance For healthy self-esteem, its important to know your weaknesses so that you can find creative ways to work around them. However, its also important to cope with your...

Answered: 1 week ago

Question

★★★★★
Following is a set of situations that may or may not involve sampling. 1. An auditor is examining loan receivables at a local bank. The population of loans contains two strata. One stratum is...

Answered: 1 week ago

Question

★★★★★
will give thumbs up! please help What is the cross-over rate of the following two projects? Year o CFS -$3,200 CFL -$3,000 O a. 12.25% 1 $1,500 $1,300 2 $1,450 $1,050 3 $900 $1,100 4 $1,000 $1,200 5...

Answered: 1 week ago

Question

★★★★★
Ramer and Knox began a partnership by investing $ 7 5 , 0 0 0 and $ 1 0 5 , 0 0 0 , respectively. The partners agreed to share net income and loss by giving annual salary allowances of $ 5 7 , 5 0 0...

Answered: 1 week ago

Question

★★★★★
2. (10 points) The curve is the intersection of the plane x = -1 and the cone z = x + y. Find the curvature of y at the point (-1,2,5). 22

Answered: 1 week ago

Question

★★★★★
[6] Question 4: [20 Marks] The signal x(t) has the Laplace transform X(s) = 14 s(s+4) 2 [6] (a) Find the LT of y(t) = x(21-3) [8] (b) Find the LT of y(1) = tex(1) (c) Find the LT of y(t) = 1...

Answered: 1 week ago

Question

★★★★★
1.Goodyear implemented the DRII/NFPA 1600 approach. What strategies can be utilized to make sure recovery starts quickly, perhaps even while the incident is ongoing? 2.Please explain how the five...

Answered: 1 week ago

Question

★★★★★
8. A tire manufacturer has been concerned about the number of defective tires found recently. To evaluate the true magnitude of the problem, a production manager selected 10 random samples of 20...

Answered: 1 week ago

Question

★★★★★
Target Market(s) and Positioning OF OZTENT ( an Australian company) An analysis of the Oztent target market in particular shows differentiation from 20-29 years (18%), 30-54 years (47%), 55+ years...

Answered: 1 week ago

Question

★★★★★
11A decrease in the equilibrium interest rate and an increase in the equilibrium quantity of loans made would result from: Select one: a.a decrease in excess reserves. b.an increase in excess...

Answered: 1 week ago

Question

★★★★★
3. In what way can preconceptions affect what we perceive in new situations?

Answered: 1 week ago

Question

★★★★★
7. List examples from your everyday situation where using the CI strategy could have provided a better solution in a communication situation than the solutions you chose.

Answered: 1 week ago

Question

★★★★★
6. What is meant by: accessibility carries greater weight than relevance?

Answered: 1 week ago

Previous Question Next Question