Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Real jobless rate well above 20% as indicated by (Australian's) Adam Creighton (The Guardian, 30 May 2017) (see the article attached at the end of

"Real jobless rate well above 20%" as indicated by (Australian's) Adam Creighton (The Guardian, 30 May 2017) (see the article attached at the end of the assignment).

a)Discuss the reason for this claim.Explain why it is not easy to measure the hidden unemployment in an economy. (3 marks)

b)Briefly discuss the major reasons for unemployment to fall 4.9% in June 2021 even amid the Coronavirus pandemic in Australia.(2 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Step: 2

Step: 3

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

Portfolio Management In Practice Volume 1

Authors: CFA Institute

1 Edition

1119743699, 978-1119743699

Students also viewed these Economics questions

Question

★★★★★

Briefly explain why lossless compression is used to compress data (symbols, numbers, and characters) for storage or transmission.

Answered: 1 week ago

Question

★★★★★

An important step in the manufacture of chemical fertilizer is the production of ammonia, according to the reaction: N2 + 3H2 2NH3 a. Calculate the equilibrium constant for this reaction at 150C. b....

Answered: 1 week ago

Question

★★★★★

As Kimura reached extreme old age, he knew that the time he had left was growing very short. What thoughts might he have had as he contemplated his own impending death?

Answered: 1 week ago

Question

★★★★★

On July 1, Year 1, Danzer Industries Inc. issued $40,000,000 of 10-year, 7% bonds at a market (effective) interest rate of 8%, receiving cash of $37,282,062. Interest on the bonds is payable...

Answered: 1 week ago

Question

★★★★★

1 0 . The Yang family plans to buy a new house soon and is considering mortgage options. They are considering two options, a 1 5 - year mortgage with an APR of 6 . 3 % or a 3 0 - year mortgage with...

Answered: 1 week ago

Question

★★★★★

You are a member of an independent consulting firm that specializes in serving the restaurant industry. Unlike many consulting firms that are extensions of audit firms, your firm has serious and in...

Answered: 1 week ago

Question

★★★★★

Write a regular expression that can match a string that starts with at least 2, but no more than 4 digits, contains substrings aa or bb followed by at least one digit. However, the string cannot end...

Answered: 1 week ago

Question

★★★★★

The risk-to-adoption relationship can be considered ___. 1 point Both positively and negatively correlated Negatively correlated Positively correlated There is no relationship

Answered: 1 week ago

Question

★★★★★

A ___________ provides the greatest degree of continuity of the business. Question 14 options: Cooperative Corporation Sole Proprietorship Partnership

Answered: 1 week ago

Question

★★★★★

Washington Times columnist Gene Mueller writes about fishing and other outdoor sports activities. Mueller said that while interest groups express concern about the impact of saltwater anglers on fish...

Answered: 1 week ago

Question

★★★★★

Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1, 2025, for $12,400. They expect to use the...

Answered: 1 week ago

Question

★★★★★

Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in...

Answered: 1 week ago

Question

★★★★★

lol https://youtu.be/mdn9-7IpTiU

Answered: 1 week ago

Previous Question Next Question