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Tutors please help! 1. Explain the economic policy that was passed after the cyclical unemployment of the Great Depression. 2. Use the BLS measure of

Tutors please help!

1. Explain the economic policy that was passed after the cyclical unemployment of the Great Depression.

2. Use the BLS measure of determining the unemployment rate. If a nation has 120 million employed people and 15 million unemployed people, what is the unemployment rate?

3. Explain why the unemployment rate is seasonally adjusted.

4. Why does an economy that has full employment have frictional, seasonal, and structural unemployment but not cyclical unemployment?

5. Why was Jim the philosophy major an example of someone who is underemployed?

6. What does income distribution tell economists?

7.) If you could reboot the planet, what would you do in order to reduce income inequality?

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