Recent Posts • Latest Topics • Unanswered Questions

Consider the following scenario. Initially the economy has 90 million people working, 10 million ...

Ruweyda97

wrote...

Go to Answer

Posts: 311

Rep:

5 years ago

Consider the following scenario. Initially the economy has 90 million people working, 10 million ...

Consider the following scenario. Initially the economy has 90 million people working, 10 million people unemployed, and 20 million people not in the labor force. Then prospects for the economy improve. Five million people who previously were not in the labor force now join the 10 million previously unemployed in looking for work. For now, the economy remains with 90 million workers. What happens to the unemployment rate?

Textbook

Foundations of Macroeconomics

Edition: 8^th

Authors: Bade, Parkin

Read 25 times

3 Replies

Report

Replies

Answer verified by a subject expert

hiitssky

wrote...

Posts: 210

Rep:

5 years ago

More solutions for this book are available here

1 Vote

withoutyoung

Report

Related Topics

Ruweyda97 Author

wrote...

5 years ago

Thank you for helping me with my quiz

Report

hiitssky

wrote...

5 years ago

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1215 People Browsing

125 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

255

336

315

Your Opinion

Previous poll results: What percentage of nature vs. nurture dictates human intelligence?

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.