6. Lina and Sandra graduated, each with a degree in mechanical engineer, Lina decided to start traveling the world with no intent to work as an engineer, while Sandra is still being interviewed at different companies. " Lina is not in labor force while Sandra is unemployed Lina is unemployed while Sandra is almost employed Sandra is not in labor force while Lina is unemployed O Lina and Sandra are both unemployed

6. Lina and Sandra graduated, each with a degree in mechanical engineer, Lina decided to start traveling the world with no intent to work as an engineer, while Sandra is still being interviewed at different companies. " Lina is not in labor force while Sandra is unemployed Lina is unemployed while Sandra is almost employed Sandra is not in labor force while Lina is unemployed O Lina and Sandra are both unemployed

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Unemployment

Section: Chapter Questions

Problem 1PA

See similar textbooks

Similar questions

What is the difference between being unemployed and being out of the labor force?
Are U.S. unemployment rates distributed evenly across the population?
What is frictional unemployment? Give examples of frictional unemployment.
Assess whether the following would be counted as unemployed in the Current Employment Statistics survey. A husband willingly stays home with children while his wife works. A manufacturing worker whose factory just closed down. A college student doing an unpaid summer internship. A retiree. Someone who has been out of work for two years but keeps looking for a job. Someone who has been out of work for two months but isnt looking for a job. Someone who hates her present job and is actively looking for another one. Someone who decides to take a part time job because she could not find a full time position.
Many college students graduate from college before they have found a job. When graduates begin to look for a job, they are counted as what category of unemployed?
Why do you mink the U.S. experience with inflation over the last 50 years has been so much milder than in many other countries?
What is structural unemployment? Give examples of structural unemployment.
While unemployment is highly negatively correlated with the level of economic activity, in the real world it responds with a lag. In other wands, firms do not immediately lay off workers in response to a sales decline. They wait a while before responding. Similarly, firms do not immediately hire workers when sales pick up. What do you think accounts for the lag in response time?
What criteria do the BLS use to count someone as employed? As unemployed?
What forces create the natural rate of unemployment for an economy?