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What else can I help you with?
What are the factors effecting improve your economy?
There are several factors that can improve the economy. The biggest factor that can improve and economy is a low unemployment factor. When unemployment is falling the economy usually improves.
Why might unemployment not be a concern of the US economy?
Unemployment in the U.S is a huge issue.
Why isn't full unemployment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Is unemployment micro economy?
No it macro environment
What is an acceptable unemployment rate?
5.4% when the economy is good. 9.5% when the economy is in a recession.
Why isn't full employment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Environmental-protection laws can be bad for the economy because they may do what?
Environmental-protection laws can be bad for the economy because they may increase unemployment.
Why is high unemployment a macroeconomic issue?
High unemployment is a macroeconomic issue as it deals with economy and population at large.
Why do economists expect there to be some unemployment in the economy?
Economists expect some level of unemployment in the economy due to factors such as frictional and structural unemployment. Frictional unemployment occurs when individuals are in between jobs or entering the workforce, while structural unemployment arises from mismatches between workers' skills and job requirements. Additionally, natural fluctuations in the business cycle can lead to temporary layoffs and job losses. Overall, a certain level of unemployment is considered normal and healthy for a dynamic economy.
What factors contribute to the level of natural unemployment in an economy?
Factors that contribute to the level of natural unemployment in an economy include the skills and education of the workforce, the efficiency of labor market matching, the level of technological advancement, and the overall health of the economy.
What impact did the crash have on the economy?
-Millions were in debt.-Unemployment had risen
What is president obama doing about the economy and high unemployment?
Nothing
