Question

. Which of the two measures (unemployment or underemployment) can best represent the labor market situation...

. Which of the two measures (unemployment or underemployment) can best represent the labor market situation in countries like Afghanistan? What are your reasons? (you could compare the limitations of both measures/definitions, and assess how realistic they are for low-income countries like Afghanistan).

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Unemployment can represent the labour market situation in Afghanistan .Unemplyment rate in Afghanistan is expected to reach 12.50 percent by the end of 2020. The reason for choosing unemplyment to represent the labour force market is the increaaing rate of unemployment .

Underemployment occurs when people who are available and looking for work and unable to find employment.

Underemplyment occurs when a person does not work full tine or takes a job that does not reflect their actual training and financial needs.

The burden of paying for education and fees reqires money and paying higher prices for goods and services are disproportionally felt by those for whom money is tightest.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Unemployment and Inflation Two of the biggest issues in macroeconomics are inflation and unemployment. Policymakers would...
Unemployment and Inflation Two of the biggest issues in macroeconomics are inflation and unemployment. Policymakers would like to keep both of these measures low. Often, however, there is a tradeoff between the two. A strong economy that lowers unemployment can put upward pressure on prices. A weak economy that lowers inflation can increase unemployment. We currently have the benefit of both very low unemployment and inflation. But things could change and it’s good to have policy plans in place before...
1. The employment and unemployment data is published by the Bureau of Labor Statistics. Please go...
1. The employment and unemployment data is published by the Bureau of Labor Statistics. Please go to bls.gov Select Economic Releases Tab Click on Employment and Unemployment Monthly Click on Employment Situation (HTML) under Monthly data Click on Employment Situation Summary Table A, seasonally adjusted (second item in table of contents) Please answer the following questions a) What is the unemployment rate in May 2019 (The June 2019 data will be published on July 5th. See the economic indicators calendar:...
The table below presents labor market data for three countries. All population values are in millions....
The table below presents labor market data for three countries. All population values are in millions. Country Working-age population Labor force Employed Unemployed Unemployment rate (%) Labor-force participation rate (%) Japan 106 61 5 France 31 7 51.67 Germany 77 48 12.5 Instructions: For the last two columns, enter your responses as percentages rounded to one decimal place. Instructions: Round your answers for the working-age population, labor force, employed, and unemployed to the nearest whole number. a. Fill in the...
33. Monthly labor market reports issued by the Bureau of Labor Statistics primarily are based upon:...
33. Monthly labor market reports issued by the Bureau of Labor Statistics primarily are based upon: (a) initial claims for unemployment insurance reported by the 50 states; (b) the National Income and Product Accounts; (c) an Establishment Survey and a Household Survey; (d) data collected by each of the 12 Federal Reserve Banks. 34. In recent years, the labor force participation rate in the United States is closest to: (a) 45%; (b) 65%; (c) 85%; (d) 90%. 35. The top...
Does minimum wage cause unemployment? The minimum wage has evoked controversy since its passage as part...
Does minimum wage cause unemployment? The minimum wage has evoked controversy since its passage as part of the Fair Labor Standards Act of 1938. Proponents of the minimum wage argue that a higher minimum wage will help create jobs, grow the economy, help the war on poverty, and will reduce wage inequality. Its critics stress that the minimum wage causes unemployment, hurts the economy, and actually harms the low-income people that were supposed to be helped. These are clearly very...
1. Which one of the following statements can be classified as a generalization? a) Unit 3...
1. Which one of the following statements can be classified as a generalization? a) Unit 3 covers material about generalizations b) Jerry is a nobody c) No one is right all the time d) Obama is nothing but a socialist 2. Which one of the following is useful in questioning whether a cause and effect relationship exists between two actions? a) coincidental correction b) wrong discretion c) disjointed cause of an underlying effect d) genuine but insignficant cause 3. Given...
1. Which of the following statements regarding asset price bubbles is correct? a. For a bubble...
1. Which of the following statements regarding asset price bubbles is correct? a. For a bubble to occur, market participants must disagree about the fundamental value of the asset. b. Some economists believe that bubbles do not exist. c. According to the efficient market hypothesis, bubbles occur when the market misprices the value of an asset. d. The market can easily know that is it in a bubble by comparing the market price with the fundamental value of the asset....
Your firm produces two products, and has three consumer types, each of which represent 1/3 of...
Your firm produces two products, and has three consumer types, each of which represent 1/3 of the market. Each consumers’ willingness to pay for each good is given in the following table: Consumer: GOOD 1 GOOD 2 A $600 $100 B $1000 $50 C $350 $150 A) Suppose both goods are produced at zero marginal cost. If the goods cannot be bundled, what is the optimal price to charge for each good? B) If the goods can be bundled, what...
[16] The three major macroeconomic problems are: A) debt, deficits, and taxation. B) unemployment, inflation, and...
[16] The three major macroeconomic problems are: A) debt, deficits, and taxation. B) unemployment, inflation, and taxation. C) unemployment, falling production, and deficits. D) unemployment, falling production, and inflation. [17] The economic term for a resource that is available for production but is not being utilized is: A) idle. B) wasted. C) inefficient. D) unemployed. [18] Being unemployed can: A) cause a person to alter spending patterns and lifestyle. B) affect a person's self-esteem and relationships with others. C) cause...
What distribution best models each situation? (No actual work, just which distribution best models the problem)...
What distribution best models each situation? (No actual work, just which distribution best models the problem) A. According to the Daily Racing Form, the probability is about 0.67 that the favorite in a horse race will finish in the money (first, second or third place). Suppose that you always bet the favorite “across the board”, which means that you win something if the favorite finishes in the money. What probability distribution describes the number of races that you bet until...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT