Question : 51) If 27 million people employed and 3 million people : 1384346

Economics

51) If 27 million people are employed and 3 million people are unemployed, what is the unemployment rate?

A) 11%

B) 89%

C) 10%

D) 90%

E) Not able to determine from the information provided

52) Which of the following is the best example of frictional unemployment?

A) A worker is laid off because his firm has to reduce production due to reduced demand.

B) A worker quits her current job to search for a better one.

C) An ironworker cannot find a job in Ottawa because all job vacancies are in Alberta.

D) Bank tellers are unable to find jobs due to technological advances in the banking system.

E) Inflationary pressures have led to higher wages for all jobs.

53) Which of the following is the best example of cyclical unemployment?

A) A worker is laid off because his firm had to reduce production due to reduced demand.

B) A worker quits her current job to search for a better one.

C) An ironworker cannot find a job in Ottawa because all job vacancies are in Alberta.

D) Bank tellers are unable to find jobs due to technological advances in the banking system.

E) Inflationary pressures have led to higher wages for all jobs.

54) Economists expect some unemployment to exist even at times of “full employment” for, among others, the following reasons:

1) actual GDP is rarely equal to potential GDP;

2) as the economy changes, the structure of the existing labour force is not the same as the structure of labour demand;

3) people entering the labour force typically take some time to find a job.

A) 1 only

B) 2 only

C) 3 only

D) 2 and 3

E) 1 and 2

55) The unemployment rate will understate the true amount of unemployment if

A) the unemployment rate is rising.

B) crime, divorce, and social unrest are all positively correlated with unemployment.

C) the official unemployment figure excludes discouraged workers who have stopped actively looking for work.

D) the labour force has grown more rapidly than output.

E) the actual unemployment rate is greater than the natural rate of unemployment.

56) Cyclical unemployment is associated with

A) changes to the economy’s industrial structure resulting from growth in some industries and decline in others.

B) an output level different from the economy’s potential output.

C) differences between the characteristics of the supply of labour and the demand for labour.

D) people entering the labour force typically take some time to find a job.

E) people quitting their present jobs to look for other jobs.

57) Workers with experience and skills sometimes lose their jobs and become unemployed due to changing technology or market conditions, even while firms in other industries or regions are looking to hire more workers. This type of unemployment is called

A) cyclical unemployment.

B) frictional unemployment.

C) historical unemployment.

D) natural rate of unemployment.

E) structural unemployment.

58) Workers with marketable skills sometimes quit a job and become unemployed, with the expectation of soon finding a better job. This type of unemployment is called

A) cyclical unemployment.

B) frictional unemployment.

C) historical unemployment.

D) overly-optimistic unemployment.

E) structural unemployment.

59) Suppose the unemployment rate is 8.5% and we know that frictional and structural unemployment together account for 5.5%. The cyclical unemployment rate is then

A) 14%.

B) 8.5%.

C) 5.5%.

D) 3.0%.

E) -3.0%.

60) If the cyclical unemployment rate is negative, then the

A) economy is operating beyond full employment.

B) economy is operating at less than full employment.

C) frictional unemployment rate is negative.

D) frictional unemployment rate is greater than the structural unemployment rate.

E) real-wage unemployment rate is negative.

Continue to order Get a quote

July 1, 2023

Paula Plaintiff's Really Bad Week, Part 1

Introduction

In this assignment, you’ll need to decide whether Paula Plaintiff has any legal claims arising from a series of unfortunate events. After reading the scenario, answer the questions that follow, making sure to fully explain the basis of your decision.

Paula Plaintiff is shopping at her favorite store, Cash Mart. She is looking for a new laptop, but she can’t find one she likes. Then, realizing that she is going to be late for an appointment, she attempts to leave the store, walking very fast. However, before she can leave, she is stopped by a security guard who accuses her of shoplifting. Paula, who has taken nothing, denies any wrong doing. The officer insists and takes Paula to a small room in the back of the store. The guard tells Paula that if she attempts to leave the room she will be arrested and sent to jail. At this point, the guard leaves the room. Paula is scared and waits in the room for over an hour until the manager comes in and apologizes and tells Paula that she is free to go.

About this same time, Geoffrey Golfer is hitting golf balls in his backyard. Geoffrey decides to break out his new driver and hits a golf ball out of his backyard into the Cash Mart parking lot. The golf ball hits Paula Plaintiff on the head and knocks her unconscious just as she is leaving the store.

Instructions

In a 6–10 paragraph paper, answer the following questions:

· What types of legal claims could Paula make against Cash Mart and Geoffrey? Consider the following:

o What are the possible tort claims that Paula can make against Cash Mart? Discuss the elements of the claim and how those elements relate to the facts in the scenario.

o Was Geoffrey negligent when he hit the golf ball that injured Paula? Discuss the elements of negligence and use facts from the scenario to support your decision.

o If Paula files a negligence claim against Geoffrey will she file in civil court or criminal court? Explain the difference between civil court and criminal court.

You will create and submit your assignment by using the ecree link. Just click on the link and start writing. Your work will be saved automatically. You’ll see some feedback on the right-hand side of the screen, including text and videos to help guide you in the writing process. When you’re ready, you can turn in your assignment by clicking Submit at the bottom of the page.

Click the assignment link to start your assignment in ecree. Please note that ecree works best in Firefox and Chrome.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.

In addition to your textbook, you have access to Nexus Uni through the Strayer University Library. Please take advantage of this excellent legal resource!

The specific course learning outcome associated with this assignment is:

· Determine if a plaintiff can make legal claims based on the events in a given scenario.