subject
Business, 12.07.2021 18:40 anthonylopez1

Suppose that unemployed workers find jobs at the rate of 15% per period and the job separation rate for employed workers is 5% per period. Assume the size of the labor force is fixed at 1000. At period t=0, number of unemployed Uo = 200 and employed Eo = 800. Calculate the following (Round up to ONE decimal place it needed. Enter only numbers) (a) What is the unemployment rate at t=1 in percentage? (b) What is the natural (steady state) unemployment rate in percentage? (c) Starting from the steady state where the unemployment rate is at its natural rate, suppose that suddenly the job finding rate falls to 10% and separation rises to 8%, what will be the unemployment rate of one period after in percentage?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:40
Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at
Answers: 3
question
Business, 23.06.2019 00:30
Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.
Answers: 2
question
Business, 23.06.2019 01:00
Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,000 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,000 from hopkins. on july 10, the entry or entries gideon makes to record the recovery of the bad debt is
Answers: 1
question
Business, 23.06.2019 05:10
Explain the chemical change the causes corrosion
Answers: 1
You know the right answer?
Suppose that unemployed workers find jobs at the rate of 15% per period and the job separation rate...
Questions
question
Geography, 26.01.2021 23:30
question
English, 26.01.2021 23:30
question
Mathematics, 26.01.2021 23:40
question
Mathematics, 26.01.2021 23:40
question
Mathematics, 26.01.2021 23:40