A Brief Note On Unemployment And The Unemployment Rate

Diemmi Nguyen Econ102 January 9, 2017 Dr. Nurul Samiul Aman Midterm Exam Question 1 Full employment is when there are enough jobs available so that everyone can work. Full employment does not necessarily mean that the unemployment rate is 0. At full unemployment, there is frictional and structural unemployment. Frictional unemployment is the process of people moving from one occupation to another. Structural unemployment is when the individual do not qualify for the jobs. The definition of ‘full’ employment does not have a clear measured rate due to bad data on job industries. First off, surveys can provide inaccurate data. Secondly, when the demand is high, employers will take chances for people who normally would not qualify for the†¦show more content†¦This relationship will cause an increase in the costs per unit of output of products and goods, causing inflation for the economy. Question 2B Question 3A Date of purchase: $500,000 of shares of stock CPI = 190 One year later: $530,000 price sold CPI = 200 Rate of return = (530,000-500,000)/500,000 = 0.06 = 6% % of inflation = (200-190)/190 = 0.0526 = 5.263 % inflation â€Å"real† rate of return = we paid ($500,000/190) X 100 = $263,158 of shares of stock we received ($530,000/200) X 100 = $265,000 from the sale. So real rate of return = (265,000-263,158)/263,158 = 0.7 % Question 3B The CPI includes some weight of imported goods, while the GDPD does not include the weights of imported goods. In this situation, we are calculating the real rate of return, so we use the CPI because it more accurately expresses the average percentage of price increase of household purchases with income, as well as goods and services. Question 4A The rise increase of inflation expectations lowers the expected real value of future payments to T-note buyers. This makes the current prices less attractive and reducing demand. As a result, the prices of the T-notes will lower, as nominal interest yields increase from 2.8% to 4.2%. Nominal interest before = 0.6%+2.2% = 2.8% Nominal interest after one year = .2%+4% = 4.2% Question 4B Quesetion 5 Labor Productivity = Y/L Y = RGDP and L= hours of labor worked in economy perShow MoreRelatedA Brief Note On Unemployment And Unemployment Rate846 Words   |  4 PagesThere are three major types of unemployment, including frictional unemployment, structural unemployment and cyclical unemployment. Frictional unemployment is the short-term unemployment arising from matching workers with jobs. Structural unemployment is because of more people are seeking for jobs in a particular labor market than there are jobs available at the current wage rate. Cyclical unemployment is due to the business cycle. When an economy goes into a recession, demand for most goods and servicesRead MoreA Brief Note On U.s. 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The Role Of Communication Between Your Customers And...

When someone mentions the word communication, one s thoughts are to turn to a newspaper, the radio, television, or another more common means of communication. One does not usually make the connection between communication and other institutions such as businesses. Good business, however, goes hand in hand with good communication. Good managers and professionals realize that the ability to communicate is not something to play around with, instead is a necessity that helps employees accomplish their work. Management Communications Consultant, John O. Morris, states communication problems grow much faster in any organization than the organization itself grows  . This maxim emphasizes the need for better communication in organizations such†¦show more content†¦The other form of communication is two-way communication. Two-way communication occurs when the customers can respond to the company. One of the biggest type of examples of two-way communication is social media. Social media allows business to send out information to its customers, but also allows the customers to respond. In the business world, good communication is important for the daily operation of the company, sales, and profitability.Communication is the process of sharing information, thoughts and feelings between people through speaking, writing or body language. â€Å"Any business professional must be aware that good communication skills are acquired and learned, even if some people have a natural talent to being better communicators than others† (NISTORESCU 2). A business without good communication can cause the internal and external structure of a business to, face many more challenges and problems than it already does, ultimately, these challenges and problems can cause the business to collapse. Effective communication extends the concept to require the transmitted content to be received and understood by someone in the way it was intended. In a business, the goals of effective communication includes creating a common perception, changing behaviors and acquiring information; this is done to not only promote products boost sales, get a point across, and show others that you are better. In order to get your communication effective, you must begin with encoding

Climate Change Essay Sample free essay sample

Construction Information Sheet No 26 ( revision2 ) skin contact with a sensitizer. the more it will perforate the tegument. and the greater the hazard of sensitization will go. Therefore. if cement is left on the tegument throughout the on the job twenty-four hours. instead than being washed off at intervals. the hazard of contact sensitization to hexavalent Cr will be increased. Introduction Cement is widely used in building. Anyone who uses cement ( or anything containing cement. such as howitzer. plaster and concrete ) or is responsible for pull offing its usage should be cognizant that it presents a jeopardy to wellness. Health effects Both thorn and allergic dermatitis can impact a individual at the same clip. Cement can do sick wellness chiefly by: Cement Burnss Wet cement can do Burnss. The principal cause is thought to be the alkalinity of the wet cement. If wet cement becomes trapped against the tegument. for illustration by kneeling in it or if cement falls into a boot or baseball mitt. a serious burn or ulcer can quickly develop. These frequently take months to mend. and in utmost instances will necessitate skin transplants or can even take to amputation. Serious chemical Burnss to the eyes can besides be caused following a splash of cement. skin contact ; inspiration of dust ; and manual handling. Skin contact Contact with wet cement can do both dermatitis and Burnss. Dermatitis Inhalation of dust Skin affected by dermatitis feels itchy and sore. and looks ruddy. scaly and cracked. Cement is capable of doing dermatitis by two mechanisms – irritancy and allergic reaction. High degrees of dust can be produced when cement is handled. for illustration when emptying or disposing of bags. In the short term. exposure to high degrees of cement dust irritates the nose and pharynx. Scabbling or concrete film editing can besides bring forth high degrees of dust which may incorporate silicon oxide. Advice on the wellness effects of exposure to silica can be found in C onstruction Information Sheet 36 ( rev1 ) . Irritant dermatitis is caused by the physical belongingss of cement that irritate the tegument automatically. The all right atoms of cement. frequently assorted with sand or other sums to do howitzer or concrete. can corrade the tegument and cause annoyance ensuing in dermatitis. With intervention. irritant dermatitis will normally unclutter up. But if exposure continues over a longer period the status will acquire worse and the person is so more susceptible to allergic dermatitis. Manual managing Working with cement besides poses hazards such as sprains and strains. peculiarly to the dorsum. weaponries and shoulders from raising and transporting cement bags. blending howitzer etc. More serious harm to the dorsum can be caused in the long term if workers are continually raising heavy weights. Allergic dermatitis is caused by sensitization to the hexavalent Cr ( chromate ) nowadays in cement. The manner this works is rather distinguishable from that of irritancy. Sensitizers penetrate the barrier bed of the tegument and do an allergic reaction. Hexavalent Cr is known to be the most common cause of allergic dermatitis in work forces. Research has shown that between 5 % and 10 % of building workers may be sensitised to cement and that plasterers. concreters and bricklayers are peculiarly at hazard. Once person has become sensitised to hexavalent Cr. any future exposure may trip dermatitis. Some skilled shopkeepers have been forced to alter their trade because of this. The longer the continuance of Ill wellness bar and wellness surveillance Skin contact You should first see utilizing riddance or permutation to forestall the possibility of contact with cement. Otherwise. you should use control steps which minimise contact with the tegument either straight or indirectly from contaminated surfaces in the on the job environment. 1 Employees should be encouraged to analyze their ain tegument for any such marks and describe them. Reports should be made to the ‘responsible person’ or to the occupational wellness nurse. An of import manner of commanding cement dermatitis is by rinsing the tegument with warm H2O and soap. or other skin cleansing agent. and drying the tegument afterwards. Sinks should be big plenty to rinse the forearms and have both hot and cold ( or warm ) running H2O. Soap and towels should be provided. Facilities for drying apparels and altering apparels should besides be available. Inhalation of dust Exposure to dust should be eliminated where possible. for illustration. by buying ready assorted concrete. Where this is non possible. the hazard should be assessed and appropriate control steps implemented. Baseball gloves may assist to protect tegument from cement. but they may non be suited for all facets of building site work. Caution is advised when utilizing baseball mitts as cement trapped against the tegument inside the baseball mitt can do a cement burn. You should supply p rotective vesture. including overalls with long arms and long pants. Manual managing Manual handling of heavy tonss should be avoided. In peculiar. cement should be supplied in 25 kilogram bags or ordered in bulk supply. Where manual handling does take topographic point. you should measure the hazards and follow appropriate hazard control measures. Employers are required to set up for employees to have suited wellness surveillance where there is exposure to a substance known to be associated with skin disease and where there is a sensible likeliness that the disease may happen. This means you should supply wellness surveillance for workers who will be working with wet cement on a regular footing. Legal commissariats The Control of Substances Hazardous to Health Regulations 1999 and the Management of Health and Safety at Work Regulations 1999 require the employer to measure wellness hazards and prevent or control exposure. Health surveillance is needed to: protect persons ; place every bit early as possible any indexs of tegument alterations related to exposure. so that stairss can be taken to handle their status and to rede them about the hereafter ; and give early warning of oversights in control. The Construction ( Health. Safety and Welfare ) Regulations 1996 require those in control of building sites to guarantee that suited and sufficient public assistance installations are provided. This includes supplying equal lavation installations with hot and cold ( or warm ) running H2O and installations for altering and drying vesture. Health surveillance must neer be regarded as cut downing the demand to command exposure or to rinse cement off the tegument. The Personal Protective Equipment at Work Regulations 1992 require employers to supply suited personal protective equipment for their employees. to do certain it is maintained ( and replaced. where necessary ) and to inform. instruct and train employe es required to utilize it. Simple wellness surveillance will normally be sufficient. Skin reviews should be done at regular intervals by a competent individual. and the consequences recorded. Employers will likely necessitate the aid of an occupational wellness nurse or physician to invent a suited wellness surveillance government and they will necessitate to develop a ‘responsible person’ . for case a supervisor. to transport out the tegument reviews. The Manual Handling Operations Regulations 1992 require employers to avoid manual handling where moderately operable and undertake hazard appraisal of the staying manual handling undertakings. A responsible individual is person appointed by the employer who. following direction from an occupational wellness doctor or nurse. is competent to recognize the marks and symptoms of cement-related dermatitis. The responsible individual should describe any findings to the employer. and will necessitate mention instances to a appropriately qualified individual ( eg an occupational wellness nurse ) .

The School Voucher Program free essay sample

A detailed discussion of the controversial proposed School Voucher program. This study was designed to determine whether a school voucher program is really what the public desires or if changes in education are desired regardless of where the education occurs. It asks the question is the public willing to pay an additional tax to fund the program. Background and statement of the problem are presented, as well as a review of the literature. America has always prided itself on being the best nation in the world. Many nations turn to America for assistance, advice and guidance in many areas including economics, trade, and military actions. The one place that America seems to be lagging of late is the area of education. Each year there are reports released that detail the fact that American students are behind Japanese, German and other counterparts when it comes to standardized test scores in the academic basics. We will write a custom essay sample on The School Voucher Program or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This has led to many heated debates and suggestions for improvements and one of the suggestions has been to provide a government funded voucher program that will allow parents to send their students to private schools if they are not satisfied with the education the public school system provides.