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Official SoCal Chat Thread (#3)
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02-27-2008, 03:03 PM | #38172 |
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guys help me cram real quick! Please!
How much unemployment is desirable? if unemployment levels are greater then or less then full employment, whats the outcome? how can US unemployment rates increase because of illegal immigration?
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02-27-2008, 03:05 PM | #38173 |
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lakers game was good.. iffy at first cause of all the bad calls or non-calls, but i got FREE TACOS
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02-27-2008, 03:06 PM | #38174 | |
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02-27-2008, 03:08 PM | #38175 |
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different types of unemployment, generally, frictional unemployment is ok (people inbtween jobs) i think like 3% unemp is ok.
illegal immigration will raise ump rates because they will take low paying jobs and force people into unemployment...
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02-27-2008, 03:10 PM | #38176 |
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thank you for the help!
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02-27-2008, 03:10 PM | #38177 |
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yes, they will also take jobs because employers would rather higher illegals, pay them "under the table" thus saving on healthcare, benefits, and of course, hiring them at a reduced payrate...
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02-27-2008, 03:10 PM | #38178 |
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what are 4 reasons for Government intervention in the market?
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02-27-2008, 03:11 PM | #38179 |
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3% is generally considered "Full Employment"
If unemployment levels are below full employment (meaining everyone is empoyed) it could mean that a) the economy is expanding faster than the work force can catch up with or b) less people or changing jobs... which could mean a stagnet economy... (i think) if above full emp, then not enough jobs for people
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02-27-2008, 03:14 PM | #38182 |
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So taxing, regulating monopolies, equality, and such?
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02-27-2008, 03:16 PM | #38184 |
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right, but isnt the interest rate that the fed sets a major determinant as to how the country will spend?
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02-27-2008, 03:18 PM | #38186 |
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Why wont a change in price shift the supply curve?
I know its only movement along the curve, but I dont remember why exactly. Im thinking it has to do with equilibrium, but what exactly I dont know.
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02-27-2008, 03:19 PM | #38187 |
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im sorry, i meant Why wont a change in price shift a curve
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02-27-2008, 03:19 PM | #38188 |
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nothing to do with supply or demand curve, just a price change in general and why it wont cause a curve to shift
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02-27-2008, 03:22 PM | #38189 |
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i know that price DOES NOT effect supply, it just effects the quantity supplied
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02-27-2008, 03:23 PM | #38190 |
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because everything else is still constant. if the quantity supplied changed then you see if a shift in the curve (i.e. more producers)
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02-27-2008, 03:24 PM | #38191 | |
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err sorry, i mean a qs change for a given price
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02-27-2008, 03:24 PM | #38192 |
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alrite, thanks A TON man. Im going to ask my teacher a few questions real quick before class...... that is if i can make it on time! I gotta shower and be there before 1:30 so i can buy the proper scan tron. I gotta go guys, but thanks
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