Economy
Not what you're looking for?
What are the different types of unemployment and how do they affect the economy? What is inflation? What is deflation? What is recession? What are the problems of the current US economy?
Purchase this Solution
Solution Summary
This answer provides you an excellent discussion on economy.
Solution Preview
Economics
What are the different types of unemployment and how do they affect the economy?
There are different types of unemployment. There is cyclical unemployment where there is not enough demand in the economy to provide jobs. In this case there is unemployment in the economy as the wages are sticky. Second there is frictional unemployment which the time period between jobs when the worker is searching for. This is transitional unemployment. This is good for the economy because the workers actually seek to match their skills with the jobs available. The third is structural unemployment ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
- "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
- "Thank you kindly sir. "
- "Excellent and well explained. --Thank you kindly. "
- "Awesome notes. I appreciate you."
- "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.