Ask Question
BusinessBusiness
21 April, 21:41

The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment rate turns out to be high or higher than anticipated, we would expect:

+5
Answers (1)
  1. 21 April, 22:02
    0
    The correct answer is (b)

    Explanation:

    The unemployment rate is a macroeconomic indicator that explains the current situation of the economy. It is a share of the labour force that is jobless. If the unemployment rate is higher than unanticipated the overall prices generally go down that leads to a decrease in the stock prices. A high unemployment rate leads to a decrease in overall purchasing power.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment rate turns ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Say that you pay property taxes of $2458.20 every year. If your state has a property tax rate of 0.082, what is the assessed value of your property?
Answers (1)
Contact your local power company to determine: the primary source of power used to heat homes in your area; whether or not alternative energy sources are being used in your area, and if so, which ones.
Answers (1)
A go-between who receives stolen goods for resale is called a
Answers (1)
A bank has $200 million in demand deposits and $150 million in reserves. The reserve ratio is 20 percent. What is the maximum amount of loans the bank can make from its reserves?
No Answers
Kevin, who has liability limits of $20,000/$40,000/$20,000 and a $500 collision deductible, is involved in an accident. Due to his negligence he runs into a Rolls Royce. Three people sustained bodily injuries in the Rolls Royce.
Answers (1)
New Questions in Business
Lewis Inc. had the following information taken from various accounts for 2015: Sales Discounts $41,000 Unearned Revenue $32,000 Total Sales $459,000 Purchase Discounts $15,000 Sales Allowances $35,000 Accounts Receivable $205,000 What was Lewis Inc.
Answers (1)
True or False: The basic economic theory of supply and demand suggests that when price drops, consumers will buy more and thus generate stronger demand.
Answers (1)
If you think carefully about what you're doing, always ask for advice when you need it, and keep asking questions, starting a business can be
Answers (2)
16. What size paper should you use for a legal document? A. 3" x 5" B. 8/2" x 11" C. 872" x 14" D. 74" x 1072"
Answers (2)
Assume an economy where there are two producers: a wheat producer and a bread producer. In a given year, the wheat producer grows 30 million bushels of wheat of which 25 million bushels are sold to the bread producer at $3 per bushel, and 5 million
Answers (1)
Home » Business » The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment rate turns out to be high or higher than anticipated, we would expect:
Sign Up Forgot Password?