If many workers become discouraged from looking for jobs, explain how the number of jobs could decline but the unemployment rate could fall at the same time.
Step 1 of 3
• Income adds to SE and dividends deduct from SE (not bad if the stockholder is getting cash HBS ratio analysis • Combine income statement and balance sheet data • Root causes of good or bad performance • Alot of low return on assets (e.g. cash) can lower RoE Money • Portable, divisible, durable, stable • Medium of exchange, store of value, and measure of worth Money supply increase can lead to inflation • M-1 spendable cash
Textbook: Principles of Economics
Author: Steven A. Greenlaw, David Shapiro, Timothy Taylor
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