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Tag: Job Finding/Seperation
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Job Separation vs Job Finding
This article will cover the economics of job separation and job finding and how to calculate them. If job finding is instant then f = 1, and the natural rate of unemployment would be near zero, if f < 1, it is because of job search and wage rigidity. Firstly,…
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Macroeconomic Calculations
In this article we will be discussing economic calculations such as national income (C, I, G), production function (marginal product of labor, marginal product of capital K), nominal and real interest rates, inflation rates, and the unemployment rate covering job finding and separation. It is important to become aware of…