Slide 1MONITORING CYCLES, JOBS, AND THE PRICE LEVEL 22 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Explain how we date business cycles Define…

Slide 1 MBMC Workers, Wages, and Unemployment in the Modern Economy Slide 2 Slide 3 MBMC Copyright c 2004 by The McGraw-Hill Companies, Inc. All rights reserved. Slide 3…

Slide 1MONITORING CYCLES, JOBS, AND THE PRICE LEVEL 6 CHAPTER Slide 2 Objectives After studying this chapter, you will able to  Explain how we date business cycles …

Slide 1 Objectives After studying this chapter, you will able to  Explain what are the business cycles  Define unemployment, the unemployment rate, the labor force,…

Slide 1 Unemployment Determining the Natural Rate of Unemployment Slide 2 Learning Objectives To learn that unemployment is the natural consequence of labor force dynamics.…

Slide 1 Jobs and Wages Population Survey The U.S. Census Bureau conducts monthly surveys to determine the status of the labor force in the United States. The population is…

Slide 1 Daily Information 9/24 1 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: Grab a handout from the center table.…