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Number 4 please. Not sure if I got the right job separation rate
4. Assume that during the school year you look for a part-time job, and that on averageks takes 2 weeks to find one. Also assume that the typical job lasts 1 semester, or 12 weeks. (a) What is the job finding rate? What is the job separation rate? (Think about it terms of jobs per week) [10 points (b) What is the natural rate of unemployment in this economy? [5 points) he table below contains the monetary aggregates for the U.S. in 2017, and MMF stands for money market funds. Complete the last three columns of the table. |5 points) Demand Reserves MF Small Travelers Savings Deposits Time Checks MMF MI M2 MB 2015 Curency Feh 1.271.30 501.7 29 7.702 70 1.213 80 2.496.87 6120
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So) Job inding Tati The fraction find İots юthin a certam período tine ( called the job findin rate An un employed Perron on average รั- it takes 2 weeks find i jot unemployedworkeus who hure) , is Ime (per week Job finding nate 0.5 Jobs /pen week-2 jobs/permonth Job separetion Rate The fraction of employed ke who lose jobs within a certain period of time hene) , is called iob sepanation nate An employed pewn σ avera ge,- t lakes 12 weeks to quit the i job (per week o 08 3 job/per week ration даte Job seponca The natunal rate unemployment i calculated by the rate orf finding jets comparad oith the nati of sepavaln jos at a certain od time (per week herz) (ou .: The natural rate. Job separatuna Jrate 16 6 . (Answer)

answered by: ANURANJAN SARSAM
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