From the economic theory, it should be noted that star players are in high demand when compared to the ordinary players due to their ability to enhance superior team performance which attracts high levels of attendance, hence higher revenue streams. To compensate them for their excellent performance, star players are...

This research will explore the statistical methods and procedures employed by United States Bureau of Labor Statistics (BLS) in collection, processing, analyses and dissemination of unemployment rate data in the United States. Statistical procedures and methods adopted by BLS determine the capability of the agency to forecast current and future...

Question OneThe estimate of the natural rate of unemployment for the first quarter of 2015 was 5.07% according to the Federal Bank of St. Louis' estimate of the Natural Rate of Unemployment (short-term). Full employment is a macroeconomics term used to refer to the level of unemployment rates at which...

Introduction China represents a society with the largest populations in the world. Ideally, as a citizen who has lived in China for almost 21 years, I am really proud of the changes and development that the Chinese economy has experienced over the years (Li & Hsu, 2009). The country is...

There have been long-term debates regarding immigration and its effects on the American Economy. The opponents have argued that immigrants are taking the citizen’s jobs and living off the government. The supporters stand on the position that immigrants are doing the jobs that no one wants and are contributing to...