3.2 (e) Describe how to find the solution.

3.1 Suppose these probabilities were generated in response to the sentence “Where are you?”. What would CPP0 say if and what is the probability of this response?

Question 4 Assume the economy is originally in steady state, but then, there is a positive inflation shock that lasts two periods. This might occur, for example, when real wages have increased relative to their trend for two periods. (In our model notation, this is to say

Question 1 Suppose that 10 years ago, a country had a trend job-separation rate of 3% and a trend job-finding rate of 9%. Now, the country’s trend job separation rate is 2% and the trend job-finding rate of 8%. (Throughout this question, assume there is no labor-force growth.) What is the current natural rate of unemployment? Did it increase or decrease relative to 10 years ago? Additionally, provide intuition for why the natural rate changed this way.   10 years ago, this country instituted more generous unemployment insurance benefits, providing more funds to individuals who become unemployed as they search for new jobs. Some politicians in this country have argued that changes in the unemployment rate over the last 10 years are largely attributable to this program. Using what you know about the job-finding and job-separation rates in this country, agree or disagree with these politicians and explain your reasoning.   If the current unemployment rate is above the natural rate of unemployment in this country, is current output above, below, or equal to potential output according to Okun’s law?

High-temperature cooking methods are not necessary for making good pizza at home.

Evaluate Dean Blake’s strategy and human resource policies.  Does the strategy make sense in terms of the internal and external environment of the college? Why or why not?  Do the human resource strategies support and reinforce the organizational strategy?  Why or why not?

As discussed in the Ovania Chemical case, should the concern for women getting into the dirty treatment tanks have been a selection issue? Why or why not? How might you include this factor in a selection process? 

Comment on the nurse recruiting strategy currently being used by the hospital. Based on the data shown in Table 1 of the case, which recruiting methods should the hospital continue using, and which should be eliminated? Justify your response, and be sure to include metrics to support your conclusions.

Suppose the Ovania Chemical system analyzer selection process has disparate/adverse impact against a protected class. If this selection process was challenged in court, would it be legally defensible? Why or why not?

Based on the information provided in Figure 3 of the Ovania Chemical case, as well as the paragraph below Figure 3, calculate whether or not the selection process has disparate/adverse impact based on race and sex. Be sure to show all of your calculations and clearly specify where there is/is not disparate impact. You are welcome to attach a spreadsheet or image as your response. Note: In answering this question, assume that all 20 individuals listed in Figure 3 “passed” the selection process.