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natta225 [31]
2 years ago
7

Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. Which terms can be used to descri

be Jim? Check all that apply.cyclically unemployeddomestically unemployedfrictionally unemployedstructurally unemployedstill employedunemployed
Business
1 answer:
DIA [1.3K]2 years ago
4 0

When Jim lost his job, he became unemployed and structurally unemployed.

A person is unemployed if he is within the working age, is willing and able to work but does not have a job.

<u><em>Types of unemployment</em></u>

  • Structural unemployment: this type unemployment occurs when the skills a person has is no longer relevant in the economy. It occurs as a s result of changes in the economy. For example, technological advancement can make a person's job redundant.

  • Frictional unemployment:  this type of unemployment occurs from when a person leaves his current employment gets another job.  

  • Voluntary unemployment: a person decides not to work. For example, a factory worker might decide to stop working in order to become a fulltime student.

  • Cyclical unemployment: it occurs as a result of fluctuations in the economy.

To learn more about unemployment, please check: brainly.com/question/4479360?referrer=searchResults

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​Brad's gross pay for the month is $ 6 comma 400. His deduction for federal income tax is based on a rate of 22​%. He has no vol
Lera25 [3.4K]

Answer:

$4,502

Explanation:

​Brad's gross pay for the month is $6,400. His deduction for federal income tax is based on a rate of 22​%.

Brad's net​ pay if we assume a FICAlong - OASDI Tax of 6.2​% and FICAlong -Medicare Tax of 1.45​%. will be:

His gross pay for the month less all the statutory deductions

$6400 - [(0.22 x 6400) + (0.062 x 6400) + (0.0145 x 6400)] = $4,502

3 0
3 years ago
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The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorde
Shalnov [3]

Answer:

income-generating assets under the current account of the balance of payment.

Explanation:

In international trade to balance of payments between countries looks at inflow and outflow of funds as a result of trade.

When there is balance of trade deficit the country imports from others. When there is balance of payment surplus the country exports to others.

The fund movement is recorded in various accounts. These are current account, capital account, and financial account.

The current account is used to record funds recieved from goods, services, income, and current transfers.

The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as

income-generating assets under the current account of the balance of payment.

6 0
3 years ago
Which organization sets monetary policy for the United States?
Romashka-Z-Leto [24]
Federal Open Market Committee
7 0
3 years ago
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_____ remain constant regardless of how many products are sold
Brut [27]
Fixed cost remained constant regardless of how many products are sold. Fixed cost is a cost behavior which always emerged regardless of the quantity product sold. Machine depreciation expense, insurance expense, and rent expense are several examples of this cost behavior. On the contrary, variable cost is an another type of cost behavior that changes relating to the quantity of the sold product.
7 0
3 years ago
If you have employees you’ll have to pay the ____ tax which is used to pay compensation to workers who lose their jobs
Olenka [21]

Answer:

B. FUTA will be the correct answer which means Federal Unemployment Tax Act.  

Explanation:

If your google the meaning of FUTA it will bring up the meaning

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3 years ago
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