1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marat540 [252]
2 years ago
8

The basic economic cost of unemployment is forgone ______. Multiple choice question. inputs output supply labor

Business
1 answer:
Elena L [17]2 years ago
4 0

Forgone output is the fundamental economic cost of unemployment. So, output (option (b)) is the right choice.

<h3>Forgone labour output </h3>

Forgone labour output is the amount of money that persons would have made over the course of their remaining working lives, discounted to the current year if they had not passed away too soon. Forgone labour production, like other accounting metrics like the Gross Domestic Product (GDP), is not meant to represent a gauge of society's prosperity. This brings us to the welfare-based approach, which is the second method for estimating the costs of premature death.

The potential for the production of goods and services is lost forever when the economy fails to provide enough jobs for everyone who is able and willing to work.      

Learn more about Forgone labour output here:  

brainly.com/question/16690539    

#SPJ4

You might be interested in
________ computing refers to the efficient and eco-friendly use of computers.
joja [24]
Green computing is an efficient and Eco-friendly use of computers and other electronics.  Eco-friendly or environment friendly are marketing terms and sustainability that referring to goods, services, policies and guidelines that reduce or minimize any harm on the ecosystem or environment. Green computing involves study of designing, manufacturing, using and disposing of computing devices in a way that does not harm the environment.
8 0
3 years ago
Universal Sports Supply began the year with an accounts receivable balance of $200,000 and a year-end balance of $220,000. Credi
Dovator [93]

Answer:

3.6

Explanation:

The receivables turnover for the year is calculated as;

= Net sales(credit sales) ÷ Average accounts receivables

Average account receivables

= ($200,000 + $220,000) ÷ 2

= $210,000

Therefore, Receivables turnover

= $750,000 ÷ $210,000

= 3.6

6 0
3 years ago
Laura Coraldi is a manager at Quick Pizza. She is great at understanding the feelings of her subordinates and takes time out for
BaLLatris [955]

high on agreeableness.

3 0
4 years ago
18. Open Market Operations and the Money Multiplier Suppose that the reserve requirement for checking deposits is 10 percent and
Arlecino [84]

Answer

The answer and procedures of the exercise are attached in the following image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
Why is it necessary for us to have knowledge and professional education? show the relationship between education and professiona
Dominik [7]

Answer:

In terms of knowledge, it is more important because you have to be knowledgeable to handle situation. Whereas, professional education help you in think big and broad not shallow, in order to be an hero to over situations in life. THE relationship between them is to be professional and your have to be knowledgeable.

5 0
3 years ago
Other questions:
  • A fully inclusive document detailing an​ organization's mission,​ organization, objectives, and operations is called​ a(n) _____
    11·1 answer
  • __________ is a direct lobbying technique used by interest groups to influence public policy.
    15·2 answers
  • Governments often use a sales tax to raise tax revenue​, which is the tax per unit times the quantity sold. will a specific tax
    10·1 answer
  • In agriculture, a "bumper crop" refers to a particularly productive harvest. if there is a bumper crop for wheat at the same tim
    10·1 answer
  • Is also known as oral administration.
    5·1 answer
  • A business chartered by a state that legally operates as a separate entity from the owner(s) is called
    5·2 answers
  • Boeing's new 787 Dreamliner:
    5·1 answer
  • Which one of the following statements is false concerning the term structure of interest rates? A. Expectations of lower inflati
    11·1 answer
  • Equivalent Units of Materials Cost The Filling Department of Eve Cosmetics Company had 4,200 ounces in beginning work in process
    12·1 answer
  • Latoya has a lot of doctor’s visits coming up, and her children all need vaccinations for the upcoming school year. Which type o
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!