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Taya2010 [7]
2 years ago
13

When wages exhibit downward and a recession occurs, the decline in employment will be ____________.a. because of the decline in

labor demand is absorbed by a fall in wages. b..
Business
1 answer:
Dahasolnce [82]2 years ago
7 0

When wages exhibit downward and a recession occurs, the decline in employment will be smaller than what would occur if wages were rigid, smaller when the supply of labor is relatively inelastic and softened because some of the declines in labor demand are absorbed by a fall in wages.

A prolonged period of weak or negative real GDP (output) growth that is accompanied by a noticeably higher unemployment rate is known as a recession. During a recession, a lot of other economic activity indices are similarly weak. For instance, corporate investment and consumer consumption are typically low. Additionally, both the number of enterprises that close and the number of families and businesses that are unable to repay debts is unusually high. The unemployment rate is regarded as a trustworthy and timely summary indicator of a variety of detrimental changes in an economy because these signs are often present when there is a considerable increase in the jobless rate.

Learn more about Recession here

brainly.com/question/1417711

#SPJ4

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Sean is thinking about creating an automatic cat feeder similar to one that he created for dogs. He believes that cats eat sever
Ira Lisetskai [31]

Answer:

<em>Hypothesis Testing</em>

Explanation:

<em>The use of statistics to assess the probability of a given assumption being accurate </em>is <u>hypothesis testing</u>. The typical hypothesis testing process is made up of four stages.

  1. Establish the hypothesis null.
  2. Recognize a test metrics which can be used to determine the null hypothesis truth.
  3. Calculate the P-value, that is the likelihood that if the null hypothesis is true, a test result would be obtained at least as large as the one observed.
  4. Measure the p-value with an appropriate alpha value.
7 0
3 years ago
What are the portfolio weights for a portfolio that has 148 shares of Stock A that sell for $35 per share and 110 shares of Stoc
Svetllana [295]

Answer:

Weight A= 0.6624

Weight B= 0.3376

Explanation:

From the question above,

Stock A has 148 shares at $35

Stock B has 110 shares at $24

The first step is to calculate the total amount of value

= 148($35)+110($24)

= $5,180+$2,640

= $7,820

Therefore the weight of each stock can be calculated as follows

Weight A= 148($35)/$7,820

= $5,180/$7,820

= 0.6624

Weight B= 110($24)/$7,820

= $2,640/$7,820

= 0.3376

Hence the portfolio weights are 0.6624 and 0.3376 respectively.

6 0
3 years ago
Mid-American Oil had a contract with NSB Co. to supply 1,000 gallons of oil by September 1. The contract contained a provision t
kakasveta [241]

Answer:

NSB Co. won the case against Mid-American oil/Mid-American oil lost the case

Explanation:

The original contract clearly stipulated that any modifications to the contract were to be written and signed by the company's presidents, therefor the decision by the Mid-American executive to talk with the purchasing agent of NSB  Co. was in breach of the contract in two aspects;

  1. The parties that made the modifications were not the ones agreed to in the contract
  2. They made the modifications verbally while the contract stated that the changes were to be written and signed
6 0
3 years ago
1. Standard Oil of Connecticut, Inc., sells home heating, cooling and security systems. Standard schedules installation and serv
Yuki888 [10]

Answer:

The installers and experts are self employed because;

  • Standard Oil of Connecticut, Inc has no influence over the work other than finishing the venture by a specific time and the installers and experts can pick the days wherein they need to work.  
  • The installers and specialists are occupied with various business as the business is into deals and The installers and experts are into administration.  
  • The work isn't done heavily influenced by business. Professionals and installers are not managed by Standard Oil of Connecticut, Inc and they don't assess their work.  
  • The devices are not given by the business and the installers and experts utilize their own gear and instruments.  
  • The installers and experts are utilized for a specific time-span till the fulfillment of the undertaking and are not utilized for long.  
  • The strategy for installment is through a set rate for every venture and not by time-frame.  
  • The installers and professionals are authorized and affirmed by the state and are having particular abilities which are not increased through the business.  

Every one of these conditions fulfill the necessities of self employed entity as indicated by measures utilized by the courts and doesn't fulfill the standards of representative.

5 0
3 years ago
The Tipton Division of Dudley Company reported the following data last year: Return on investment 20 % Minimum required rate of
pashok25 [27]

Answer:

A. $625,000

Explanation:

We know that,

Residual income = Average operating assets × (Return on investment  - Minimum Required Rate of Return)

$50,000 = Average operating assets × (20% - 12%)

$50,000 = Average operating assets × 8%

So, the average operating assets would be

= $50,000 ÷ 8%

= $625,000

We simply apply the formula by considering all the items which are given in the question

7 0
3 years ago
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