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
Dmitry [639]
3 years ago
7

When the economy goes into recession the biggest increase in unemployment is?

Business
1 answer:
BartSMP [9]3 years ago
3 0
The answer is: <span>cyclical because jobs are lost in many industries as they cut production
when the economy goes into recession, most people will have lower purchasing power which will force them to buy less products.
This situation will force companies to lower the amount of supply that they give to the market, which will lead to them cutting off several employees in order to maintain financial stability.</span>
You might be interested in
Quarry Mining Inc. and Riverside Vineyards agree to resolve a dispute in arbitration. The arbitrator meets with Quarry’s represe
Molodets [167]

Answer:

The correct answer is letter "D": set aside any award.

Explanation:

Arbitrators are individuals without the range of judges that are called in disputes to resolve a matter before taking it to court. Similar to trials, each party involved in the dispute present their defense in front of the arbitrator who promotes the mutual agreement between the two parties but, if that does not happen, the arbitrator provides a resolution that tends to be definite.

<em>Arbitrators must be impartial. Thus, if the arbitrator meets with one of the parties and, eventually, the decision of that case favors that party, the court can take away any reward provided until an investigation is conducted.</em>

4 0
2 years ago
Evaluating whether or not to go forward with the preparation of a proposal is referred to as the __________.
timofeeve [1]

A. Bid/no bid decision

A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.

8 0
3 years ago
A limited liability company can be held liable for any loss or injury caused by the wrongful acts or omissions of its members.
atroni [7]
That statement is true, an LLC can indeed <span>held liable for any loss or injury caused by the wrongful acts or omissions of its members.
The assets that owned by the members couldn't be held accountable in case there is a loss in the company, but in case of criminal activities, this thing could be overlooked.</span>
5 0
3 years ago
What is one explanation for why this labor supply curve is upward sloping? the opportunity cost of leisure decreases as wages de
san4es73 [151]
I believe the correct answer is the first option. The labor supply curve is upward sloping because the opportunity cost of leisure decreases as wages decrease and the opposite of such is true as well. As one work one hour more, one will have less time for other activities. As the work rate increases in value, then the opportunity cost increases as well.
8 0
3 years ago
Read 2 more answers
In year 2, Rossman Corp, changed its inventory method from FIFO to the weighted average method. The change resulted in a decreas
Mila [183]

Answer:

True

Explanation:

The reason is that the opening inventory value of year 2 is the closing amount of the year 1. Its similar to the closing cash amount left in till at the end of year 1 is the opening amount at the year 2. So the opening inventory of year 2 is closing inventory of year 1. This means the closing inventory of year 1 has decreased by $10,000.

As we know that:

Cost of goods sold = Op. Inventory + Purchases - Cl. Inventory

This means if the closing amount increases the cost of goods decreases and in the given scenario the closing inventory of year 1 has been decreased which means that the cost of goods sold has increased which will decrease the profit. And if the profit decreases then:

Earning per share = Profit after tax (Decreased) / Number of share (Same)

As the profit has decreased the earning per share will also decrease.

5 0
2 years ago
Other questions:
  • What is the new payment on a 25-year, monthly payment, adjustable-rate mortgage after five years if the interest rate changes fr
    14·1 answer
  • Carlin and Marley, an accounting firm, provides consulting and tax planningservices. For many years, the firm's total administra
    14·1 answer
  • Fashion, Inc. had a Retained Earnings balance of $16,000 at December 31, 2021. The company had an average income of $6,500 over
    5·1 answer
  • How does the book value of shares of stock differ from the market value of shares of stock? Use a real-world example in your ans
    7·1 answer
  • List the elements of the implied warranty of merchantability and provide an example of a sale of goods that includes this warran
    8·1 answer
  • Adkins Bakery uses the modified half-month convention to calculate depreciation expense in the year an asset is purchased or sol
    13·1 answer
  • Why does the quantity a supplier is willing to give go up when the price goes up
    8·2 answers
  • the three types of organizational commitment are affective commitment, continuance commitment, and ______ commitment.
    6·1 answer
  • Naomi weighed 50 patients for a medical study using a scale that measures to the nearest whole pound. She then calculated the me
    9·1 answer
  • 3. Analyze. Explain how scarcity is related
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!