All categories

3 years ago

Most unemployed workers receive approximately ________ percent of their previous wages through unemployment insurance.

2 answers:

7 0

Economy moves radically and moves in and out of recessions-eventually returns to range of 4-6%-no long term trend toward rate increasing or decreasing the Opportunity Cost of Unemployment-output that could have been produced by the unemployed workers. Large rises in unemployment mean large number of job losses.

umka21 [38]3 years ago

6 0

Answer:

50%

Explanation:

The unemployment insurance allows unemployed workers to receive a payment to make up for the lost salary while they look for another job. This programmed is managed by the states and it gives on average half of the previous wage the person had. According to this, most unemployed workers receive approximately 50 percent of their previous wages through unemployment insurance.

You might be interested in

According to research on marital satisfaction in couples with children, the shape of the marital satisfaction curve across time

Art [367]

Increasing then decreasing.

6 0

3 years ago

MIT economist Jerry Housman has estimated the price elasticity of demand for Post Raisin Bran cereal to be -2.5 and the price el

Diano4ka-milaya [45]

Answer:

The demand for Post Raisin Brand cereal is: ELASTIC

the demand for all types of breakfast cereals is: INELASTIC

Explanation:

To calculate the price elasticity of demand (PED) we can use the following formula:

PED = % change in quantity / % change in price

If PED > 1, the demand is price elastic
If PED = 1, the demand is price unitary
If PED < 1, the demand is price inelastic

*The PED always results in a negative number, e.g. price deceases, quantity increases, but for practical reasons we convert the negative number into a positive (we use absolute values) when we are determining the elasticity.

5 0

4 years ago

Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out

Reika [66]

Answer:

(3) $3,750,000

Explanation:

The computation of the expect monthly sales to be as high is shown below:

Given that

Sales per month = $300,000

Royalty payments = 8% of sales

So, the expected monthly sales would be

= Sales per month ÷ Royalty payments percentage

= $300,000 ÷ 8%

= $3,750,000

We simply divided the sales per month by the royalty payment percentage i.e 8%

5 0

3 years ago

a guitar manufacturing company, launched 1000 high-quality, limited-edition guitars worldwide at a premium price of $10,000 per

larisa [96]

Answer:

skimming prices

Explanation:

Based on the scenario being described it can be said that it can be concluded that Timber Guitars has adopted the strategy of skimming prices. This is a a pricing strategy in which a company or marketer sets a relatively high starting price for their products in the beginning of introducing it into the market, then only after some time has passed do they begin to lower prices slowly. Which is what Timber Guitars has done by placing the guitar at a very high price and only lowering it after a good quantity were sold.

7 0

4 years ago

muhammad yunus, founder of the grameen bank, was highly successful in his use of applying social incentives through group respon

BaLLatris [955]

Muhammad Yunus, The Grameen bank founder, was highly successful in applying social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Since Professor Muhammad Yunus founded Grameen Bank in 1976, several economists have analyzed the Grameen Bank's success in trying to eradicate poverty in Bangladesh, either theoretically or empirically. He used social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Social incentives refer to a wide variety of interpersonal motivations and rewards that encourage people to act in a socially valued and approved manner. Projecting a positive reputation and social image, obtaining social acceptance, and moving up the social hierarchy are all examples of social incentives.

To learn more about social incentives :brainly.com/question/3579101

#SPJ4

6 0

2 years ago