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son4ous [18]
3 years ago
6

In the economy of​ Cycladia, the total unemployment rate is equal to 11.0 ​percent, the structural unemployment rate is 2.42.4 ​

percent, and the frictional unemployment rate is 4.4 percent. The cyclical unemployment rate equals ____ percent. ​(Enter your response rounded to one decimal​ place.)
Business
1 answer:
damaskus [11]3 years ago
4 0

Answer:

The cyclical unemployment rate is 4.2%

Explanation:

There is a natural unemployment rate which contains every unemployment rate which is cyclical unemployment plus structural unemployment plus frictional unemployment, so then in order to get cyclical unemployment we will use the below formula:

natural unemployment = Frictional unemployment + Cyclical unemployment +structural unemployment

therefore we are given the natural unemployment rate of 11%

Frictional Unemployment Rate of 4.4%

Structural unemployment rate of 2.4%

then we substitute on the above mentioned formula and solve for cyclical unemployment

11% =4.4% + Cyclical Unemployment Rate+ 2.4% then we transpose and solve for cyclical unemployment rate

11% - 4.4% -2.4% = Cyclical Unemployment Rate

4.2 % = Cyclical unemployment rate

this unemployment rate goes with the business cycle of any business in which if there is a recession in an economy it is accounted for even if there is economic growth it is accounted for.

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Creating, developing, retaining, and obtaining products and services that meet consumer needs is called _____.
Sophie [7]

Answer:

D. Product/service management

Explanation:

"Creating, developing, retaining, and obtaining...meets consumer needs" basically equals management

"Products and services"=product/service

Add them together is product/service management!

Let me know if you have any more questions :)

7 0
2 years ago
A discount bond
Dovator [93]

Answer:

The answer is D

Explanation:

A discount bond is a bond trading at less than a bond's par or facr value.

In this, interest will be paid before the maturity date and only the principal (face value) is paid at maturity. The interest rate is below that market interest rate.

While a premium bond is trading above the market interest rate

3 0
3 years ago
Read 2 more answers
Beginning work in process inventory: Units in beginning work in process inventory500 Materials costs$ 7,800 Conversion costs$ 9,
Gre4nikov [31]

Answer:

$15.76

Explanation:

beginning WIP 500 units

materials 85% complete, so 15% added during the period (EUP during current month = 75 units)

conversion costs 55% complete, so 45% added during the period (EUP during current month = 225 units)

units started 7,000

units transferred out 6,100

units started and transferred out = 6,100 - 500 = 5,600 (EUP = 5,600 units)

ending WIP 1,400 units

materials 60% complete (EUP = 840 units)

conversion costs 50% complete (EUP = 700 units)

materials cost for the month = $102,700

total EUP for the month = 6,515 units

total cost per EUP for materials = $102,700 / 6,515 = $15.7636 ≈ $15.76

4 0
3 years ago
Which of the following describe management's use of a master budget: Multiple select question. Helps in determining bonuses to m
Semenov [28]

Answer:

Helps analyze differences between actual and budgeted results

Helps reveal undesirable outcomes

Helps in planning and control activities

Explanation:

A master budget comprised of future income statement or planned operating budget and the future balance sheet or financial budget that represent the goals and objectives of the organization and the ways to achieve them. It identified the actual & budgeted results difference, It disclosed the non-desirable results and also it helps in activities that deals in planning & controlling

Therefore the above statements should be correct

4 0
3 years ago
Economic efficiency is defined as a market outcome in which the marginal benefit to consumers of the last unit produced is equal
Neporo4naja [7]

Answer:

C. The sum of consumer surplus and producer surplus is at a maximum.

Explanation:

Consumers surplus is the difference between the willingness to pay of a consumer and the price the consumer pays for a good.

Producer surplus is the difference between the price of a good and the least amount he would be willing to sell his product.

Economic efficiency is where both consumer and producer surplus are maximised.

I hope my answer helps you

3 0
3 years ago
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