All else equal, what is likely to happen to the unemployment rate during a recession?

1 answer:

6 0

<span>When there is a recession, it is incredibly likely that the unemployment rate will rise in reference to the real gross domestic products going down. Unemployment will rise because in recession jobs become more scarce as products are not being purchased by consumers.</span>

You might be interested in

The Chambers Manufacturing Company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at

notsponge [240]

Answer:

B) $2,86

Explanation:

Using the high-low method we will use the highest activity level and the lowest activity level to determine the variable and fixed portion of the costs.

Highest activity - Cost $ 14182 Hours - 4200

Lowest activity - Cost $ (8748) Hours - (2300)

Difference - $ 5434 1900

Now we determine the variable portion. 5434/1900 = 2,86

Thus the answer is B.

6 0

3 years ago

What role does a project manager in an e-learning program play? bringing content to life and making it accessible tracking progr

olga55 [171]

Answer:

Tracking progress from kickoff to completion

Explanation:

The role of a project manager in an e-learning program play is tracking progress from kickoff to completion.

The project manager ensures all the highlighted steps are diligently followed from the start to the finish, so as to make the project successful and achieving its aims and objectives.

6 0

3 years ago

Brad operates a storage business on the accrual method. On July 1 Brad paid $48,000 for rent on his storage warehouse and $18,00

sineoko [7]

Hi I neeed a dollar

4 0

3 years ago

Debra tracks her business finances in a spreadsheet. She wants to figure out how much she could increase profits if she raises p

uranmaximum [27]

Answer: what-if-analysis

Explanation:

3 0

1 year ago

Read 2 more answers

You are the CEO of a company that has to choose between making a $100 million investment in Russia or Poland. Both investments p

dlinn [17]

Answer:

Going by the Ease of Doing Business ranking of 2020, prepared by the World Bank, which is perhaps the most reliable ranking to assess business risk in different countries.

Russia has a higher score in the ranking, which means that doing business is less risky there. Poland has particularly high risks in the starting a business category, which means that the mere act of starting the business in Poland might be a risky decision.

Russia has a high risk in trading accross borders, probably because the country is subject to several international sanctions.

If we go only by score, Russia has a higher score, so, as the CEO, you should probably invest there. However, you should avoid investing in Russian companies that try to export abroad, because of the high risks associated with trade in that country.

8 0

4 years ago