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Igoryamba
2 years ago
15

4. Sectoral shifts, frictional unemployment, and job searches Suppose the world price of cotton falls substantially. The demand

for labor among cotton-producing firms in Texas will . The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will . The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment.
Business
1 answer:
antoniya [11.8K]2 years ago
5 0

Answer:

The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.

This is because it is temporary and people in the affected sector could opt for jobs in other performing sectors of the economy.

Explanation:

Suppose the world price of cotton falls substantially, the following scenario will ensue.

The demand for labor among cotton-producing firms in Texas will reduce .

The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will also decline .

The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.

Frictional unemployment is seasonal employment that could occur when there is no demand or work period is completed unlike structural unemployment that can last for long.

It is a temporary unemployment situation because workers in the cotton industry could opt for jobs in other performing sectors of the economy.

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Common purpose(s) of a "buydown" of an interest rate would be to:________.
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Answer:

D) All of the above

Explanation:

A buydown can be defined as an act of paying a specified amount of money to a lender in exchange for a lower interest rate, in order to reduce the amount to be paid periodically such as for a home-buyer.

The common purposes of a "buydown" of an interest rate would be to:

1. To help a buyer to afford a more expensive home.

2. To help a buyer qualify for a home more easily.

3. To help the seller make their home more attractive to a prospective buyer.

7 0
3 years ago
Fama’s Llamas has a weighted average cost of capital of 9.2 percent. The company’s cost of equity is 12.8 percent, and its cost
Dmitriy789 [7]

Answer:

D_w = 51.2236%

E_w =  48.7764%

Explanation:

From the WACC formula we can solve for the weight

as Ew + Liabilities weight = 1

we can express Ew as (1-Liabilities weight)

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

Ke 0.128

Kd 0.074

t 0.22

after tax debt:  0,05772

WACC 0.092

0.092 = 0.128(1-D_w) + 0,05772(D_w)

0.092 = 0.128-0.128(D_w) + 0,05772(D_w)

0.128 - 0.092= (0.128-0.05772)(D_w)

0.036 = 0,07028(D_w)

D_w = 0,512236

E_w = 1 - 0.51236 =0.487764

5 0
3 years ago
Presumably, since the United States is a large country in many of its international markets, a positive optimum tariff exists fo
GuDViN [60]

Answer:

It is true that a positive optimum tariff exists for the United States because it is a large country when compared with its international partners.

If the United States uses its size and positive optimum tariff advantage to impose tariffs on imports, other countries are likely to retaliate by following its footsteps.  This does not benefit any country in the long run.

Every forward-looking country that appreciates the benefits of free trade to its citizens is always careful to impose the optimum tariff on imports.

Explanation:

A tariff-imposing nation that is large enough to make some impactful difference in its welfare by imposing an optimum tariff will surely harm its partners so greatly that it will attract some retaliatory moves by the other nations. Likewise, a zero-tariff policy is counter-productive to the public interest as it harms the U.S. productive sector, jobs, and gross domestic product.  This then calls for a balance and a cost minimization strategy.

7 0
3 years ago
Which statement best describes the effects of low and high interest rates on the economy
pishuonlain [190]

What statements are you talking about

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2 years ago
Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s
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Answer:

a) the invisible hand

Explanation:

Invisible hand describes the self- regulating nature of the marketplace and capable of being allocating resources in society.

3 0
3 years ago
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