Two management students, Frank and Neil, discuss the pros and cons of employee benefits. Frank states that unemployment insuranc
e is more advantageous to employees than it is to employers, while Neil argues that employers receive more rewards from it. Which of the following weakens Neil's argument? (A) Unemployment insurance provides employers a competitive advantage in the talent market.(B) The amount of an employer's unemployment insurance tax depends on the number of employees.(C) Federal and state taxes paid by employers fund most of unemployment insurance.(D) Unemployment insurance does not provide assistance to unemployed workers looking for new jobs.(E) Unemployment insurance does not include payment to offset lost income during voluntary unemployment.
(C) Federal and state taxes paid by employers fund most of unemployment insurance.
Explanation:
If employers choose to pay for an unemployment insurance, they will be paying for something the State is already providing with the money paid by the employers' taxes too. So it's like paying twice for something the employees will receive also twice, from the State on the one hand and if they get fired they collect the insurance that employers pay directly. So, if we take this statement (point C) and under this consideration, the employees will receive more benefits from this insurance while employers pay twice.
Explanation: At combination E, the economy is producing 0 books and 12 shirts. Since the opportunity cost of 1 book is 3 shirts, moving from point E to point D (gaining 1 book) requires this economy to produce 3 fewer shirts. Thus, the number of shirts in combination D must be 12 shirts−3 shirts=9 shirts. The rest of the combinations can be calculated in a similar fashion, with the answers summarized in the following table.
The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was prepared during 2005 and launched in February 2006. Its objectives were to introduce policies, programmes and interventions that would allow the South African economy to grow enough to halve poverty and unemployment between 2004 and 2014.
In this context, it can be said that Luciana will use the skimming pricing strategy.
This strategy consists of setting a relatively high price for the new product or service that will be offered in the market and then gradually lowering its price.
This strategy works by charging a high initial price that will be accepted by the first customers and after the first demand is satisfied, the price will be reduced to attract the most price sensitive customers.