Answer:
autoworker who is laid off from an automobile company due to a decline in sales caused by a recession.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
Mathematically, cyclical unemployment rate can be calculated using the formula;
An example of cyclical unemployment is an autoworker who is laid off from an automobile company due to a decline in sales caused by a recession.
The correct answer is the following.
A) Tax credits were offered for expenditures on home insulation. Affected the demand by decreasing it and the price decrease.
B) The Alaskan oil pipeline was completed. Affect the increase of supply and the price and the price decreases.
C) The ceiling on the price of oil was removed. Affect the decrease in demand and the price varies.
D) Oil was discovered in the North Sea. Affect the supply by increasing it and the price decreases.
E) Sport utility vehicles and minivans became popular. Affect the increase of the demand and the price increases.
F) The use of nuclear power decreased. Affect the increase of the demand and the price increases.
Many variables affect the price of oil. International prices are modified constantly and countries should have their provisions in order to prevent drastic changes to their economies due to the fluctuation of international oil practices. The important thing to consider is that not only economic factors affect the price of oil, but also political factors.
(Echo Echo Echo) (Charlie Charlie Charlie) (Operation bright star) (red party) (Bravo Bravo Bravo)
Answer:
To promote economic development
maintenance of peace, stability and security
Answer:
$16 increase on income
Explanation:
Cost of purchase - $125
Direct materials - $ 38
Direct labor - $ $50
Overhead - $ 75
Incremental variable cost -$21
Relevant cost = $(38 + 50 +21)= $109
Cost saved = $(125-109) = $16
It is cheaper to manufacture than buying.