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pochemuha
3 years ago
5

An inventor in Burginville developed a fantastic new dictation machine that perfectly records speech and turns it into a typed d

ocument. Unfortunately, that meant that unemployment increased among typists working in offices. Which type of unemployment is this? Explain.
Business
2 answers:
MAVERICK [17]3 years ago
6 0

Answer:

Technological unemployment

Explanation:

Technological unemployment is a form of unemployment that arise as a result of improvement and development of new technologies.The aim is to improve the process of speed , labor saving and and quality and overall efficiency.

As it is known that a machine is capable of running production at a faster rate compared to human effort , therefore its introduction or upgrade leads to reduction in required human effort

The unemployment effect of the new dictation machine falls into this category.

Rasek [7]3 years ago
5 0

Answer:

This type of unemployment is called structural unemployment

Explanation:

Structural unemployment refers to the unemployment which happens due to a structural change in the economy, for instance, when there is a development of a new technology or industry. For example, when a person finds a cure for all dental diseases, and as a result, a dentist loses his/her job, this will lead to being structurally unemployed.

As we can see in the scenario presented above, the invention has cost the typists their jobs, and this is because there is a mismatch between the skills of the typists and the potentials offered by the invention.

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Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In addition, he is being paid a bonus
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Answer

The answer and procedures of the exercise are attached in the following image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

6 0
3 years ago
On September 11, 2016, Home Store sells a mower for $590 with a one-year warranty that covers parts. Warranty expense is estimat
Ad libitum [116K]

Answer:

Sep 11

Dr Cash 590.00

Cr Sales 590.00

Dec 31

Dr Warranty expense 59.00

Cr Estimated warranty liability 59.00

July 24

Dr Estimated warranty liability 41.00

Cr Repair parts inventory 41.00

Explanation:

Home Store Journal entry

Sep 11

Dr Cash 590.00

Cr Sales 590.00

Dec 31

Dr Warranty expense (590*10%) 59.00

Cr Estimated warranty liability 59.00

July 24

Dr Estimated warranty liability 41.00

Cr Repair parts inventory 41.00

4 0
3 years ago
Read 2 more answers
During 2022, Bramble Corp. reported cash provided by operations of $778000, cash used in investing of $672000, and cash used in
Murrr4er [49]

Answer:

Bramble free cash flow was $508,000

Explanation:

Cash provided by operations = $778,000

Cash used in investing = $672,000

Cash used in financing = $186,000

Cash spent on fixed assets during the period = $270,000

Average current liabilities = $637,000

Average total liabilities = $1,682,000

Free cash flow = Cash flow from operating activities - Capital expenditures

= $778,000 - $270,000

= $508,000

5 0
3 years ago
When selecting words to include in a résumé, they should be complex in nature. Please select the best answer from the choices pr
kramer

The statement that when selecting words to include in a résumé, they should be complex in nature is false. In contrast, when writing a resume you should use concise, simple, strict and clear sentences. The resume presents a person's  backgrounds and skills and the wording should be very carefully selected.

7 0
3 years ago
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An economist makes an assumption that each additional year of education causes future wages to rise by 7 percent. In this​ model
ladessa [460]

Answer:

Wage year 4= $12222.19

Explanation:

Giving the following information:

Each additional year of education causes future wages to rise by 7 percent.

A person with 12 years of education makes ​$21 000 per​ year.

A person with 4 years of education=$?

We will use the present value formula to calculate the wage in year 0. Then with the final value formula calculate the year 4 wage.

PV= FV/[(1+r)^n]

FV=final value at t time

r= rate

n= period of time

PV= 21000/(1,07^12)= $9324. 2511

Final Value= PV*(1+r)^t

Final Value year 4= 9324.2511*(1,07^4)= $12222.19

8 0
3 years ago
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