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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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When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits
Oxana [17]

Answer:

b. social benefits will be greater than private benefits

Explanation:

Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.

This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.

An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.

So it is correct to say that the social benefits will be greater than the private ones. Letter b.

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3 years ago
Suppose an economy produces only cranberries and maple syrup. In 2010, 50 units of cranberries are sold at $20 per unit and 100
mestny [16]

Answer:

A. 90

Explanation:

nominal GDP = 50*20 + 100*8 = 1800

real GDP = 50*10 + 100*15 = 2000

GDP deflator = (nominal GDP/ real GDP)*100 = (1800/2000)*100 = 90

5 0
3 years ago
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anygoal [31]

Answer:

The correct answer is option A.

Explanation:

Consumer spending refers to the expenditure of households on consumer goods and services. The aggregate consumer spending depends upon the disposable income of the consumer, the real interest rate, consumer optimism and wealth.  

Consumer spending is positively related to disposable income, consumer optimism and wealth. The real interest rate is inversely related to consumer spending.

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3 years ago
Any Good Knock Knock Jokes? <br><br> Asking for an assignment and it cannot be proven that I'm not.
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-interrupting cow
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5 0
3 years ago
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Purchasing stock on credit is called?​
Natalija [7]

Answer:

it's known as a margin call.

Explanation:

Buying on margin is borrowing money from a broker in order to purchase stock. Margin trading allows you to buy more stock than you'd be able to normally.

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