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Umnica [9.8K]
4 years ago
14

Identify each person in the table as structurally, frictionally, or cyclically unemployed.unemployment typestructuralfrictionalc

yclicalana is a real estate agent. house sales in her area have declined because the region has been going through a recession. she has no clients and is currently looking for a new full-time job.rajiv recently lost his job as a dishwasher. minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.simone just moved with her husband to portland, oregon. she's looking for a job as a paralegal.
Business
1 answer:
Mrac [35]4 years ago
5 0
<span>Alana's unemployment would be considered cyclical because the recession would be part of the business cycle. Rajiv, since the business will not expand, and is unqualified for higher-level positions, is an example of structural unemployment. Simone, since she is in the process of finding a new job, is an example of frictional unemployment.</span>
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2 years ago
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Kaiwan, Inc., a calendar year S corporation, is partly owned by Sharrod, whose beginning stock basis is $140,000. During the yea
REY [17]

Answer:

Sharrod's deductible loss  = stock basis + long term capital gains - cash distribution = $140,000 + $21,000 - $84,000 = $77,000

Sharrod's suspended loss  = share of ordinary loss - deductible loss = $84,700 - $77,000 = $7,700

Sharrod's new basis in Kaiwan stock  = $0

Explanation:

Sharrod's loss cannot be greater than his basis, that is why only $77,000 can be deducted and $7,700 can be carried forward.

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4 years ago
Linetech Company's bank statement showed an ending balance of $8,300. Items appearing in the bank reconciliation included: outst
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Answer:

$9,215

Explanation:

Given that,

Bank balance = $8,300

Outstanding checks = $650;

Deposits in transit = $1,300;

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Bank error = $265

Book cash balance:

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= $8,300 - $650 + $1,300 + $265

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8 0
3 years ago
Over a five-year period, (nominal) GDP in a nation increased from $10 trillion to $15 trillion, while the GDP price deflator inc
deff fn [24]

Answer:

The GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.

Explanation:

This can be calculate using the following formula:

Real GDP in year five = Nominal GDP in year five / (GDP price deflator in year five / GDP price deflator in year-one) ................... (1)

Where;

Real GDP in year five = Amount of GDP in year five, stated in terms of year-one dollars = ?

Nominal GDP in year five = $15 trillion

GDP price deflator in year five = 125

GDP price deflator in year-one = 100

Substituting the into equation (1), we have:

Real GDP in year five = $15 / (125 / 100) = $15 / 1.25 = $12 trillion

Therefore, the GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.

7 0
3 years ago
An investment in common stock acquired during the year at a cost of $40,000 has a year-end market value of $42,250. The year-end
SVEN [57.7K]

Answer:

c. Debit to Long Term investments for $2,250

Explanation:

The investment have increased therefore it will be debited with corresponding effect to unrealized gain on such investment.

Option C is correct.

6 0
3 years ago
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