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PilotLPTM [1.2K]
3 years ago
11

waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill posi

tions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.
Business
1 answer:
Lera25 [3.4K]3 years ago
7 0

Answer:

This is a type of a Structural unemployment.

Explanation:

This is a type of a Structural unemployment.

As the minimum wage is allowing the local employers from adding more low skill positions, the employers are using the same positions for high skill personals. This indicates the a shift  has occurred in the economy that created a mismatch between the skills workers have and the skills needed by employers

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Tasty Subs acquired a delivery truck on October 1, 2021, for $22,500. The company estimates a residual value of $2,700 and a six
mixer [17]

Answer: Depreciation expense for 2021 = $825

Depreciation expense for 2022 =$3, 300

Explanation:

Using  Straight line depreciation

We have that our Annual depreciation= Purchase price - salvage value / useful life.

$22,500 - $2,700 / 6

=19,800/6

$3, 300

Depreciation expense for 2021  ( from October to December )

$3,300 x 3/ 12= $9,900/12

=$825

Depreciation expense for 2022 (  From January  to December)

Annual Depreciation = $3,300

6 0
2 years ago
Consider three closed economies. In the first economy, households spend $0.50 of each additional dollar they earn and save the r
aleksklad [387]

Answer:

b. In the first economy, the spending multiplier is greater than in the second economy. In the third economy, the spending multiplier is undefined

Explanation:

This can be easily understood by going through some calculations in a spending multiplier formula.

WORKINGS

The formula for Spending Multiplier = \frac{1}{MPS}

Spending Multiplier

Economy 1: Multiplier = \frac{1}{0.5} = 2

Economy 2: Multiplier = \frac{1}{1} = 1

Economy 3: Multiplier = \frac{1}{0} = undefined

Note: MPS can be abbreviated as Marginal propensity to save

As we can see here economy 1 is 50% greater than economy 2 and economy 3 is undefined because they spend whole dollar they earn additionally.

On behalf of the above calculations,  option B is a perfect match!

4 0
3 years ago
An undercover police officer is using an informant in order to be introduced to a local drug dealer. Just prior to the operation
Rama09 [41]

Answer:

The correct answer is that: informants are difficult to control and the police can not trust in them always.

Explanation:

To begin with, if the police officer finds out that the informant went behind his back and purchase drug then the officer must understand that the informant is not trustful and moreover<u> he could mean a risk to the whole undercover operation</u> that the police officer is managing, therefore that the scenario is propounding that situations like that exemplify that informants can not be trusted due to the fact that they are ex convicted and that is why the officers have to be carefull when working with them.

8 0
3 years ago
Read 2 more answers
"if i didn't have class tonight, i would save the $4 campus parking fee and spend four hours at work where i earn $10 per hour."
bixtya [17]
Opportunity Cost = It is the cost that is to be sacrificed for achieving something else.  
Given: - 
Campus parking fess (class) = $4 
Income earned through working for 4 hours in place of attending class = $40 ($10/hr) 
 Solution: -  
Opportunity cost of attending class = $4 + $40 = $44.
3 0
3 years ago
Ursula has a high tolerance for ambiguity but focuses on technical aspects more than social aspects. She is a careful decision m
Serga [27]

Answer:

Analytical

Explanation:

3 0
3 years ago
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