1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lapatulllka [165]
4 years ago
5

PLEASE HELP----- Explain how the three groups (laborers, businesses, and government) are connected in regard to unemployment. Ho

w does a change in one group affect the other two? For example, if a business lays off thousands of employees, what impacts (social, political, or economic) might the lay-offs have on government and laborers?
Business
2 answers:
alex41 [277]4 years ago
7 0
<span>When laborers are out of work, then they can't as often to buy product from business, which in turn the business loose money have to lay their laborers off,which creates a vicious cycle.Then at times the government will come up with their programs to help the business and try to keep the economy going.</span><span />
Brut [27]4 years ago
6 0

When there is unemployment then there is low inflation rate. So, on the demand side of the labor market they are better. Seeing it from the wages point of view, they can buy more, then the real wage increases. On the supply side, wages will decrease because labor is higher. The business will be better is they hire laborers because then they will have to pay lower wages, but their demand will reduce due to the unemployment consumption spending. Then, their revenues are weakening. The government will face a fiscal deficit because they will have to give unemployment benefit in order to raise the demand to arrive to the equilibrium again.

You might be interested in
jeremy has focused on developing his listening skills and using his​ firm's new intranet technology to better convey information
Anastaziya [24]

Jeremy has focused on developing his listening skills and using his​ firm's new intranet technology to better convey information. Jeremy is focusing on the employability skills of communication.

Communication is an essential employability trait in today’s fast-paced and interconnected world. It consists in the capacity to exchange information with other people through various mediums, ranging from direct conversations, to the written form, to even televised form such as the TV ads.

Open and genuine communication in the workplace is key to fostering a healthy work culture. It is a top trait of the team player. Managers need to be effective communicators to ensure employees are committed to the organization’s values and understand their specific responsibilities. Communication is essential to concluding beneficial partnerships and expanding one’s consumer bases.

To learn more about communication skills: brainly.com/question/28147993

#SPJ4

3 0
2 years ago
As the price of a product increases, the amount of the product that a producer is willing to supply increases. A. True B. False
shepuryov [24]

Answer:

My answer to the question is True.

6 0
3 years ago
Nokia transitions caused disruptions in its labor force. New skills were needed and old skills were less important. Managers nee
JulsSmile [24]

Nokia's workforce experienced interruptions as a result of transformations. Old talents became less significant and new skills were required. Employers needed encouragement from managers to adjust to the changes.  Managers needed to be leaders.

<h3>Leadership Qualities of a Good Manager</h3>
  • Motivates Others: This might be the most crucial characteristic among all those that distinguish successful managers. An organization's success is frequently fueled by its capacity to empower team members and support each individual's pursuit of excellence. 
  • Demonstrates Honesty and Transparency: The latter category includes good managers, who typically exhibit a high degree of candour regarding their work. Because of this, both their managed staff and their overseeing executives are confident in their managerial abilities.
  • Effectively communicates: Employees are having trouble understanding a manager's requests if poor communication is present. A good manager has strong, situation-specific communication skills. He or she might be able to convey strategic goals to a room full of executives as well as identify extremely specific goals for a project team.

Learn more about good managers here:

brainly.com/question/21440129

#SPJ4

5 0
2 years ago
The cost of a trade-off is known as its
vlabodo [156]

the answer is A because the term trade off is often expressed as an opportunity cost

4 0
3 years ago
Olaoaoaosoodjsdujbcjhdhdjshdskdj dhehehkb
7nadin3 [17]
I speak this ididudjejsjs eisidjxnzjsjs ajsj sisixhdjdjejdjdjs didisjdjjsksksx
8 0
3 years ago
Other questions:
  • The right to encumber goods as collateral for a debt is dependent on who is holding title.
    12·1 answer
  • M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and
    9·1 answer
  • A business initially sells their product to customers for $50. They find that many people are buying their product so they rise
    8·1 answer
  • Drag each option to the correct location on the image.
    7·1 answer
  • What are the two components of a universal policy?​
    11·2 answers
  • The RideEm Bicycles factory can produce 160 bicycles in a day at a total cost of $10,600. It can produce 180 bicycles in a day a
    13·1 answer
  • What issue about an economic factor of production does this headline describe?
    12·1 answer
  • Fariq purchases and places in service in 2020 personal property costing $2,611,000. The taxpayer plans to apply the Sec. 179 ded
    8·1 answer
  • Using the same brand name for different products is an application of which concept from behavioral learning theory?.
    6·1 answer
  • 1. You are a small employer wishing to establish a benefits program for your employees. What things should you consider to ensur
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!