Answer: Occurs only during a recession.
Explanation:
Cycling unemployment is a kind of unemployment where company lay-off workers because they can't meet up with their payments: as a result of a general drop in the demand for goods and services in the economy of country.
Cyclical unemployment are very common in recessions as companies then massively drop workers in their establishment due to general low economic activities.
<span>The shortest possible time an activity can be completed realistically is called crash time. In project management crash time is a method that is used to shorten the length of a project. To do this, the team will decided on a crucial part of the project they can complete in less time than normal. This speeds up the projects completion time and allows for more work to be completed. </span>
Answer:
Perfect Plungers Plus is the company that would give Donna a stable long term investment
Explanation:
Because it has a low standard deviation than the other company, meaning it has the expected value as a low standard deviation is, also its data is not far from the mean and is not spread out.
Answer:
.d amount by which consumption increases when disposable income increases by $1.
Explanation:
The marginal propensity to consume is measured by measuring what proportion of a $1 increase in income is spend on consumption, so if the marginal propensity to consume is 0.85 it means that when income increases by $1 consumption will increase by $0.85 as (0.85*1)= 0.85
Answer:
The income elasticy of demand for steak is 0.5
Explanation:
The income elasticity of demand formula is:
IED = Δ%Q / Δ%Y
Where:
- Δ%Q is change in quantity demanded
- Δ%Y is change in income
So for this case:
IED = 2%/4%
= 2/4
= 0.5