Answer: Option A
Explanation: In simple words, it refers to the unemployment which occurs due to the employees shifting and moving from one job to another. This kind of unemployment is unavoidable and exist in every economy to some extent.
A website that advertises job will be helpful to employees for gaining information and awareness about new openings.
Hence from the above we can conclude that the correct option A.
Answer:
-$303 Unfavorable
Explanation:
The computation of spending variance is shown below:-
Spending variance = Flexible budget - Actual cost
= (23 × $329 + $2,990) - $10,860
= $7,567 + $2,990 - $10,860
= $10,557 - $10,860
= -$303 Unfavorable
Therefore for computing the spending variance we simply subtracted the actual cost from flexible budget.
Answer: $6,285.71
Explanation:
$10,000 to be invested.
The portfolio expected return is a weighted average of the two stocks.
Preferred return = 12.4%
1,240 = 0.15X + 800 - 0.08X
1,240 -800 = 0.07X
0.07X = 440
X = $6,285.71
Invest $6,285.71 in Stock X.
Answer:
Inferior good
Explanation:
If the income elasticity of demand for renting apartments in Rhode island is estimated at -1.25. Based on this estimate, the renting of apartments in Rhode Island is considered to be an inferior good
The reason is that the income correlation coefficient is negative which implies that when income increases, demand for the apartments in Rhode Island falls.
It means that people only rent houses there when they are low on income or out of jobs but as soon as their income increases, they move to a better place.
For Rhode Island apartments to have been a normal good, it would have meant that the normal expectation of buyers demanding more when they have more money to buy, would have been the case; in which instance the income elasticity would have been positive.
The delay in the submission of proficiency testing results resulted in the agency declining the results. This event will be scored as a failure.
Proficiency testing determines the performance of laboratories based on specific tests. Proficiency testing is also referred to as interlaboratory comparison. The scores obtained by the laboratories are compared under this testing process.
While conducting proficiency testing, artifacts are circulated among the laboratories participating in this test. They create a report based on given instructions and submit it for proficiency testing to the administrator.
The results of the laboratories are compared to the reference value of the measurand or the quantity that is measured.
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