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Marysya12 [62]
3 years ago
8

In one year, you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year

. what percentage of the unemployment spells you encountered was short term, and what percentage of the unemployment you encountered in a given week was long term?
Business
2 answers:
Viktor [21]3 years ago
6 0

Answer:

Short term unemployment 0%; long term unemployment 100%.

Explanation:

I met with 60 people in total, but only 8 of them can be considered unemployed. In order for someone to be considered unemployed, he/she must be without a job and actively seeking one for more than 4 consecutive weeks. If you are without a job for 1 week, you are not considered unemployed. Long term unemployment is defined as being unemployed for 27 weeks or longer.

In this case, all the 8 unemployed people are long term unemployed.

VARVARA [1.3K]3 years ago
4 0

Long term unemployment is defined as being unemployed for 27 weeks or more. In this example there are a total of 60 people, 52 people who would be categorized as short term unemployment and 8 people who would be categorized as long term unemployment.

In order to calculate the percentage of unemployment in each category you will need to divide the number in each category by the total number.

Short term = 52/60 = 86.7%

Long term - 6/60 = 13.3%

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Foreign firms should seek alliances with well-qualified local companies in countries characterized by inadequate legal and polit
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8 0
3 years ago
Jonathan Mfg. adopted a job-costing system. For the current year, budgeted cost driver activity levels for direct labor hours an
Hitman42 [59]

Answer:

C. $ 7,500

Explanation:

Estimated direct labor cost                                                       $ 100,000

Estimated direct labor hours                                                          20,000 hours

Predetermined rate per direct labor hours                  $ 5 per direct labor hour

Actual hours used on a job                                                             1,500 hours

Applied overhead based on the predetermined overhead

rate per direct labor hours

$ 5 per direct labor hours * 1,500 hours                                         $ 7,500

The information regarding machine hours is not relevant to the requirements of the question.  

4 0
3 years ago
When developing the advertising program, firms must choose between the various forms of media available. Each of the eight commo
SSSSS [86.1K]

Answer:

direct mail

Explanation:

6 0
3 years ago
Austin and Erin are willing to pay $10 and $9, respectively, for a ticket to a screening of a new movie. What is the total consu
Rina8888 [55]

Answer:

B) $7

Explanation:

The computation of the consumer surplus is shown below:

Consumer surplus = Willing to pay - Market price

For Austin, The consumer surplus = $10 - $6 = $4

For Erin, The consumer surplus = $9 - $6 = $3

So, the total consumer surplus = $4 + $3 = $7

Simply we deduct the market price from the willing to pay so that the consumer surplus can be computed

8 0
2 years ago
Those who are working are defined as_____ (one word) and those who are not working but actively seeking work are defined as____
Nat2105 [25]

Those who're running are described as hired and people who aren't running however actively in search of paintings are described as unemployed.

The required details for Unemployment in given paragraph

Unemployment, in keeping with the OECD now no longer being in paid employment or self-employment however presently to be had for paintings all through the reference period. Unemployment is measured through the unemployment rate, that's the range of those who are unemployed as a percent of the hard work force (the overall range of humans hired introduced to the ones unemployed). Unemployment and the fame of the financial system may be stimulated through a rustic thru, for example, financial policy. Furthermore, the financial authority of a rustic, along with the relevant bank, can have an impact on the supply and price for cash thru its financial policy. In addition to theories of unemployment, some categorizations of unemployment are used for extra precisely modelling the consequences of unemployment within side the financial system. Some of the principle styles of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment and classical unemployment.

Structural unemployment specializes in foundational troubles within side the financial system and inefficiencies inherent in hard work markets, which include a mismatch among the deliver and call for of people with important talent sets. Structural arguments emphasize reasons and answers associated to disruptive technologies and globalization.

To know about Unemployment click here

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#SPJ4

8 0
1 year ago
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