All categories

3 years ago

Which unemployment "category" describes each situation below?

Business

1 answer:

allochka39001 [22]3 years ago

3 0

Answer:

a. landscapers laid off in response to drop in new housing construction during a recession: CYCLICAL UNEMPLOYMENT

b. coal miners laid off due to EPA regulations that shut down a coal fired power plant: STRUCTURAL UNEMPLOYMENT

c. a financial analyst who quits his/her job in Chicago and is pursing similar work in Arizona: FRICTIONAL UNEMPLOYMENT

d. printers laid off due to drop in demand for printed catalogues and flyers as firms go the internet to promote and advertise their products: STRUCTURAL UNEMPLOYMENT

e. factory workers in the U.S. laid off as the plants shut down and move to Mexico: FRICTIONAL UNEMPLOYMENT

f. Jack graduated from college last month, but he has not yet started looking for a job: FRICTIONAL UNEMPLOYMENT

g. Professor H took 6 months off from his job at Gigantic U, and is now working on a fishing boat in Alaska: FRICTIONAL UNEMPLOYMENT

Explanation:

Unemployment is a situation or period of time whereby people are looking for jobs but they can't find any jobs.

We have three types of unemployment. They are:

1. Structural Unemployment: This is a type of unemployment whereby people are unemployed because their skills no longer match the jobs that are available due advancement in technology, specific academic requirements or training skills.

2. Frictional unemployment: This is a situation whereby people are unemployed because people are looking for new jobs, or changing from one job to another.

3. Cyclical Unemployment: This is the type of unemployment or period of time whereby people are unemployed because there is a decline in the economic system of a country for example economic recession.

You might be interested in

The Hall Corporation had 100,000 shares of common stock outstanding at the beginning of the year. Hall issued 30,000 shares of c

Vladimir [108]

Answer:

weighted average of outstanding shares. 124,000

for diluted EPS: 145,000

Explanation:

beginning 100,000

+ 30,000 x 7/12 (May issued shares)

+ 13,000 x 6/12 (130,000 x 10% stock dividends)

100,000 + 17,500 + 6,500 = 124,000 shares for the weighted average of outstanding shares.

for the diluted earning per share:

each bond can convert to 21 shares, potentially increasing the amount of shares outstanding to:

1,000 x 21 = 21,000 new shares

<u>so for diluted EPS we will use:</u>

124,000 + 21,000 = 145,000

5 0

3 years ago

Which of the following statements about federal student loans is true?

svetlana [45]

I believe the answer is: A. the interest rate on your loan will be fixed over time

There are two things that separate a student loan with any other type of loan. The first one is that there is no time limit of when the student loan must be paid. The second one is that unlike any loan, student loan would not dissapear even if you declare a personal bankruptcy.

6 0

3 years ago

Read 2 more answers

What are the three factors which make an acceptable medium of exchange?

NNADVOKAT [17]

- equal

- value

- legality

Please vote my answer branliest! Thanks.

4 0

3 years ago

Maximizing the efficiency of the manufacturing or product development process to minimize costs is referred to as _________.

nydimaria [60]

Answer:

Operation excellence

Explanation:

This concept demonstrates the steady improvement in the product cycles with the support of product cycles, teamwork skills, leadership, problem-solving, decision making, etc. through which an organization's goals and objectives could be effectively and efficiently achieved.

The motive of every organization is to sell the products of the company as per the customer expectations so that it can gain the competitive advantage in the market place by minimizing the cost to the greater extent but at the same time, the company should maintain the quality of the product

6 0

3 years ago

(Bond valuation) You are examining three bonds with a par value of $1 comma 000 (you receive $1 comma 000 at maturity) and

Anna71 [15]

Answer:

Bond A, 5 years to maturity, semiannual coupons, 8%

Bond B, 10 years to maturity, annual coupon, 8%

Bond C, 15 years to maturity, semiannual coupon, 8%

a) market rate 8% semiannual

Bonds A and C will be worth $1,000 (par value)

price of bond B:

effective interest rate = 1.04² - 1 = 8.16%
PV of face value = $1,000 / 1.04²⁰ = $456.39
PV of coupon payments = $80 x 6.66192 (PV ordinary annuity factor, 8.16%, 10 periods) = $532.95

market price = $989.34

b) price of bond A:

PV of face value = $1,000 / 1.025¹⁰ = $781.98

PV of coupon payments = $40 x 8.75206 (PV ordinary annuity factor, 2.5%, 10 periods) = $350.08

market price = $1,132.06

price of bond B:

effective interest rate = 1.025² - 1 = 5.0625%
PV of face value = $1,000 / 1.025²⁰ = $610.27
PV of coupon payments = $80 x 7.69817 (PV ordinary annuity factor, 5.0625%, 10 periods) = $615.85

market price = $1,226.12

price of bond C:

PV of face value = $1,000 / 1.025³⁰ = $476.74

PV of coupon payments = $40 x 20.93029 (PV ordinary annuity factor, 2.5%, 30 periods) = $837.21

market price = $1,313.95

c) price of bond A:

PV of face value = $1,000 / 1.075¹⁰ = $485.19

PV of coupon payments = $40 x 6.86408 (PV ordinary annuity factor, 7.5%, 10 periods) = $274.56

market price = $759.75

price of bond B:

effective interest rate = 1.075² - 1 = 15.5625%
PV of face value = $1,000 / 1.075²⁰ = $235.41
PV of coupon payments = $80 x 4.91292 (PV ordinary annuity factor, 15.5625%, 10 periods) = $393.03

market price = $628.44

price of bond C:

PV of face value = $1,000 / 1.075³⁰ = $114.22

PV of coupon payments = $40 x 11.81039 (PV ordinary annuity factor, 7.5%, 30 periods) = $472.42

market price = $586.64

d) If the market rate is lower than the coupon rate, then the bonds will sell at a premium. The longer the maturity date, the larger the variations in market price due to different interest rates. E.g. the 15 year bond is more affected than the 5 year bond.

7 0

3 years ago