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Brrunno [24]
3 years ago
13

High unemployment especially unemployment as the result of layoffs, CAN BE DEVASTATING FOR INDIVIDUALS AND BUSINESS.ALL OF THE F

OLLOWING ARE EFFECTS OF HIGH UNEMPLOYMENT EXCEPT
A. social and political unrest among the unemployed and minority groups

b.labor, land, and capital will be left idle

c.a loose money supply policy

d.potential wealth will be wasted
Business
2 answers:
MakcuM [25]3 years ago
5 0
A loose money supply policy broseidon.
Korolek [52]3 years ago
3 0

High unemployment especially unemployment as the result of layoffs, can be devastating for individuals and business. All of the following are effects of high unemployment except for " a loose money supply policy<span> "</span>

>A high unemployment rate can impede a country from progressing in all aspects.

>Monetary policy is defined as the management of a nation's money supply by the government or central bank.It happens when the money supply is expanded and is easily accessible to citizens to encourage economic growth. 

<span>
Read more: http://www.businessdictionary.com/definition/loose-monetary-policy.html#ixzz48jU6jgpo</span>
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When economists attempt to predict the spending patterns of U.S. households, they will typically view the _____________________
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<span>When economists attempt to predict the spending patterns of U.S. households, they will typically view the DAILY COST OF LIVING as a primary determining factor that influences the individual consumption choices that each will make. 

An economist can predict the spending power of the masses if he/she knows how much energy and monetary value is being spent on a daily basis. This way he/she will know the consumption choices that these consumers are making for themselves.</span>
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If there is a floor on wages created by a minimum wage, union contracts, or other factors, then a decline in the marginal produc
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Answer:

Decrease; Increase

Explanation:

When there is a decline in the marginal productivity of low skilled workers, it results in a decline or decrease in the demand for low skilled workers. Marginal productivity is the extra output gained from adding one unit of labour. Thus, if low skilled workers are added to increase marginal productivity, but then reaches the point of decline, the demand or the need for those low skilled workers reduces. The reduction or decrease in the demand for these low skilled workers then lead to an increase in number of unemployed workers as those unskilled workers becomes jobless.

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Triple Creek Hardware Store currently uses a periodic inventory system. Kevin Carlton, the owner, is considering the purchase of
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Answer:

Will switching to a perpetual inventory system strengthen Triple Creek Hardware’s control over inventory items?

  • Yes, a perpetual inventory system provides updated information about inventory levels and costs. Since it is updated immediately, many of the company's problems could be solved, e.g. you can place an alert for minimum inventory levels on certain products and you can determine if the stocks of low sellers are too high.

Will switching to a perpetual inventory system eliminate the need for a physical inventory count?

  • It will not completely eliminate the need to carry out a physical inventory, but it should reduce it substantially. Also, you can carry out a random physical inventory for certain products only. If the physical count shows that there are problems with the registered inventory, then you can carry out a complete physical count.

3 0
3 years ago
Read 2 more answers
Cambridge Co. uses the allowance method. During January 2019, Cambridge writes off a $640 customer account balance when it becom
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Answer:

A. not affect expenses in 2019.

Explanation:

Using the allowance method, when the amount is written off , the account receivable account is credited whereas the allowance for doubtful debts is debited

Moreover, it does not affect the income statement as there is no expenses incurred or no revenue earned is recorded

So, in this case, there is no affect on expenses account

8 0
3 years ago
A sample of 15 consumers provided the following product ratings for three different products. Five consumers were randomly assig
tia_tia [17]
  1. The value of the test statistic is equal to 9.98.
  2. There's sufficient statistical evidence at a 5% level of significance to state that there's a significant difference among the ratings for the products A, B, and C.

<h3>What is Kruskal-Wallis test?</h3>

The Kruskal-Wallis test is also referred to as one-way ANOVA on ranks or Kruskal-Wallis H test and it can be defined as a rank-based nonparametric test that is typically used to determine whether or not there are statistically significant differences between two (2) or more samples of an independent variable on either a continuous or ordinal dependent variable.

This ultimately implies that, a Kruskal-Wallis test can be used to determine whether two (2) or more samples originate from the same distribution.

Based on the given sample, the hypothesis is given by:

  • H₀: Ratings are the same for all the three products.
  • Ha: There are differences among the ratings for the products.

For this exercise, we would use R-studio to perform the Kruskal-Wallis test as follows:

df₁ = read.table (header = TRUE, text ="

product   Ratings

    A           55

    A           64

    A           79

    A           41

    A           69

    B           85

    B           99

    B           91

    B           88

    B           95

    C           65

    C           49

    C           35

    C           51

    C           58

")

DF₁ kruskal.test(Ratings ~ product, data = df1)

Based on the Kruskal-Wallis test, we obtained the following results (outputs):

Kruskal-Wallis chi-squared = 9.98.

Degrees of freedom, DF = 2.

P-value = 0.006806.

Next, we would determine the test statistic as follows:

Test statistic = Kruskal-Wallis chi-squared = 9.98.

P-value = 0.007.

Therefore, the p-value (0.007) is less than α = 0.05. Based on this, we should reject the null hypothesis (H₀) and accept the alternate hypothesis (Ha).

In conclusion, we can infer and logically deduce that there's sufficient statistical evidence at a 5% level of significance to state that there's a significant difference among the ratings for the products A, B, and C.

Read more on null hypothesis here: brainly.com/question/14913351

#SPJ1

7 0
1 year ago
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