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Oksana_A [137]
3 years ago
14

At its height, what percentage of american workers were employed in an automotive-related industry?

Business
2 answers:
USPshnik [31]3 years ago
7 0
The percentage of American workers that were classified as employed in the industry that is automotive-related is only 20%. There were only 2 out 10 Americans who are working on this job. Automotive jobs cover auto dealerships, and manufacturing plants.
Luda [366]3 years ago
6 0

Answer:

The percentage of American workers are 20 percent

Explanation:

The Automotive industry deals with the manufacture, repairs and maintenance of automobiles of all type and shapes. in this ind of industry the workers needed are usually highly skilled workers who can assemble and maintain automobiles Engines, the electrical section of the Automobile and also the other mechanical parts that make up the automobile.

At the height of the Automotive industry about 20 % of American workers were directly or indirectly employed to work in this industry in one way or the other although the percentage was reasonable but didn't encompass the vast majority of American workers because of the level of skills required by the industry.  

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Consumer protection and services provided by government include all but ____.
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Its letter b. <span>guarantees of customer satisfaction
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Consumer protection<span> refers to a group of </span>laws<span> and organizations devised to ensure the </span>rights<span> of </span>consumers<span> as well as </span>fair trade, competition and accurate information in the market place and <span>to prevent businesses that engage in </span>fraud<span> or specified unfair practices from gaining an advantage over competitors. </span>
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3 years ago
If actual output exceeds potential output, the economy: Group of answer choices is experiencing an inflationary gap. may be in a
Lostsunrise [7]

A. Experiencing an inflationary gap; when actual output exceeds potential output the price level rises because employers have to raise wage rates to entice more people into the labor market and employers have to pay more for other inputs that become more expensive to produce.

What is an output gap?

The difference between an economy's actual and potential output is measured economically as the "output gap." The maximum amount of products and services that an economy can produce at its peak efficiency, or when it is operating at capacity, is known as potential output. Potential output is frequently referred to as the economy's production capacity. An output gap suggests that an economy is running at an inefficient rate—either overworking or underworking its resources.­

How it causes inflation?

Potential output, which is often defined as the level of output consistent with no pressure for prices to rise or fall, is frequently used by policymakers to measure inflation. The production gap serves as a quick indicator of the relative importance of the demand and supply sides of the economy in this situation. Thus, the output gap is a crucial link between the real side of the economy, which generates goods and services, and inflation. It quantifies the strength of inflation pressure in the economy.

Learn more about output gap here:

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4 0
1 year ago
I made a kahoot game that I had to do for my class. Can someone join it and tell me if its good or not?
hammer [34]

Answer:

Yes I Will Join

Explanation:

7 0
2 years ago
Read 2 more answers
The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-
sladkih [1.3K]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the break-even point in units with the desired profit:</u>

Desired profit= $109,000

Break-even point (units)= (Total fixed costs + desired profit) / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (145*0.8 + 197*0.2) - (75*0.8 + 87*0.2)

Weighted average contribution margin= $78

Break-even point (units)= (827,000 + 109,000) / 78

Break-even point (units)= 12,000

<u>For each product:</u>

Nylon= 12,000*0.8= 9,600

Wool= 12,000*0.2= 2,400

<u>Finally, the contribution margin income statement:</u>

<u />

Sales= (9,600*145 + 2,400*197)= 1,864,800

Total variable cost= (9,600*75 + 2,400*87)= (928,800)

Contribution margin= 936,000

Fixed costs= (827,000)

Net operating income= 109,000

7 0
3 years ago
Fixing your sink is an example of a nonmarket transaction.
svetoff [14.1K]
True it is a non market transaction
6 0
3 years ago
Read 2 more answers
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