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3 years ago

Which term is used to describe a situation where most people who are looking for work are able to find a job?

Business

2 answers:

OlgaM077 [116]3 years ago

6 0

Answer:

Full employment

Explanation:

Full employment is used to describe an economic situation where all available labor resources are used efficiently. In full employment, the highest number possible of both skilled and unskilled workforce is employed.

Full employment is an ideal situation where everyone seeking employment will find a job. Under this condition, the rate of unemployment is zero. For an economy to achieve full employment, it must be producing at its full potential. Full employment is a hypothetical situation that is difficult to achieve practically. A business cycle that occurs naturally is among the reasons for not attaining full employment.

torisob [31]3 years ago

4 0

Answer:

Full employment

Explanation:

Full employment is a condition in which all/most people who are willing and are actively seeking for jobs are able to find a job/get employed. in full employment condition the skilled,semi-skilled and the unskilled are all fully employed in the economy.

A full employment condition is a very unrealistic condition that most Economies of the world have strived so hard to achieve but are still facing challenges. the unemployment rate can be drastically reduced but might not be eliminated completely because some unskilled persons might not get jobs requiring a skilled individual hence might still remain unemployed until jobs requiring no skills are open.

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$144,200

Explanation:

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2 years ago

Drag the tiles to the correct boxes to complete the pairs. For each scenario match it to the correct factor describing the purpo

lord [1]

The purpose for holding money in economic in classified into:

transactional motive
precautionary motive
speculative motive

<h3>The Drop-downs includes:</h3>

When price levels rise, people hold onto cash. - Speculative motive

When interest rates are low, people forgo interest income - Speculative motive

When aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.

When interest rates are low, people speculate that they will soon increase - Speculative motive

Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motive

Ben is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motive

Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motive

Daphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motive

Read more about holding motives

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2 years ago

Unlike consumer credit, trade credit does not involve the use of a

hammer [34]

Answer:

Trade credit means many things but the simplest definition is an arrangement to buy goods and/or services on account without making immediate cash or check payments. Trade credit is a helpful tool for growing businesses, when favorable terms are agreed with a business's supplier.

Explanation:

Trade credit allows businesses to receive goods or services in exchange for a promise to pay the supplier within a set amount of time. New businesses often have trouble securing financing from traditional lenders; buying inventory, for example, on trade credit helps increase their purchasing power.

3 0

2 years ago

Curtain Co. paid dividends of $12,000; $17,000; and $18,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,3

Bezzdna [24]

Answer:

$2,150

Explanation:

Annual cumulative preferred stock dividend = 2,300 × $100 × 6.5% = $14,950

Cumulative preferred stock dividend carried forward to year 2 = $14,950 - $12,000 = $2,950

Cumulative preferred stock dividend payable in year 2 = $14,950 + $2,950 = $17,900

Cumulative preferred stock dividend carried forward to year 3 = $17,900 - $17,000 = $900

Cumulative preferred stock dividend payable in year 3 = $14,950 + $900 = $15,850

Dividend received by common shareholders during Year 3 = $18,000 - $15,850 = $2,150

3 0

3 years ago

XYZ Inc. has a facility with six departments (A, B, C, D, E, and F). A summary of the processing sequence for 10 products and th

denpristay [2]

Answer:

hello your question is incomplete attached below is the complete question

answer : attached below

Explanation:

<u>A) develop the from-to chart based on expected weekly production </u>

Firstly we calculate the production quantity processed

i) Qab = 960 + 1200 + 720 + 2400 + 480 + 2400 + 3000 + 960 + 1200 = 13320

ii) Qbd = 2400 + 3000 + 1200 = 6600

<u>B) calculate the values to be entered in cells of table attached below (develop a block layout using SLP )</u>

Cell bc = 11400 + 6600 = 18000

Cell bd = 6600 + 3000 = 9600

Cell be = 4920 + 5400 = 10320

Cell cd = 2400 + 1200 = 3600

Cell ce = 4200 + 7800 = 12000

Cell df = 960 + 1200 = 2160

7 0

3 years ago