Answer:
Part 1. Unemployment due to recession is Cyclical Unemployment.
Part 2. Mushashi recently lost her job because of Structural Unemployment.
Part 3. Rina is unemployed due to Frictional unemployment in the economy.
Explanation:
Part 1. A cyclical unemployment is the unemployment for a specific time duration and is inevitable due to serious issues across the country. Like nowadays, countries are suffering from great recession of all times recorded due to Corona-virus pandemic. One can assume that we will get rid of it sooner, so it is cyclical.
Part 2. Musashi is unemployed due to lower jobs demand of the skills that she possesses in the economy. Such type of unemployment that resulted because of the changes in the demand of the skills required is often referred to as structural unemployment.
Part 3. The frictional unemployment is the type of unemployment which exists in every economy because it occurs due to the process of employees shifting to other jobs by moving from one to another which is the case of Rina. She is now trying to shift to full-time position as she has graduated from college.
Answer:
$14.14 trillion.
Explanation:
China is the largest trading nation in the world and have signed many treaties with several countries around world in recent years. It has largest economy in terms of purchasing power parity(PPP). World largest manufacturing economy and exporter in the world. It makes them fastest growing economy in world with a growth rate of 6.9%. It has largest labour force in the world. However, its counterpart, United states is struggling to keep pace with world fastest economy with growth rate of just 2.1%.
Answer:
$7.90 per unit
Explanation:
The computation of the minimum price on these defective units is shown below:
It is equivalent to the selling & admin variable cost per unit i.e. $7.90 per unit
oAs all the other cost would be considered as a sunk cost because the product is already generated and the fixed cost is not considered as it would remain the same whether the production is increase or not
Therefore the second option is correct
Standard:
Wool required = 2 yard^2 per coat
Cost = $44/ yard^2
Therefore,
Total standard cost per coat = wool per coat * cost per yard squared = 2*44 = $ 88 per coat.
The correct answer is C.