1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xenn [34]
3 years ago
12

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will . The dem

and for labor among textile-producing firms in South Carolina, for which cotton is an input, will . The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal
Business
1 answer:
exis [7]3 years ago
4 0

Answer:

decrease

increase

Frictional

) establishing government employment agencies to connect unemployed workers to job vacancies 

Explanation:

The options needed to answer the last question are :

a) extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government 

b) establishing government employment agencies to connect unemployed workers to job vacancies 

c) offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

It follows that if the world price of cotton falls, the quantity supplied would fall too as firms would reduce their production of cotton. If firms reduce their production of cotton, they would need less labour and the demand for Labour would fall.

In the industry that makes use of cotton has an input, the fall in world price would make cotton cheaper. The firm would increase the quantity demanded for and as a result production would increase. Firms would need more labour as a result of the increase in production. Therefore, the demand for Labour would increase.

Frictional unemployment is unemployment that results as a result of labour moving from one job to another

Establishing government employment agencies to connect unemployed workers to job vacancies would ease the job search of labour and reduce unemployment.

I hope my answer helps you

You might be interested in
Suppose that this year a small country has a GDP of $100 billion. Also assume that Ig = $30 billion, C = $60 billion, and Xn = –
dexar [7]

Answer:

G = $20 Billion

Explanation:

Given that

C = $60 billion

GDP = $100 billion

Gross Investment = $30 billion

Net export = $10 billion

Recall that

GDP = C + Ig + G + Xn

Therefore

G = GDP - ( C + Ig + Xn )

G = 100 - ( 60 + 30 + [-10])

G = 100 - (90 - 10)

G = 100 - 80

G = 20

Thus, government expenditure is $20 billion.

8 0
3 years ago
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour
nikklg [1K]

<u>Explanation:</u>

1. Calculation of labor spending variance for the month of march

Labor spending variance = (Actual rate x actual hours)- (Standard rate x Standard hours)

=(13 x 63000) - (12 x (26000 x 3))

=-1,38,600

Labor spending variance for the month of March is $138600

2.Calculation of variable manufacturing overhead planning cost

Variable manufacturing overhead planning cost= (Planning budget units x required hours x cost per hour)

=(21000 x 3 x7)

=441,000

Variable manufacturing overhead planning cost is $441,000

3. Calculation of Variable manufacturing overhead cost

Variable manufacturing overhead  cost= (Actual units x required hours x cost per hour)

=(26600 x 3 x7)

=$558,600

Variable manufacturing overhead  cost is $558,600

4. Calculation of Variable overhead rate variance

Variable overhead rate variance= Actual hours ( actual rate - standard rate)

=63000((510930/63000)-8)

=63000(8.11-8)

=63000(0.11)

=6930

Variable overhead rate variance is =6930

3 0
3 years ago
If you are accused of a criminal act, you can substantially lower your legal costs by _____.
evablogger [386]
B. By accepting a public defender (since then you wouldn't have to pay for a lawyer)
3 0
3 years ago
Read 2 more answers
Can I get help on this job application please ?
Fynjy0 [20]

Answer:

The answer is below.

Explanation:

Most likely to do:

"Ask your store Manager if you can hold the markdown price for them so they can get it for the same price when it is back in store."

Doing the above will ensure you retain the customer's trust, and while you didn't direct your customer to a competitor, which is detrimental.

Least Likely to do:

"Offer to provide the address and phone number for the nearest store, and explain that stores get frequent shipments with new items."

Doing the above is detrimental to your store, as you will be sending your customers to a direct competitor.

6 0
2 years ago
On July 15, 2016, you convert 650,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month
Mice21 [21]

Answer:

The question is not complete:

On July 15, 2016, you convert 650,000 U.S. dollars to Japanese yen in the spot foreign exchange market (¥104.91/$) and purchase a six-month forward contract ($0.0095320/¥1) to convert yen into dollars. How much will you receive in U.S. dollars at the end of six months? (Round your answer to 2 decimal places. (e.g., 32.16))

The sum of $650,001.38  would be received in six months

Explanation:

In the first place by buying the yen in the spot market on July 15 ,2016, the amount of yen is computed thus:

$650,000 was at (¥104.91/$) ,which implies that each $ was exchanged for ¥104.91

yen received =$650,000*104.91/1

                       = ¥ 68,191,500.00  

The six month forward contract outcome is as follows:

($0.0095320/¥1)

each Yen was exchanged $0.0095320

dollars received= ¥ 68,191,500.00 *0.0095320/1

                          =$650,001.38  

3 0
3 years ago
Other questions:
  • Which of the following is the best example
    10·1 answer
  • Hey!
    5·1 answer
  • A tornado struck the only manufacturing plant of Toledo Farm Implements (TFI) on June 1. All work-in-process inventory was destr
    13·1 answer
  • A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2021. Accounting records on that date indicated the following:
    13·1 answer
  • Which country is both the top export market and the top supplier for the united states?
    13·1 answer
  • Pat Smith is personnel director for a large bank. Her major goal is to find a person who can adapt his or her leadership to diff
    14·1 answer
  • While differing in details, all of the major types of project life cycle models have a series of phases with activities that nee
    7·1 answer
  • Dunning's theory of international investment is known was the electric program in the theory brand names trademarks, economies o
    10·1 answer
  • Which of the following below is not one of porter's five forces?
    7·1 answer
  • The time required to chance a machine from making one product or service to the next is called:______.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!