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anzhelika [568]
2 years ago
12

Maria lost her job because the economy is shrinking.What kind of example is stated above?

Business
1 answer:
Svetlanka [38]2 years ago
4 0
Answer: option C) cyclical unemployment.

An economical cycle includes shrinking and expansion. During shrinking the unemployment increases. Then this lost of job obeys to a state of cyclical unemployment.
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Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased fr
andreyandreev [35.5K]

Answer:

Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased from 4.8% to 6.2%. The sacrifice ratio is:______

d. none of the above

Explanation:

a) Data and Calculations:

Old inflation rate = 3%

New inflation rate = 1.6%

Old unemployment rate = 4.8%

New unemployment rate = 6.2%

Ratio of old inflation rate to old unemployment rate = 3 : 4.8 = 0.625

Ratio of new inflation rate to new unemployment rate = 1.6% : 6.2% = 0.258

Sacrifice ratio = Difference between the two ratios = 0.367 (0.625 - 0.258)

b) The sacrifice ratio is the difference between the old ratio and the new ratio of inflation rate to unemployment rate.

6 0
2 years ago
Let L1 and L2 be two lotteries with the same expected return. Suppose L2 has a larger variance and you are risk averse. Would yo
WITCHER [35]

Answer:

option 2)  smaller

As CE is the amount which if the agent gets with certainty, then agent will be indifferent between playing lottery or getting that amount with certainty

So L2 is more risky, & agent is risk averse, so agent will be ready to accept a lower amount with certainty ( as compared to the amount for a safer option : L1)

So CE of L2 will be lower

6 0
3 years ago
The price of a complementary good changes. __________ Demand shifts Movement along demand Incomes in the economy​ change; the go
ad-work [718]

NOTE: Your question isn't clear, Johnson. Would you mind checking it and writing it in a way you can be better helped?

Meanwhile, I hope these explanation below helps.

Answer and Explanation:

Two goods are said to be complementary goods if an increase in the price of a particular one leads to a commensurate decrease in the demand that buyers placed for the other one.

A good is said to be a normal good if the reason for an increase in demand is due to an increase in the income of the buyers.

A good is said to be an inferior good if there is a decrease in demand even though the buyers have experienced increase in their income.

4 0
3 years ago
Aromatic wines are known as ________, which generally are consumed before meals as a digestive stimulant.
IgorC [24]
Aromatic wines are known as Aperitif, which generally are consumed before meals as a digestive stimulant. Although this is about wine, there are other drinks typically alcoholic that are considered Aperitif's. These drinks are mild in taste and help clear and cleanse your pallet before a meal. 
8 0
2 years ago
he support manager at Universal Containers wants a dashboard that shows the number of cases that remain open as of 5:00 p.m. eac
erma4kov [3.2K]

Answer:

A. Report based on a reporting snapshot that runs daily at 5:00 p.m.

Explanation:

Since the support manager needs a dashboard in the given situation that reflects the number of cases that stay open at 5:00 p.m every day at Universal Containers and in this case, every day at Universal Containers, he likes to work on a reporting snapshot running daily at 5:00 p.m. because it shows the real-time status or we may say that the current status is really required.

hence, the correct option is a.

7 0
3 years ago
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