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lions [1.4K]
3 years ago
6

Official unemployment rate statistics may:

Business
1 answer:
Marianna [84]3 years ago
7 0

Answer:

The correct answer is option D.

Explanation:

The unemployment rate shows the number of people who are unemployed. It is the ratio of the number of people unemployed and the total labor force.  

The discouraged workers are those people who are not employed and are not actively looking for jobs because they were not able to find one and stopped looking.  

In the official statistics, the discouraged workers are not included in either labor force or unemployed persons. This may lead to an underestimation of the amount of unemployment.

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[04.02 MC] A supply and demand graph, showing quantity on the x axis from 0 to 60 in 10 unit increments. Price is on yaxis from
Anvisha [2.4K]
The statement that describes the result is At that price, quantity demanded exceeds quantity supplied. This is because the quantity of the demanded product from the consumer has higher range than the amount of supply from the market. This can results into shortage
4 0
3 years ago
In the Romer model, the inputs to production are:
frosja888 [35]

Answer:

c. labor and ideas.

Explanation:

The Romer model is a type of economical model that breaks down the world into objects and ideas such as capital, labor

In the Romer model, the inputs to production are labor and ideas.

6 0
4 years ago
A company factored $45,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this trans
Nataly [62]

Answer:

C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Explanation:

Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Debit Cash $43,650

(97*$45,000)

Debit Factoring Fee Expense of $1,350

($3%*45,000)

Credit Account Receivable $45,000

6 0
3 years ago
Jim inherited a property that has not been maintained in years, the property needs new appliances, a roof, new siding, new elect
REY [17]

The lack of feasibility in doing repairs on the property inherited by Jim is called: incurable.

Incurable can be defined as any set of defects that is practically impossible for a property owner to fix, repair or cure, especially due to lack of maintenance and finance.

This ultimately implies that, incurable is a term that is associated with depreciation and it arises when the cost of repair of a property is far greater than the financial value of the property.

In conclusion, the lack of feasibility in doing repairs on the property inherited by Jim is called incurable.

Read more on incurable here: brainly.com/question/7986346

7 0
3 years ago
Suppose that Greece and Sweden both produce oil and stained glass. Greece's opportunity cost of producing a pane of stained glas
Wewaii [24]

Answer: Greece; Sweden

Explanation:

A country or a firm has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country or firm as compared to the other country or firm.  

Greece's opportunity cost of producing a pane of stained glass = 4 barrels of oil

Sweden's opportunity cost of producing a pane of stained glass = 8 barrels of oil

Therefore, opportunity cost of producing a pane of stained glass is lower in Greece as compared to the Sweden.

Hence, Greece has a comparative advantage in producing stained glass.

Greece's opportunity cost of producing a barrel of oil = \frac{1}{4}

                                                                                          = 0.25 pane of stained glass

Sweden's opportunity cost of producing a barrel of oil = \frac{1}{8}

                                                                                          = 0.125 pane of Stained glass

Therefore, opportunity cost of producing a barrel of oil is lower in Sweden as compared to the Greece.

Hence, Sweden has a comparative advantage in producing Oil.

4 0
3 years ago
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