<span>The answer is a. complementary </span>
Hi there!
The answer is A) A lack of labor mobility as people choose to remain in their hometown.
Unemployment is a complex issue, here are the reasons why the other options increase unemployment:
-Reduction in Union bargaining activities would increase unemployment because employers wouldn't have as many restrictions to reduce their workforce.
-Reduction in economic activity due to a recession would increase unemployment as the demand for products, and for workers too, will decrease.
-The existence of efficiency wages causes unemployment because the demand for labor will decrease, as employees get more and more efficient.
<span>A lack of labor mobility as people choose to remain in their hometown will not contribute to a higher level of unemployment. Instead, labor mobility can increase unemployment because there would be an oversupply of labor in a specific region. </span>
Answer:
It will take 10.058 years from today.
Explanation:
Giving the following information:
Present value= $1,091
Future value= $1,728
Interest rate= 12%
<u>First, we need to calculate the number of years it will take to transform the PV into the FV:</u>
<u></u>
n= ln(FV/PV) / ln(1+i)
n= ln(1,728/1,091) / ln(1.12)
n= 4.058 years
It will take 10.058 years from today.
Answer:
Trough
Explanation:
Trough economic situation is when the recession is hardest and comes after the phase of contraction where growth slows, employment declines (unemployment increases), and pricing pressures subside.
Trough is characterized by large number of people being unemployed due to extensive layoffs by companies in order to cut down their costs and reduce their output during the period of economic decline
