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Goryan [66]
3 years ago
8

Dmitri recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from

adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training. The following table shows data on frictional, cyclical, structural, and total unemployment for an economy.
Rate Unemployment Type(Percent)
Frictional 1.1
Cyclical 0.0
Structural 3.2
Total unemployment 4.3
This economy is not currently at its natural rate of unemployment.
A) True
B) False
Business
1 answer:
Lelechka [254]3 years ago
7 0

Answer:

B. FALSE

Explanation:

This economy is currently at its natural rate of unemployment because there is <u>no cyclical unemployment</u>

In macroeconomics, <u>full employment is the level of employment rates where there is no cyclical or deficient-demand unemployment. </u>

<u>The economy is considered to be at full employment when the actual unemployment rate is equal to the natural rate</u>.

Hence, it is false to allege that the economy in the given scenario is not currently at its natural rate of unemployment

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6 0
4 years ago
During year five, estimated tax payments of$225,000 were paid and debited to prepaidtaxes. There were no differences betweenfina
irakobra [83]

Answer:

a. 710,000

Explanation:

Current assets are calculated as follows:

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Accounts receivable, net $725,000

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In JB Company's December 31, year five Balance Sheet $710,000 should be reported as current assets.

7 0
3 years ago
Surfer sam company produced 4,000 units of product that required 2.5 standard hours per unit. the standard fixed overhead cost p
Svet_ta [14]

The fixed factory overhead volume variance is $400 (unfavorable)

solution

Fixed Overhead Volume Variance = Applied Fixed Overhead – Budgeted Fixed Overhead

Applied Fixed Overhead = 4,000 units ×2.5 hrs per unit×$0.80 = $8000

Applied Fixed Overhead= 4,000 units ×2.5 hrs per unit×$0.80 = $8000

and

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Fixed Overhead Volume Variance = $8000- $8400 = $400 (unfavorable)

Fixed Overhead Volume Variance = 8000- 8400 = 400 (unfavorable)

3 0
3 years ago
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gayaneshka [121]

Answer: c

Explanation:

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Which of the following is a type of intellectual property?
GuDViN [60]
C: software

in most countries, there are four primary types of intellectual property (IP) that can be legally protected: patents, trademarks, copyrights, and trade secrets.

Copyrights do not protect ideas, but rather the manner in which ideas are expressed (“original works of authorship”) - written works, art, music, architectural drawings, or even programming code for software
5 0
3 years ago
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