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3 years ago

Maria lost her job because the economy is shrinking. This is an example of _____.

Business

2 answers:

kakasveta [241]3 years ago

7 0

It is an example of cyclical unemployment.

I hope this helps!

Eduardwww [97]3 years ago

7 0

Maria lost her job because the economy is shrinking. This is an example of "cyclical unemployment".

Cyclical unemployment is when workers lose their positions in view of downturns in the business cycle. You can tell when the economy decreases by estimating total national output. In the event that the economy contracts for two quarters or more, it's in a recession.

Cyclical unemployment is impermanent. It relies upon the length of the contraction. A normal recession endures around year and a half. A depression can last ten years.

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Payday loans could be considered

Molodets [167]

C. subprime lending

Its not something you want to do all of the time

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3 years ago

A telephone customer service center wants to ensure that the majority of its customers’ calls are answered within a reasonable a

mr_godi [17]

Answer:

The Capability Index for this process is 1.04. The right answer is B

Explanation:

According to the given data we have the following:

μ = 31 Seconds

USL = 45

LSL = 10

Standard deviation σ= 4.5

Therefore, in order to calculate the Capability Index for this process we would have to use the following formula:

Cpk=Min( USL-μ , μ- LSL)

3×σ 3×σ

Cpk=Min( 45-31 , 31- 10)

3×4.5 3×4.5

Cpk = Min ( 1.04,1.56) = 1.04

The Capability Index for this process is 1.04

7 0

3 years ago

Cliff Co. wants to purchase a machine for $42,000, but needs to earn a return of 11%. The expected year-end net cash flows are $

grandymaker [24]

Answer:

54 percent

Explanation:

3 0

2 years ago

What is the effect on real GDP of a $150 billion change in planned investment if the MPC is 0.65? $ nothing billion. (Enter

ExtremeBDS [4]

Answer and Explanation:

The computation of the effect on real GDP is shown below:

change in GDP is

= Multiplier × change in investment

= 1 ÷ (1 - MPC) × change in investment

= 1 ÷ (1 - 0.65) × $150 billion

= 2 × $150 billion

= $300 billion

And, the marginal propensity to consume is

= Change in spending of consumer ÷ income change

= (2,100 - 1,200) ÷ (4,000 - 3,000)

= 900 ÷ 1,000

= 0.9

6 0

2 years ago

Under which conditions is price elasticity of supply relatively elastic or relatively inelastic?

Ulleksa [173]

Answer:

1. Firms are operating in the short run - relatively inelastic

2. Firms would have a hard time storing their goods - relatively inelastic

3. Firms have a large amount of excess capacity - relatively elastic

4. Firms can easily relocate from one location to another - relatively elastic.

Explanation:

The price elasticity of supply is less in the short run than in the long run. In the short run supplier does not have enough time to adjust the production level so supply is inelastic. The firms facing hard to store their goods then the supply is inelastic. If the firm has spare capacity available then the supply is relatively elastic because supplier can produce more if the demand is greater. The mobility factor also effects elasticity, if firm can easily relocate itself then the supply is elastic.

6 0

3 years ago