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GuDViN [60]
3 years ago
9

Workers at a car-manufacturing plant in Flint, Michigan are laid off because the economy is weak and GM cars aren't selling well

. GM isn't sure when the plant will reopen. What type of unemployment best describes the workers' situation
Business
2 answers:
AleksandrR [38]3 years ago
5 0

Answer:

Cyclical unemployment

Explanation:

Cyclical unemployment is unemployment that results when the overall demand for goods and services in an economy cannot support full employment. It occurs during periods of slow economic growth or during periods of economic contraction. Cyclical unemployment is directly related to the level of macroeconomic activity, which is the aggregate, or combined, activity of all persons and entities involved in an economy.

rewona [7]3 years ago
3 0

Answer:

A)

Explanation:

Based on the scenario being described within the question it can be said that the type of unemployment that best describes this would be Cyclical Unemployment. This term refers to unemployment that is caused when the overall demand that exists in a market for the goods and services cannot support full employment within the economy. Such as in this case since the economy is weak and ultimately caused these individuals to lose their jobs.

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ABC Manufacturing employs some of the top professionals in its field, and because of their skills and experience, ABC is highly
andrew-mc [135]

Answer:

competitive advantage

Explanation:

A competitive advantage is the ability of a company to perform better than its competitors based on a unique value it offers to consumers. For example exclusive access to a resource, low pricing of same goods with competitors, highly skilled labour, geographic location, and brand recognition.

ABC manufacturing employs top professionals, so it is leveraging on its highly skilled labour to get competitive advantage in the industry.

5 0
3 years ago
The term soft money refers to illegal contributions made to candidates from lobbyists attempting to gain access.a. True b. False
aksik [14]

Answer:

False

Explanation:

Soft money is a donation not directly given to a candidate but to a party to be used in National Committees, but not in a federal campaigners.

It is not so regulated as the Hard Money.

Since the Supreme Court has allowed this in 2014 after being banned by legislation in 2002 (<em>Bipartisan Campaign Reform Act</em>) it is not illegal. But it has some rules.

3 0
4 years ago
Which of the following might be true for you as a first-time home buyer?
dybincka [34]
The bigger the house is the better for you
6 0
3 years ago
Investigate and list seven business function that may be found in your supermarket
Nat2105 [25]
Business functions refers to the critical activities that are very essential for the survival of a business. A typical business is usually divided into many functions or departments.
A typical supermarket will have the following business functions or departmental units: marketing, sales, accounting, purchasing, computing, advertising, human resources, etc.<span />
3 0
3 years ago
Suppose that a computer software company controls the operating system market. Although the government knows that the price is h
777dan777 [17]

Answer:

Turn the company into a public Enterprise.

Explanation:

Among options, the option to turn the company into a public enterprise is the most viable, thanks to the advantages of Public Enterprises including:

• Charges low prices.

• Provide essential facilities like education, health, free or at reduced prices.

• Ensures efficient control of industry.

• Expert administrative services.

• Money can be made available for R&D

• Private monopoly which would cause high prices is avoided.

• Foreign denominations of the economy are avoided.

In which, “money can be made available for R&D” is critical objective of government.

6 0
3 years ago
Read 2 more answers
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