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Julli [10]
3 years ago
6

Suppose canada has a population of 30 million people, and labore force participation rate of 2/3. furthermoew, suppose the natur

al rate of unemployment in canada is 7%. if the current number of unemployed people is 1 million people, what can we conclude about canadas economy
Business
2 answers:
Tatiana [17]3 years ago
7 0

Inflation is 110

<u>Explanation:</u>

The consumer price index is the ratio of the basket prices of the current year to the basket price of the base year multipliers by 100, this helps us to determine inflation

now, cpi in second year = 5500 / 5000^{*} 100

                                         = 110

worty [1.4K]3 years ago
3 0

Answer:

<h2>the unemployment rate is above the natural rate of unemployment</h2>

Explanation:

Let us understand what is unemployment rate and natural rate of unemployment.

Unemployment rate:

It is the number of person in the country without job.

This regards to the cyclical unemployment.

It means when there is a country and educated people, there is a possibility of not getting job due to various reason like unskilled or skill does not match the requirement, etc.

Natural rate of unemployment:

Natural rate of unemployment is calculated with respect to the "frictional and structural unemployment". If this is above then it means that many employees are taken away from the company due to recession.

When there is huge unemployment, then the unemployed people might get demotivated and also lose their skills since they are not currently running in the market.

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Wages of 8,000 are earned by workers but not paid as of december 31
arsen [322]

Answer:

huh i dont understand that question no choosing letter

8 0
3 years ago
A clear understanding of ethical expectations is essential to an industry like lobbying, where illicit behavior can sometimes oc
Pachacha [2.7K]

It is true that a clear understanding of ethical expectations is essential for a sector such as lobbying, where there can be illicit behavior in favor of individual benefits.

<h3 /><h3>Lobbying</h3>

It corresponds to the influence of a group in the decisions of public power to favor its objectives.

To avoid unethical lobbying, there needs to be greater dissemination of information about this practice and greater control over the acceptance of contributions from interests, preventing the power of lobbyists over legislators.

The correct answer is:

  • True

Find out more information about lobbying here:

brainly.com/question/25117359

8 0
3 years ago
Given a normal selling price per unit of $750, what is the contribution margin per unit sold for recurring (i.e., normal) sales
Usimov [2.4K]

Answer:

$396

Explanation:

Calculation for the contribution margin per unit sold for recurring sales

Using this formula

Contribution margin per unit = Normal Selling price per unit - (Direct material +Direct labor+Variable factory overhead)-Variable selling & administrative costs

Let plug in the formula

Contribution margin per unit = $750 - ($120+ $150 + $60) - $24

Contribution margin per unit = $750 - $330 - $24

Contribution margin per unit= $396

Therefore the contribution margin per unit sold for recurring sales will be $396

5 0
3 years ago
Shen Company reports the costs incurred below for the month ended May 31. The company has no beginning Work in Process Inventory
Helga [31]

Based on the costs incurred by Shen Company, the schedule of costs of goods sold for manufactured goods is:

                                                                                 Total

Direct materials used                                            $6,300

Direct labor                                                             $4,390

<u>Manufacturing overhead                                      $7,560</u>

<u>Total cost                                                               $18,250</u>

Beginning WIP                                                            $0

Add: Cost during year                                           $18,250

Total manufacturing cost                                      $18,250

<u>Less; Ending WIP                                                   $(6,770)</u>

<u>Cost of goods manufactured                               $11,480</u>

<h3>What goes into the schedule of cost of goods manufactured?</h3>

Direct materials:

= 3,400 + 2,900

= $6,300

Direct labor:

= 4,000 + 390

= $4,390

Manufacturing overhead:

= 6,300 x 1.2

= $7,560

Find out more on the cost of goods manufactured schedule at brainly.com/question/22552308

#SPJ1

6 0
2 years ago
Read 2 more answers
ORM should only be used when the individual has time to plan an operation or evolution. A ) True B ) False
jenyasd209 [6]

Answer:

The correct answer is B. False.

Explanation:

Operational risk is understood (concept that includes legal risk and excludes strategic and reputational risk), the risk of losses resulting from the lack of adaptation or failures in internal processes, the performance of personnel or systems or those that are the product of external events. The objective of operational risk management is the identification, evaluation, monitoring, control and mitigation of this risk.

Given that the effective management of this risk helps to prevent future losses arising from operational events, the entity not only manages the operational risk inherent in current products, activities, processes and systems, but also that corresponding to new products, start of activities, setting in progress of processes or systems prior to its launch or implementation.

4 0
4 years ago
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