The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.
<h3>What is unemployment rate?</h3>
The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.
The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.
Therefore, the unemployment rate is defined as the state of being unemployed.
Learn more about the unemployment rate, refer to:
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The freeing up of trade barriers in the Caribbean is being accompanied by foreign exchange liberalisation giving local exporters access to funds they need to bring in foreign goods.
Answer:
Shortage cost for May is $71,000
Explanation:
The expected demand for the month of May is 5000 units.
Shortages for month are carried to next month.
Shortage cost is $10 per month.
(Working days per month x hrs/day x # of workers)
20 days * 8 hours * 23 workers = 3680
Jan : 3680 - 3500 = +180
Feb : 3680 + 180 - 4500 = -640
Mar : 3680 - 640 -6000 = -2980
Apr : 3680 - 2980 -6500 = 5780
May : 3680 - 5780 -5000 = 7100
Answer:
False.
It wasn't stated if the life insurance covers risky hobbies/activities like skydiving
Explanation:
In this scenario Rudolph does not know Macy. Most likely they are not related for him to tender Macy's death certificate in fulfillment of the requirements for payment.
Delays to payouts may also arise if:
The insured party died during the course of illegal activity such as driving under the influence.
The insured party lied on the policy application.
The insured omitted health issues or risky hobbies/activities like skydiving.
