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Lynna [10]
3 years ago
9

Low unemployment rates are often: A. an indicator that finding a job is extremely difficult. B. associated with an ability to fi

nd a job with relative ease. C. the result of high cyclical unemployment rates. D. associated with recessions.
Business
1 answer:
lakkis [162]3 years ago
7 0

Answer:

The correct answer is letter "B": associated with an ability to find a job with relative ease.

Explanation:

Unemployment is the state in which an individual who is able and willing to join the workforce cannot find a job even if that individual is constantly looking for opportunities.  

<em>High unemployment rates are typically seen during recessions while the unemployment of a country tends to be low during economic growth. In the last scenario, mainly private investment helps to find a job to be relatively easy.</em>

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"Suppose an economist test the theory that when the price of leather increases, fewer pairs of shoes ..."His observations invalidate the testability of his hypothesis since they go against the ceteris paribus premise. This is further explained below.

<h3>What is an economist?</h3>

Generally, an economist is simply defined as a professional in economics.

In conclusion, To illustrate, "let's say an economist investigates the hypothesis that higher leather costs lead to fewer shoe purchases." Since his findings contradict the ceteris paribus premise, his hypothesis cannot be tested.

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You have an insurance policy with a $300 premium and a $500 deductible. how much should you expect to pay the insurance company
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Answer:

See explanation section.

Explanation:

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Answer:

Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate

Explanation:

Giving the following information:

Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $250,000.

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Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate

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