The best way to increase economic efficiency on both a small and large scale is to divide labor tasks. This way each person or entity becomes a specialist in their field and output is increased and improved.
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Based on the information described above, the structurally unemployed individual is "<u>Jeanette</u>."
This is because <u>structural unemployment</u> is a form of unemployment whereby an individual is experiencing a non-correlation between his skills and the skills required of workers by employing industries.
In Jeanette's case, she has the skills of aircraft design engineering. However, no company is interested in her aircraft design skills. This shows <u>structural unemployment.</u>
Some of the causes of structural unemployment include the following:
- Foreign competition in labor;
- Outsourcing of production aboard;
- Robots replacing humans;
- Labor immobility;
- Reduction in manufacturing industries, etc.
Hence, in this case, it is concluded that Jeanette is the <u>structurally unemployed</u> one.
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Answer: C. Compare-and-contrast
Explanation: Comparison and contrasting is a technique employed in essays, writing or teaching which examines the similarities between two or more objects while also examining the differences between the same objects.
The scenario above is aimed at establishing the different definitions or understanding of the word 'family' as explained by two different groups by stating the different definitions offered by each group.
Answer: At the end of each of the next 5 years, you will deposit the following amount into your savings account: Year Cash Flow 1 $200 2 $300 3 $400 4 $200 5 $600 You expect interest rates to be higher in the future. Your best guess of what rates will be in the future is: Rate 1 year from now 10% Rate 2 years from now 11% Rate 3 years from now 12% Rate 4 years from now 13% If you forecast of interest rates is correct, how much money will you have 5 years from now
Explanation:
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