What Bill is experiencing is cyclical unemployment.
Cyclical unemployment is a type of unemployment that occurred due to the ups and downs of business cycles – where it would be low when the economic conditions are good, and it would be high when the economic conditions are bad.
Cyclical unemployment is part of the natural rate types of unemployment, together with structural and frictional.
Answer:
Correct answer is D, Unit variable cost remains and unit fixed cost decrease
Explanation:
The relationship between sales volume and unit fixed cost is<em> </em><em>inverse</em>. Which means, the larger the volume increase of sales, the smaller the unit cost fixed cost in the period. No matter how much is the increase in sales, the total fixed cost REMAINS, that is why it affects only on per unit cost. VARIABLE UNIT COST on the other hand, is constant and will never be affected on the increase in sales volume. The relationship between total variable cost and sales is <em>directly proportional</em>.
The answer is C. Earn more money
Gros income is the amount of money you earn in your paycheck from work. This after all deductions (such as taxes) are dealt with. So in all it's the amount of spending money you are paid. The only real way to change this is to make more money, therefore; your answer is C.
Answer:
A. Is the same as convergence of accounting standards
Explanation:
Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.
The notion of harmonization can be replaced by the concept of convergence.
Harmonization of international accounting standards is an imposition of standards by economically superior countries.
1. interest credited in bank account -- add to personal
2. fee charged by bank for returned check -- deduct from personal
3. checks issued but not deposited -- deduct from bank
4. deposits yet to be credited -- add to bank
