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kolbaska11 [484]
3 years ago
7

Historical data show that during the recession of 1990–1991, the natural rate of unemployment was about 5.9% while the actual un

employment rate was 7.0%. A decade later, during the 2001 recession, the natural rate of unemployment fell to 4.8% while actual unemployment was 6.0%. Using this information, which of the following statements is correct regarding these two short recessions? The actual unemployment rate was higher in 2001, while cyclical unemployment was higher from 1990−1991. Both the actual unemployment rate and cyclical unemployment were higher during the 2001 recession. Both the actual unemployment rate and cyclical unemployment were higher during the recession of 1990−1991. The actual unemployment rate was higher during the recession of 1990−1991, while cyclical unemployment was higher in 2001.
Business
1 answer:
Lapatulllka [165]3 years ago
6 0

Answer:

The actual unemployment rate was higher during the recession of 1990−1991, while cyclical unemployment was higher in 2001.

Explanation:

Given data in the question

In the year 1990-1991

The natural rate of unemployment = 5.9%

The rate of the actual unemployment = 7.0%

In the year 2001

The natural rate of unemployment = 4.8%

The actual unemployment rate = 6.0%

As we can see that

The actual unemployment is high in the year 1990-1991 i.e 7.0% as compare to the year 2001 i.e 6.0%

While the cyclical unemployment rate is high in 2001 i.e 1.2% (6.0 - 4.8%) as compare to the year 1990-1191 i.e 1.1% (7.0% - 5.9%)

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Apps,streamline

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The QuickBooks EcoSystem can be regarded as a quick box software along with different apps that has connection with it. It brings about good functionality in Businesses, through QuickBooks EcoSystem, accountant of a company can easily connect with different apps that allows to manage client and improve productivity. It should be noted QuickBooks Online ecosystem gives you and your clients access to a wide range of apps to help streamline their business and increase efficiencies.

8 0
3 years ago
The tax on a property with an assessed value of $ 68 comma 000 is $ 550. Using a​ proportion, find the tax on a property with an
Anika [276]

Answer:

The answer is $994.85

Explanation:

This can be calculated using the proportion method.

Unit $ worth of the property costs = $550 / $68,000 = 0.008088

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3 0
3 years ago
Carol Bates, a young, dynamic, and affluent banker, likes to shop online and try out new products. She likes to keep herself upd
Wittaler [7]
<h2>"Innovative" traits best describes Carol</h2>

Explanation:

Based on the given statement, Carol Bates is very much interested in grabbing the latest gadgets. It means that,

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4 0
3 years ago
ackenzie, Inc. has collected the following data.​ (There are no beginning​ inventories.) Units produced 600 units Sales price $
Leokris [45]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Units produced= 600

Direct materials $30 per unit

Direct labor $13 per unit

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Ending inventory= 600 - 400= 200 units

Under absorption costing, the fixed overhead costs get allocated to the product cost. First, we need to calculate the unitary fixed overhead cost:

Unitary fixed overhead= 17,800/600= $29.67

Now, we can determine the total unitary cost:

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Unitary cost= 30 + 13 + (6 + 29.67)= $78.67

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7 0
3 years ago
Please help
nika2105 [10]

Answer:

One is lower risk

Explanation:

8 0
3 years ago
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