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GrogVix [38]
3 years ago
11

People who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equil

ibrium are best classified as Group of answer choices cyclically unemployed. structurally unemployed. frictionally unemployed. discouraged workers.
Business
1 answer:
Alik [6]3 years ago
3 0

Answer: structurally unemployed

Explanation: The structurally unemployed are people who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equilibrium. This translates to a mismatch between the jobs available and the skill levels of unemployed workers i.e., the skills unemployed workers have do not match the skills needed or required by employers which often are higher paying. Structural unemployment is caused by forces such as technological advancements, trade agreements etc. Typically it occurs when an underlying shift in the economy makes it difficult for some group of workers to obtain jobs.

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A) Lanni takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years.  FINANCIAL ASSET CREATED: when the loan was received, a financial asset was created. Money is exchanged for a promissory note.

B) Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software.  REAL ASSET CREATED: when the software was developed, a real asset was created. Money was invested in developing the software.

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The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, who share profits and losses in
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The amount of a company’s sales revenue that remains after subtracting the “cost of goods sold,” a standard accounting measure o
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3 years ago
A sharp downturn in the U.S. housing market reduced the income of many who worked in the home construction industry. A Wall Stre
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Answer:

Answer is explained in the explanation section.

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And if their families do not have as much as it use to be then they will not be able to buy near as much as they used to.

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<em>E) Satisfaction Guarantees</em>

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