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.
Answer:
The minimum transfer price shoud be $28.50.
Explanation:
The transfer price is determined by two factors:
(1) The idle capacity of the business;
(2) The price in the market.
In this case, the repair division has idle capacity. This means that the transfer price could be equal to, but not lower than, the variable cost of production.
The estimated variable cost is $28.50 per labor-hour. However, this cost must be compared with the market price first, which is $30 per labor-hour. Hence, hiring labor from outside at $30 per labor-hour shall be relatively expensive and not a good option to exercise.
Since, the variable cost is lower, Cruises, Inc. should provide labor at $28.50 per labor-hour. Because there is idle capacity, this is also the minimum transfer price that should be charged.
Answer:
Accrued Revenues, Accrued Expenses, Deferred Revenue, Deferred Expense
Explanation:
Accrued Revenue:
When a revenue is recognised but, the payment is not yet received
Accrued Expense:
When an expense is recognised but, the payment is not yet done.
Deferred Revenue:
When the cash is received but the services are yet to be provided
Deferred Expense:
When the payment is done in advance and services will be received over time
Answer:
<em>The Rationality Assumption.</em>
Explanation:
The assumption of rationality is <em>the belief that people will choose something which will increase efficiency from a series of decisions; this advantage is prone to interpretation and it can be based on actual economic profit, benefit to society, and a multitude of other things.</em>
Economists often presume reason when interacting with theory and devising mathematical and statistical models to explain behaviour. It is safe to assume in many cases, such as a straightforward supply / demand model, that people will behave on basic moral standards such as a cap on desire to pay.
Answer:
10.23%
Explanation:
Formula for computation of equivalent taxable yield is r = rm/1-t. Where the tax rate is t, rm is Yield on municipal bond and r is Tax equivalent yield
r = rm/1-t
r = 6.75% / 1 - 34%
r = 6.75% / 0.66%
r = 10.22727272727273%
r = 10.23%
So, the equivalent taxable yield to a taxpayer in a combined federal plus state 34% tax bracket is 10.23%.