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vfiekz [6]
3 years ago
11

President Bigego is running for re-election against Senator Pander. Bigego proclaims that more people are working now than when

he took office. Pander says that the unemployment rate is higher now than when Bigego took office. You conclude that
a. one of them must be lying.
b. both of them could be telling the truth if the labor force, and employment grew at the exact same rate.
c. both of them could be telling the truth if the labor force grew slower than employment.
d. both of them could be telling the truth if the labor force grew faster than employment
Business
1 answer:
maks197457 [2]3 years ago
7 0

Answer:

d. both of them could be telling the truth if the labor force grew faster than employment

Explanation:

The president claims that more people are working, this is a nominal approach, if 5000 people were working at the beginning of his term and now, which is ending it has 5001 people working his statement will be true.

The senator makes a more economic approach, while there are more people employement, we must remember than the labor force grows each day, as more kids finish their studies and jump right into the search of jobs.

So, both statement can be true, example

at beginning

600/6,000 = 10& unemployement

6,000 labor force - 600 unemployee = 5,400 working

leaving the office:

1,100/10,000 = 11% unemployement

10,000 labor force - 1,100 unemployee = 8,900 working

UNder this scenario, both are true.

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Using the direct method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It allocates
nadezda [96]

Answer:

Cutting department= 9.9%

Explanation:

Giving the following information:

Using the direct method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced.

Square Feet

Janitorial Department 100

Cafeteria Department 10,000

Cutting Department 2,000

Assembly Department 8,000

Total square feet= 20,100

Cutting department= 2,000/20,100= 9.9%

8 0
3 years ago
Consider the market for loanable funds. Suppose that savers make deposits in savings accounts at banks. Initially, the interest
tiny-mole [99]

Answer:

A: The supply of loanable funds curve

B: left

C: Increase

Explanation:

If the tax rate on interest earned on savings deposits rises to 25% then the <u><em>supply of loanable funds curve</em></u> will shift to the <u><em>left </em></u>causing the equilibrium interest rate to <u><em>slide upwards (or increase). </em></u>

The supply curve for loanable funds slopes upwards from left to right. This means that when interest rates are high, lenders are more willing to lend more funds to investors and businesses. The intersection of the demand and supply curves for loanable funds creates the equilibrium interest rate.

Cheers!

8 0
3 years ago
In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connection
noname [10]

Answer:

The correct answer is:

Producers, consumers.

In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connections between agricultural producers and food consumers.

Explanation:

The globalization process of agriculture has allowed the agricultural world to expand in a more appropriate and faster way, since it has provided the necessary elements lacking in the past for a growing economy in this important field for humanity. The Globalization of agriculture has been acting like a growing chain, once the exportation process grows, it provides more employment and at the same time when families have more income the demand grows as well.

3 0
3 years ago
Read 2 more answers
A firm engaging in efficient​ production, using current​ technology, ________ produce its current level of production with​ ____
insens350 [35]

Answer:

C.

Explanation:

Efficiency is manifested in the proper use of time, and resources for an intended purpose. Meaning, it is doing things right.

Production efficiency is based on a business's ability to produce the highest number of units of a good while using the least amount of resources possible.

Also, is the comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.).

In this example, the firm has already meet the efficient point. It is not possible to produce the same level of production with less resources.

7 0
3 years ago
Pelican Inc., a multinational oil corporation headquartered in Denmark, conducts its operations in various nations by establishi
Ivanshal [37]

Answer:

The correct answer is letter "B": franchising.

Explanation:

A Franchise is a business where one person, the <em>franchisee</em>, gains access to the proprietary knowledge, processes, and trademarks of a <em>franchisor</em>. In return for a royalty, the franchisee acquires the right to market a product or service under an existing brand name.

The customer is already familiar with the brand, so there is no need to invest additional resources to promote the product.

6 0
3 years ago
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