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8090 [49]
3 years ago
12

Which is an example of someone who is cyclically unemployed?

Business
1 answer:
Korolek [52]3 years ago
7 0

Answer:

<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. </em>

Explanation:

Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

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Answer:

The correct answer is (A) True.

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A project has an initial cost of $2,400. The cash inflows are $0, $1,600, $1,100, and $700 over the next four years, respectivel
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Answer:

It will take 2.73 years to cover the initial investment.

Explanation:

<u>The payback period is the time required to cover the initial investment:</u>

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3 years ago
Most real-world choices aren't about getting all of one thing or another, instead, most choices involve _________________, which
34kurt

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marginal analysis

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it is believed that the rational man makes marginal analysis.

for example, a rational man would continue consumption up to the point that the marginal utility of the last bottle consumed equal marginal price.

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