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GuDViN [60]
3 years ago
8

Seasonal unemployment is : A. due to the fact that workers must search for appropriate job offers. B. a result of a poor match o

f worker's abilities and skills with current requirements of employers. C. a result of the seasonal pattern of work in specific industries. D. a result of business recessions that occur when aggregate demand is insufficient to create full employment.
Business
1 answer:
JulijaS [17]3 years ago
8 0

Answer:

C. a result of the seasonal pattern of work in specific industries

Explanation:

Seasonal Unemployment results out of seasonal demand of labor in those industries where the nature of job is dependent upon weather or business seasons.

For example in case of crops, during the harvest season, there is high demand for labor while during the rest of the year there is no demand at all. So laborers of such industries are employed for a fixed duration in an year and remain unemployed for the rest of the period.

This unemployment is not due to inadequacy of labor skills but results owing to nature of the industry and seasonal pattern of the work required.

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In most societies, resources are allocated by
Maksim231197 [3]
In most societies, resources are allocated by the combined action of millions of households and firms.
Resources are very important to setup and build societies. Resources are scare and this is the reason why societies and households faces many decisions. How societies manage scare resources, we study this in economics.
7 0
3 years ago
Which of the following comes closest to the value at the end of year 6 of investing $600 today (year 0) and then investing anoth
cestrela7 [59]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Investment= $600 today and $600 at the end of year 5

Interest rate= 3%

To calculate the final value, we need to apply the following formula on each investment:

FV= PV*(1+i)^n

FV= 600*(1.03^6)= $716.43

FV= 600*(1.03^1)= $618

Total FV= $1,334.43

5 0
3 years ago
The table below reports the total population in a country and the number of people in different groups as below:Total population
weqwewe [10]

The unemployment rate in this population is 12%

First of all we have to find the total labour force in this country

Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students

= 50million + 15million + 30 million + 10 million + 30 million + 20

= 155 million

Labor force = 280million - 155 million

= 125 million

In this population those working full time and part time are the number of those that are employed.

= 30 million + 80 million

= 110 million

The unemployed = 125 million - 110 million

= 15million

The unemployment rate =

\frac{Unemployed}{LaborForce} \\=\frac{15}{125}

= 0.12

The unemployment rate = 12%

Read more on brainly.com/question/15707932?referrer=searchResults

5 0
2 years ago
True or false? Individual electronic components can be combined into larger groups, called diodes, to increase their usefulness.
Butoxors [25]
This is False.

A diode is something completely different, but can be found in a computer and is an important electronic part.
8 0
2 years ago
Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be $125,000 in year 1 and incre
Inessa05 [86]

Answer:

The equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually is $127,432

Explanation:

In order to calculate the equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually we would have to calculate the following formula:

equivalent uniform annual worth of the maintenance costs= P(i(1+i)∧n/(1+i)∧n-1

The rate of interest i would be as follows:

rate of interest i=(1+10%/2)-1

rate of interest i=0.1025*100

rate of interest i=10.25%

The present value P would be calculated as follows:

present value P=$125,000(1-(1+1/100)∧5 (1+10.25/100)∧-5/(10.25/100-1/100)

present value P=$125,000*3.84

present value P=$480,000

Therefore,

equivalent uniform annual worth of the maintenance costs=$480,000*(10.25/100 (1+10.25/100)∧5/(1+10.25/100)∧5-1)

equivalent uniform annual worth of the maintenance costs=$480,000*0.2654

equivalent uniform annual worth of the maintenance costs=$127,432

The equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually is $127,432

5 0
3 years ago
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