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shepuryov [24]
3 years ago
10

After 15 years with Ford Motor Corporation, one summer Cameron loses his job. His boss explained that his position has been down

sized after the technological advances in automobile production. Ford no longer requires the skill that Cameron had.Cameron is best considered A) not in the labor force. C) frictionally unemployed. B) structurally unemployed. D) cyclically unemployed.
Business
1 answer:
Alina [70]3 years ago
3 0

Answer:

B) structurally unemployed.

Explanation:

Structurally unemployed: It is a kind of unemployment that occur due to mismatch between skill required for job available and skill possessed by the individual or unemployed population. This is caused by technological advancement or higher competition in the market. It has long-lasting effect on economy and required fundamental changes to overcome the structural unemployment.

Actions required to overcome structurally unemployed:

  • Education and training.
  • Relocation of subsidies.

In the given case, Cameron has lost his job due to technological advancement in automobile production, which is a case of structural unemployment.

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Suppose the u.s. house of representatives is debating a bill to fund construction and maintenance for the nation's highway syste
barxatty [35]

The answer is a rider.

A rider is an additional provision added to a piece of legislation. They may or may not relate to the subject of the legislation that they are attached to. Riders are usually created as a tactic to pass a controversial provision that would not pass as its own bill.

3 0
4 years ago
Using an example, explain the relationship between human resources and business objectives....
marysya [2.9K]

Human Resources are like eyes,mouth,legs and etc. they help us everyday and we need them,without them we wouldn’t be anything and some ppl don’t have them but they work without it. Business objectives is like you doing something that requires objectives like pen,paper,laptop something that will help with business.

4 0
3 years ago
A cost that does not depend on the quantity of output produced is called
mr Goodwill [35]
The answer is fixed cost(b)
6 0
3 years ago
In one year, the Hotel by the Shore incurred $100,000 in fixed costs. Because the hotel booked 10,000 room nights, its total var
Dimas [21]

Answer:

$200,000

Explanation:

Total cost = Fixed cost + variable cost

$200,000 = $100,000 + $100,000

Fixed cost is cost that do not vary with production. E.g. rent

If no production activity takes places, fixed cost would still be incurred.

Variable cost is cost that varies with production e.g. wages

If no production activity takes place, there would be no variable cost.

I hope my answer helps you.

5 0
4 years ago
Suppose that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a stock ind
Tasya [4]

Answer:

See Below

Explanation:

We can use the future price formula here, which is:

F=Pe^{(r_f-d_y)*\frac{n}{12}}

Where

F is the theoretical future price

P is the present index standing

r_f is the risk free rate

d_y is the dividend yield

n is the number of months of the futures deliverable

Now,

given

P = 395

r_f = 0.1

d_y = 0.03

n = 3

Substituting, we get:

F=Pe^{(r_f-d_y)*\frac{n}{12}}\\F=(395)e^{(0.1-0.03)*\frac{3}{12}}\\F=(395)e^{0.0175}\\F=401.97

Actual future price is 404. The index future price is higher. So the strategy would be to sell the futures contracts. Long the shares underlying the index.

4 0
3 years ago
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