Answer:
cyclical unemployment.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Cyclical unemployment rate (CU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Natural Rate of Unemployment (NU).
A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
Mathematically, cyclical unemployment rate can be calculated using the formula;
Hence, the increase in unemployment that occurs during recessions and depressions is called cyclical unemployment
Answer:
Cost per equivalent unit: $60
Explanation:
Cost per equivalent unit = (Cost of Beginning Work in Progress Inventory + Total production cost during the period) / Equivalent Units of Production (EUP)
Total Production Cost = $90,000
Equivalent Units of production (EUP) = 1,300 + 400 x 50% = 1,500 units
Cost per equivalent unit: $90,000 / 1,500 units = $60
Answer:
Human capital
refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees
Fixed income gives a steady of income to the individual.
<h3>What is a fixed income?</h3>
The complete question wasn't found online. An overview was given as the complete information wasn't found.
It should be noted that a fixed income means an investment approach that is focused on presentation of capital and income.
The examples of fixed income include municipal bonds, certificate of deposit, etc.
It should be noted that fixed income orders a steady stream of income with less risk.
Learn more about income on:
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Answer:
c. technological advances
Explanation:
The most effective means of increasing productivity and overcoming economic crisis in the Late Middle Ages came from increasing the efficiency of workers and providing workers with better tools
