7. The _____ is a period of time long enough for firms to alter their plant capacities and for the number of firms in the indust
1 answer:
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Answer:
C. cyclical unemployment rate is 4 percent.
Explanation:
The cyclical unemployment is associated with business cycles of recessions and expansions. The actual unemployment rate is given by the natural rate of unemployment added to the cyclical unemployment rate. In this case, the cyclical unemployment rate is:
The answer is C. cyclical unemployment rate is 4 percent.
Answer: 21%
Explanation: The developer purchased 3 properties and he can buy each property for $20 per square foot.
Therefore: 75 × 110 =8250 square feet.
8250 × $20 = $165 000 per lot.
Each lot was sold for $200 000. Which means the developer made profits of:
$200 000 - $165 000 = $35 000 per lot.
The percentage of profit on each lot is:
Percentage of profit on cost amount:
=
= 0.2121212 recurring × 100
= 21,21%
Percentage of profit on sale amount:
=
= 0.175 × 100
= 17,5%