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Talja [164]
4 years ago
14

Classical economists contend that official measures of unemployment: Multiple Choice understate the problem due to the existence

of discouraged workers. overstate the problem because most unemployment is voluntary. understate the problem due to involuntary part-time employment. overstate the problem because most unemployment is cyclical.
Business
1 answer:
slamgirl [31]4 years ago
8 0

Answer: overstate the problem because most unemployment is voluntary.

Explanation:

Unemployment is a term that is used to refer to individuals who are looking for job but can not find a job.

Classical economists contend that official measures of unemployment

overstate the problem because most unemployment is voluntary.

According to the Classical economists, there is increase in employment because those seeking employment do not want to work for lower wages but will rather wait for high paying jobs and this therefore leads to overstating of the unemployment rate.

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If a firm enjoys economies of scale up to a certain output​ level, and cost then increases proportionally with​ output, what can
Len [333]

Answer:

D. decreases initially and then is horizontal.

Explanation:

A horizontal long run average cost curve reflects increase in cost proportionate to output, so the firm's long run average cost curve will fall initially and then become horizontal.

8 0
3 years ago
When a company leases an asset, the party that owns the asset is referred to as the____ and the party pays for the right to use
vazorg [7]

Answer:

Lessor; Lessee

Explanation:

When an asset is leased, the ownership of the asset is retained with the original owner before the lease arrangement. This party is known as the Lessor and he receives regular lease payments for the use of his property by the other party.

The other party to whom the asset is leased and who uses the property is know as the Lessee. The Lessee pays the lease payments to the Lessor for the use of the property. Once the lease arrangement ends, the Lessee stops his use of the property.

4 0
4 years ago
2. If a plant asset costs $6,000.00, has accumulated depreciation of $5,000.00, and is sold for $1,200.00, the gain or loss on d
Sliva [168]

Answer:

(C) $200.00 gain

Explanation:

The gain or loss on sale of fixed asset is calculated as follows:

Gain\Loss = Sale Price - (Cost of asset - Accumulated Depreciation)

If the value is positive it is gain and if the value is negative it is loss.

Here, we are provided that cost of asset = $6,000

Accumulated Depreciation = $5,000

And selling Price = $1,200

Thus, Gain/Loss = $1,200 - ($6,000 - $5,000)

= $1,200 - $1,000 = $200

As the value is positive that is selling price is more than carrying value of the asset there is a gain of $200

Thus, the correct option is

(C) $200.00 gain

6 0
4 years ago
Under mechanism of scientific management scientific task setting include?
RSB [31]

Answer:

All of the above
Explanation:

Time study

Motion study

Method study

All of the above

5 0
2 years ago
Maria purchased 100 shares of JAX stock for $30 per share and sold this same stock one year later for $29 per share. She paid co
ioda

Answer:

Option (d) $195

Explanation:

Data provided in the question:

Number of shares purchased = 100

Price per share = $30

Selling price per share = $29

Commission paid at the time of purchase = $50

Commission paid at the time of sale = $45

Dividend paid = $2 per share

Now,

Total cost of purchasing the shares

= Price of shares + Commission

= ( 100 × $30 ) + $50

= $3000 + $50

= $3050

Revenue from sales

= Selling price of shares - Commission

= ( 100 × $29 ) - $45

= $2900 - $45

= $2855

Therefore,

Capital loss = Total cost of purchasing the shares - Revenue from sales

= $3050 - $2855

= $195

Hence,

Option (d) $195

5 0
4 years ago
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