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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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Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. incr
kumpel [21]

Answer:

c. reduce government costs by relocating government programs to private groups or corporations.

Explanation:

Privatisation is reducing the share of government ownership & increasing the share of private ownership.

It can be done in two ways : Disinvestment of Public Sector Units (PSUs)  Equity , Transfer of PSU (s) ownership & management to private sector.

Privatisation by either of the two ways reduces the financial burden on government, by liberating them from management of public sector or state owned enterprises. This public private reallocation, hence reduces government costs or expenditure -  by assigning programs unnecessary to be done by public sector - to private groups or corporations.

Eg : When Indian Economy underwent New Economic Policy [Liberalisation, Privatisation, Globalisation] in 1991, it reduced government reserved sectors from 18 to only crucial 3 - Railways, Defence etc.

6 0
3 years ago
Generally, the payment of an accelerated death benefit is _______ to a recipient if the benefit payment is qualified.
IrinaK [193]

The correct answer is Tax free.

An Accelerated Death Benefit (ADB) enables the holder of a life insurance policy to obtain a portion of the death benefit from the insurer before passing away. The policyholder must typically have a terminal illness with a life expectancy of two years or fewer.

<h3>How are benefits for hastened death paid?</h3>

A lump amount may be provided as part of some hastened death benefits. With a benefit for a terminal disease, this happens more frequently. Payments for chronic illnesses are more frequently made. According to Schelhaas, some accelerated death benefit riders are simple because they pay a specific portion of the death benefit.

To know more about Insurance , visit: brainly.com/question/27822778

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8 0
2 years ago
A(n) _____ innovation initially provides a lower level of performance than the marketplace has grown to accept but is improved t
Anuta_ua [19.1K]

Answer: c.disruptive

Explanation: A disruptive Innovation is one that leverages new technologies to attack existing markets from the bottom up (existing market/new technology).

4 0
4 years ago
Bruce, a first-line supervisor at Lou’s Market, regularly uses abusive and derogatory words when dealing with his subordinates.
Burka [1]

Answer:

The correct answer is Interpersonal.

Explanation:

Interpersonal justice refers to the perception of justice of employees in the interpersonal treatment they receive from those who have the power and the power to distribute the results (usually managers and managers). It is important for managers to be courteous and polite and treat employees with dignity and respect to promote interpersonal justice. In addition, managers and managers must refrain from making derogatory comments or belittling their subordinates.

4 0
3 years ago
What does TBC stand for in business studies
erma4kov [3.2K]

Answer:

TBC means “To be confirmed“. It is used to describe an item that is not yet certain or is being developed.

Explanation:

8 0
3 years ago
Read 2 more answers
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