1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
3 years ago
15

Imagine that the U.S. economy has an initial unemployment rate equal to the natural rate of unemployment. Identify each event as

a factor that will either increase or decrease unemployment in the short run. increase An oil cartel raises oil prices. The U.S. dollar gains value against foreign currencies. American consumers expect higher income in the future. Brazil experiences economic growth and increases its demand for U.S. exports. U.S. real estate values rise.
Business
2 answers:
PilotLPTM [1.2K]3 years ago
5 0

Explanation:

Let’s explore one by one as proposed:

An oil cartel raises oil prices: all prices in the oil-related products will increase making it more expensive for companies to be able to afford employees. As the US economy is heavily based on oil import and consumption, the unemployment rate (let´s call it UR from now on) would increase. Countries that export more than import could benefit from this scenario.

The U.S. dollar gains value against foreign currencies: It would be more expensive to produce goods in the US as its currency becomes stronger. Hence companies could choose to produce overseas, increasing the UR. One of the factors that attract investments is a cheap currency, meaning that a company could operate there at lower costs than anywhere else.

American consumers expect higher income in the future: As fights about average salary would arise between employees and companies, igniting even sindicalization, its proper to think that the same as above could occur; companies could choose to produce overseas in countries less demanding of labor rights and income, such as China provinces (I would recommend for you to watch American Factory, a awarded Netflix documentary about that subject).

Brazil experiences economic growth and increases its demand for U.S. exports: as I said in the first alternative, a country that has increased or more expensive exports could benefit from that creating more jobs, in this case decreasing the UR. If Brazil demands more US products, more has to be produced by the country, which would mean more people employed in this attractive sector.

U.S. real estate values rise: to be honest, it only affects indirectly. As housing becomes more expensive, people have to work more to be able to afford housing. That would mean they seeking better-paying jobs or in the absence of those being homeless of at least unable to buy a home. We could argue that the UR would decrease because it becomes more expensive to afford housing and hence people would migrate more but that’s a long shot rationale.  

andreyandreev [35.5K]3 years ago
3 0

Answer:

Increase:

An oil cartel raises oil prices.

The U.S. dollar gains value against foreign currencies.

Explanation:

Decrease:

Brazil experiences economic growth and increases its demand for U.S. exports.

American consumers expect higher income in the future.

U.S. real estate values rise.

You might be interested in
In 2010, us nominal gdp was estimated to be $14.657 trillion dollars while the real gdp was estimated to be $13.245 trillion. wh
Tcecarenko [31]

Answer:

Nominal gross domestic product (GDP) measures the market value of all the new and legal goods and services produced in a country within a year. While real GDP adjusts nominal GDP to inflation. Since inflation is generally positive, real GDP decreases as inflation increases. The higher the inflation rate, the larger the difference between nominal and real GDP. Depending on which year is used as base year (year 0), the difference that existed in 2010 can be either significant or not.

The difference = ($14,657 / $13,245) - 1 = 10.66%, which means that nominal GDP was 10.66% higher than real GDP. If the base year is 2000 or even 2005/6, the difference is very small since the accumulated inflation would only be 10.66% for all these years. But if the base year was 2008 or even 2009, then the inflation rate is high.

8 0
3 years ago
Suppose there were several large outstanding checks on the year-end bank reconciliation that did not clear the bank by the cutof
BigorU [14]

Insufficient funds and irregular signatures are reasons why a cheque may not be cleared in time.

<h3>What is a Cheque?</h3>

This can be defined as a written, dated, and signed instrument which directs a bank to pay a specific sum of money to the bearer.

Insufficient funds and irregular signatures may delay the clearing of cheque which is a result of human error and could lead to returning it.

Read more about Cheque here brainly.com/question/24555580

4 0
2 years ago
the us government gave land to the railroads to help them expand. what impact did these land grants have on industries in the we
Monica [59]

Due to the grants' encouragement of settling and the creation of new industrial prospects, the West's industries were able to expand.

<h3>What to you understand by Industries? </h3>

An industry is a collection of businesses that are connected by their main lines of activity. There are numerous categories of industries in contemporary economies. Sectors are generally used to combine together bigger groups of industry classifications.

The processing and transformation of natural resources (raw materials) into other finished and semi-finished products is the primary function of industry in each nation's economy.

Industries have a significant role in the economic activities of modern man. Any nation's industrial growth is a major factor in determining its economic development. The main components of contemporary civilization are industries, which give us access to the things we need and job possibilities.

To learn more about the Industries, Visit: brainly.com/question/2839443

#SPJ4

6 0
1 year ago
A random sample of 30 lunch orders at noodles and company showed a mean bill of $10.36 with a standard deviation of $5.31. find
Paladinen [302]

The formula for calculating the Confidence Interval is as follows:

Confidence Interval = x +- (z*s)/√N

Where:

x = mean = 10.36

z = taken from standard normal distribution table based on 95% confidence level = 1.96

s = standard deviation = 5.31

N = sample size = 30

Substituting know values on the equation:

Confidence Interval = 10.36 +- ( 1.96 * 5.31) / √30

Confidence Interval = 8.46 and 12.26

Hence the bill of lunch orders ranges from 8.46 to 12.26.

<span> </span>

4 0
3 years ago
Zappos trains, educates, and gives its employees the knowledge to make decisions in the workplace. this philosophy is referred t
Elenna [48]
The philosophy discussed above is called enabling.
Enabling is providing workers with the education and tools they need to make decisions. Companies can empower workers by enabling them with the knowledge to make decisions that will benefit the company and satisfy the customers in the long run. This will lead to increase in profitability. 
6 0
3 years ago
Other questions:
  • On October 31, 2021, Damon Company’s general ledger shows a checking account balance of $8,415. The company’s cash receipts for
    10·1 answer
  • Susan picked up a package of potato chips and noticed on the front of the package the words, "0 grams of trans fat." She looked
    8·1 answer
  • Banks can create an unlimited amount of money. True or false, and why?
    10·1 answer
  • The records of Hollywood Company reflected the following balances in the stockholders' equity accounts at the end of the current
    11·1 answer
  • Because of the legal protection for intellectual property, such as patents, a firm has a better chance of recouping the costs of
    13·1 answer
  • A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $100 per day. Assume
    9·1 answer
  • HELP!!!!! Will mark as brainliest!!
    12·2 answers
  • How do u mark brainlist pls? hurry
    6·1 answer
  • Jane Spring maintained this record of vehicle expenses for last year: gas, $845.96; oil, lube, miscellaneous, $68.85; insurance,
    7·2 answers
  • What are ways that a country could shift its production possibilities curve to the right through improved technology?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!