Answer:
B. Minus 2.63%
Explanation:
Increase in consumption = Change in consumption × Household wealth
= $0.05 × $45billion
= $2.25billion
Total output = Potential GDP ÷ Multiplier effect
= $120 billion ÷ 1.4
= $85.71
Total change in output = Increase in consumption ÷ Total output
= $2.25 ÷ $85.71
= $0.0263 or 2.63%
<u>Answer:</u> They can best be classified as structurally unemployed.
<u>Explanation:</u>
Unemployment which has resulted because of the change in technology that is implemented in a business can be called as the structural unemployment. The skills demanded by the employers differs from the skills offered by the workers.
The casual dining has replaced the employees with tablets which is cost beneficial for the business. The employees who have lost their jobs due to technological change at workplace is called as structural unemployment. Here the casual dining is said to have industrial reorganization for various benefits.
Please give more information!!!
Answer:
GDP per capta will be $54.5454
So option (a) will be correct option
Explanation:
We have given GDP of US in 2014 is roughly about $17.4 trillion
We know that 1 trillion = 1000 billion
So GDP of US = $17.4×1000 = $17400 million
Population of US in 2014 = 319 million
We have to find the GDP per capita
For finding GDP per capita we have to divide total GDP to number of peoples
So GDP per capita will be 
So option (a) will be the correct option
