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3 years ago

can frictional unemployment by itself explain the fact that the late 2010s saw more job openings than unemployed workers

Business

1 answer:

neonofarm [45]3 years ago

4 0

Answer:

Frictional unemployment cannot by itself explain the fact that the late 2010s saw more job openings than unemployed workers.

Instead, frictional unemployment points to the fact that some people are unemployed because they are just entering the labor market for the first time after a long period of absence.

Explanation:

As a part of natural unemployment, frictional unemployment arises when workers search for new jobs or transition from one job to another. During economic recession, there is no increase in frictional unemployment. Typical examples of frictional unemployment are caused by graduating students who join the labor force and are unemployed until they find work and parents who rejoin the workforce after taking sometime to stay at home and raise their children.

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The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000,

Margaret [11]

Answer:

36.26%

Explanation:

Simple rate of return:

return/investment

return:

In this case, it will be the cost saving for the new machine: 161,000

investment

We will decrease the investment by the recovery from the old machine.

468,000 new machine - 24,000 salvage value of new = 444,000

Then, proceed to calculate:

161,000/444,000 = 0.3612 = 36.26%

Consideration:

Is important to state that this rate, do not consider the time value of money, neither the cash flow of the project.

3 0

3 years ago

Novak’s Market recorded the following events involving a recent purchase of inventory: Received goods for $112000, terms 2/11, n

Arte-miy333 [17]

Answer:

Option (C) is correct

Explanation:

The payment is made during the discount period of 11 days so the 2% discount rate would be applicable.

Goods purchased = $112,000

Goods returned = $2,200

Discount = (Goods purchased - goods returned) × 2%

= ($112,000 - $2,200) × 2%

= $2,196

Net purchase = Goods purchased - returned - Discount

= $112,000 - $2,200 - $2,196

= $107,604

Total inventory cost = Net purchase + Freight cost

= $107,604 + $400

= $108,004

Therefore, company’s inventory increased by $108,004.

5 0

3 years ago

Rex became a partner with a 30% interest in the partnership profits when he invested $200,000. In 2019, the partnership generate

avanturin [10]

Answer:

The Rex’s gross income from the partnership in 2019 and 2020 is $1,20,000 and $1,80,000 respectively

Explanation:

The computation of the gross income for each year is shown below:

In 2019:

Gross income = Taxable income × percentage of interest in profits

= $400,000 × 30%

= $1,20,000

In 2020:

Gross income = Taxable income × percentage of interest in profits

= $600,000 × 30%

= $1,80,000

The withdrawn amount is not consider for computing the gross income. So, we ignored it

8 0

3 years ago

Jake just got a big promotion at work and wants to buy a new jaguar. however, he lives in northeast indiana, and the nearest j

yulyashka [42]

The answer is exclusive distribution. This is exclusive when just certain retailers are given the alternative of conveying an item in its store. In this way, it is an understanding between a provider and a retailer giving the retailer elite rights inside a particular land region to convey the provider's item.

8 0

3 years ago

According to the Mundell–Fleming model, in an economy with flexible exchange rates, expansionary fiscal policy causes net export

maxonik [38]

Answer: Decrease and Increase

Explanation:

According to the Mundell–Fleming model, in an economy with flexible exchange rates, expansionary fiscal policy will cause the net exports to decrease. Expansionary fiscal policy shifts the IS curve rightwards, as a result BOP surplus created in the economy. So, exchange rate decreases to shift the BOP back to its initial position. As a result of lower exchange rate, exports falls. Hence, net exports decreases.

Expansionary Monetary policy will cause the net exports to increases. Expansionary Monetary policy shifts the LM curve rightwards, as a result BOP deficit created in the economy. So, exchange rate increases to shift the BOP back to its initial position. As a result of higher exchange rate, exports increases. Hence, net exports increases.

5 0

3 years ago