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Match the definition with the correct type of unemployment. Not all of the terms will be used. 1.Unemployment caused by recessio

ivann1987 [24]

Answer:

The answer is:

1. Cyclical Unemployment

2. Frictional Unemployment

3. Natural Unemployment

Explanation:

1. Unemployment caused by recessions - cyclical unemployment. It is caused by reduction in total spending, low activities in the economy. Coronavirus pandemic is already causing cyclical unemployment.

2. Unemployment that normally occurs due to turnover as workers switch jobs - frictional unemployment.

This happens when a worker leaves a job to search for another. The unemployment between the time gap is frictional unemployment.

3. The unemployment rate that exists when the economy is operating at potential - Natural Unemployment.

Unemployment caused by replacement of obsolete technology or lack of required skills are called natural employment.

6 0

4 years ago

Juan buys gas at the gas station. The gas station submits funds for road maintenance. What type of tax is this? (5 points)

prisoha [69]

Answer:

Indirect taxes

Explanation:

Indirect taxes are the taxes levied on transactions as opposed to direct taxes that are imposed on incomes. An indirect tax is added to the prices of goods and services and collected by the seller or retailer. The retailer acts as the tax intermediary and submits the taxes collected to the government.

Examples of Indirect taxes include excise duty tax, value-added tax, and sales tax. Gas attracts sales tax and road maintenance tax. These taxes increase the price of gas, making them indirect taxes.

6 0

3 years ago

Which one of the following are tools that company managers can use to promote operating excellence in performing value chain act

jeka57 [31]

Answer:

e. adoption of best practices, TQM, and business process reengineering

Explanation:

To promote operational excellence in the execution of value chain activities, the most appropriate tools to be implemented in an organization are the adoption of best practices, TQM and business process reengineering.

Total quality management refers to the continuous improvement of all operational processes, in order to reduce costs, failures, and waste, leading to the implementation, control and review of all organizational processes, including the adoption of advanced technology, adequate training for employees, etc.

Business process reengineering would also help the organization reevaluate its value chain and implement improvements that would increase the performance and functionality of each essential step in the value chain.

Therefore, these integrated tools would ensure continuous optimization at all stages of the value chain, which would mean for the company the effectiveness of the channels and activities for the company to produce the right product, in the right quantity, in the right place and at the right time.

3 0

3 years ago

A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for moldi

atroni [7]

Answer:

Check the explanation

Explanation:

Going by the question above we will have to first work on the

Formulation of LP:

Maximize profit

Z = 1.5A+1.5B where A - number of units of product A and B - number of units of product B

subject to constraints -

600 minutes available for molding

3A+2B <=600 ---> Molding constraint---> 1

600 minutes available for painting

2A+4B<=600 ---> Painting constraint---> 2

420 minutes available for packing

A+3B<=420 ---> Packing constraint---> 3

A, B, C >=0 ---> Non-negative constraint ---> 4

b) Solution with the help of Excel solver:

Target cell will be the RHS or profit value of the objective function as we are maximizing the profit.

Changing cells will be A and B ---> number of units of products

Constraints will be entered as below. The same are also listed in part A (1,2,3,4).

The attached images below are the formulation.

6 0

3 years ago

Don Krump wants to triple his investment in 6 years. An investment firm offers him an attractive interest rate.

kap26 [50]

Answer:

c) 18.45%

Explanation:

The RATE formula is applied which is shown in the attachment.

The NPER reflects the time period.

Mentioned that,

Present value = $1

Future value or Face value = $3

PMT = $0

NPER = 6 years × 12 months = 72 months

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, the nominal interest rate is

= 1.54% × 12 months

= 18.48% approx

8 0

3 years ago