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irga5000 [103]
2 years ago
12

Unemployment is often called a lagging or trailing indicator because unemployment tends to rise some time after the economy begi

ns to slow down, and unemployment begins to fall again after the economy begins to rebound. Unemployment trails GDP because:
A) laws prevent firms from reducing employment during recessions and during expansions people are still collecting unemployment insurance.
B) firms reduce hours before laying off when the economy is in recession, and increase hours before hiring when the economy expands.
C) when the economy is in a recession, firms do not want to pay unemployment insurance, and during expansions they do not want the added cost of new employees.
D) the labor force increases during recessions and shrinks during expansions.
Business
1 answer:
andrezito [222]2 years ago
7 0

Answer:

B) firms reduce hours before laying off when the economy is in recession, and increase hours before hiring when the economy expands.

Explanation:

In the case when the output falls so the workers would not be laid off in a direct manner. In the first time the labor would be decreased so that the demand could be analyzed. The same would be happen in that case also where the growth picked up

Therefore in the given case, the option B is correct

And the other options are wrong

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Which of the following is a criterion that must be met in order for an item to be recognized as an intangible asset?
Amiraneli [1.4K]

Answer:

The item is identifiable and lacks physical substance.

Explanation:

Intangible asset: Intangible asset is that asset which cannot be seen or even touched. It has no physical existence.

Example: Goodwill, patents, trademarks, copyrights and other intellectual properties

In these types of assets, amortization is charged instead of depreciation.  

It neither used for production, nor its gains any scientific or technical knowledge, and its value neither measure reliability

Hence, option a is correct  

3 0
3 years ago
What can you expect when you ask clients for testimonials?
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Most clients rather than write out a testimonial are more willing to approve a testimonial that you've written as it saves time for them and improves their relationship with you.
5 0
3 years ago
During March, the company worked 16,000 machine-hours and produced 10,000 units. The company had originally planned to work 18,0
OLEGan [10]

Complete question:

You have just been hired by SecuriDoor Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company’s costing system and “do what you can to help us get better control of our manufacturing overhead costs.” You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control.

      After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for April:

                                          Actual Cost in April

 Utilities    $16,700 plus $.14 per machine-hour      $ 21,020    

 Maintenance   $38,300 plus $1.50 per machine-hour   $ 59,100    

 Supplies      $.40 per machine-hour          $ 7,000    

 Indirect labor  $94,700 plus $1.80 per machine-hour   $ 128,000    

 Depreciation   $68,400    $ 70,100  

During March, the company worked 16,000 machine-hours and produced 10,000 units. The company had originally planned to work 18,000 machine-hours during March.

Solution:

1. The activity variances are shown below:

                              SecuriDoor Corporation

                                   Activity Variances

                         For the Month Ended March 30

                                Planning Budget    Flexible Budget    Activity  Variances

Machine-hours (q)          18,000                16,000  

Utilities ($16,700 + $.14q)   $ 19,220         $ 18,940               $ 280   F

Maintenance ($38,300 + $1.50q)  65,300     62,300           3,000   F

Supplies ($.40q)               7,200                6,400                 800   F

Indirect labor ($94,700 + $1.80q)  127,100     123,500       3,600   F

Depreciation ($68,400)    68,400           68,400           0     None

Total                                $ 287,220       $ 279,540              $ 7,680   F

2. The spending variances are computed below:

                               SecuriDoor Corporation

                              Spending Variances

                          For the Month Ended March 30

                                    Flexible Budget    Actual Results  Spending Variances

 Machine-hours (q)         16,000                16,000  

Utilities ($16,700 + $.14q)   $ 18,940         $ 21,020           $ 2,080   U

Maintenance ($38,300 + $1.50q)  62,300     59,100        3,200   F

Supplies ($.40q)               6,400                7,000                600   U

Indirect labor ($94,700 + $1.80q)   123,500     128,000     4,500   U

Depreciation ($68,400)     68,400           70,100                1,700   U

Total                               $ 279,540            $ 285,220  

8 0
3 years ago
Why has America been referred to as " the land of opportunity"?
kozerog [31]

Same as with Canada which is where both my grandfathers came from. Let's see how many reasons I can come up with just off the top of my head and just for those two.

  1. They enjoyed the freedom of the First Amendment (speech, press, religion, assembly -- Canada has the same provision) that was not granted in the country they left. They never exercised those rights, I don't think, but their children and grandchildren did.
  2. They were free to raise their children so that they had the chance of being productive. My father was an MD, but he owed that piece of good fortune to his father. The country from which they came would never have allowed him to get all that education.
  3. They were able to eventually bring their wives and children with them. There was enough money to be made, even at jobs that didn't pay much, to bring them across the Atlantic.
  4. They were able, once the families were here, to turn their attention to bettering their conditions. They never became rich, but no one starved either. That's more than could be said about those relatives who didn't do as they did.
  5. They were free to travel. They didn't do that, but their children and especially their grandchildren did. That too was very limited where they came from.
  6. They had medical care and good medical care which was not given to just anyone where they came from.

3 0
3 years ago
Read 2 more answers
A corporation's legal capital:
Fantom [35]

Answer: d. Is established to protect the corporation's creditors.

Explanation:

A corporation's legal capital is the part of a company's equity that absolutely cannot be allowed to leave the company. It is illegal to distribute them as dividends or any other means.

The purpose of this is to ensure that the creditor's rights to assets in the company are protected in the event that some mishap should befall the company.

3 0
3 years ago
Read 2 more answers
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