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Nuetrik [128]
3 years ago
8

Cyclical unemployment arises when:______.

Business
1 answer:
mestny [16]3 years ago
8 0

Answer:

D

Explanation:

types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

The geologist lost his hob permanently due to increase in wages (polices)

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

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Long Text (essay)
skad [1K]

Answer:

Flooding and wet weather are so costly to agricultural land because they cause delays in and reduction of crop harvest.

Explanation:

5 0
3 years ago
At your job you make $10.75 an hour, you worked for 78 hours the last biweekly pay period. You pay 13% in Federal Income taxes a
yKpoI14uk [10]

Answer:

a- $ 838.50

b-$134.16

c- $618.59

d- see below

Explanation:

a- $10.75 X 78 hours = $v838.5

b- $ 838.5 X 16% = $ 134.16

c - $ 838.5 - federal and state income tax $ 134.16 - other ded $ 85.75 = 618.59

6 0
3 years ago
Read 2 more answers
Nataraj​ (2007) finds that a 100100​% increase in the price of water for heavy users in Santa Cruz caused the quantity of water
kakasveta [241]

Answer:

In percentage terms It wil lbe an increase of 60%

Explanation:

We will calculate as follow:

currently the revenue is 1.55

if the price goes up to 3.10 the demand falls by 20%

so we are reducing sales revenue by 20%

3.10 x ( 1 - 20%) = 3.10 x 0.8 = 2.48

Now we can calculate the percent of change in the water expenditure:

2.48/1.55 - 1 = 0.60

In percentage terms It wil lbe an increase of 60%

4 0
3 years ago
During the year ended December 31, 2018, Kelly’s Camera Shop had sales revenue of $210,000, of which $105,000 was on credit. At
aliya0001 [1]

Answer:

Kelly's Camera Shop

1. Journal Entries

Debit Accounts Receivable $105,000

Credit Sales Revenue $105,000

To record the sales on credit for the year.

Debit Cash $76,000

Credit Accounts Receivable $76,000

To record the cash collections on account.

Debit Allowance for doubtful accounts $1,900

Credit Accounts Receivable $1,900

To write off a bad debt.

Debit Bad Debt Expense $3,320

Credit Allowance for doubtful accounts $3,320

To record the bad debt expense for the year.

2. Balance Sheet (partial) as of December 31, 2018:

Accounts Receivable $39,100

Less Allowance for

 doubtful accounts        2,100

Net Accounts Receivable        $37,000

Explanation:

a) Data and Analysis:

T-accounts:

Accounts Receivable

Account Title             Debit      Credit

Beginning balance   $12,000

Sales revenue          105,000

Cash                                         $76,000

Bad Debts written off                   1,900

Ending balance                          39,100

Totals                     $117,000  $117,000

Allowance for Doubtful Accounts

Account Title             Debit      Credit

Beginning balance                      $680

Bad debts written off $1,900

Bad Debt Expense                     3,320

Ending balance            2,100

Total                          $4,000   $4,000

Analysis of transactions:

Accounts Receivable $105,000 Sales Revenue $105,000

Cash $76,000 Accounts Receivable $76,000

Allowance for doubtful accounts $1,900 Accounts Receivable $1,900

Bad Debt Expense $3,320 Allowance for doubtful accounts $3,320

6 0
3 years ago
Sunland, Inc., has issued a three-year bond that pays a coupon rate of 7.5 percent. Coupon payments are made semiannually. Given
diamong [38]

Answer:

$1086 approx.

Explanation:

<u>Given</u>: Coupon rate 7.5 % per annum i.e 3.75% semi annually

           YTM = 4.4% per annum i.e 2.2% semi annually

           Face value: $1000 (assumed)

           No of periods to maturity =  3 years × 2 half years = 6 periods

Value of a bond is given by the following equation

B_{0} = \frac{C}{(1\ +\ YTM)^{1} } \ +\ \frac{C}{(1\ +\ YTM)^{2} } \ +.....+ \frac{C}{(1\ +\ YTM)^{n} } \ +\ \frac{RV}{(1\ +\ YTM)^{n} }

where B_{0} = Market value of bond

          C= Coupon payment each period

          YTM = Yield to maturity rate

          n= no of periods

Hence,  B_{0} = \frac{37.5}{(1\ +\ .022)^{1} } \ +\ \frac{37.5}{(1\ +\ .022)^{2} } \ +.....+ \frac{37.5}{(1\ +\ .022)^{6} } \ +\ \frac{1000}{(1\ +\ .022)^{6} }

= 5.5638 × 37.5 + 1000 × .8776

= 208.64 + 877.60

= 1086.24

Market value of the bond is $1086 approx

This means, the bond is valued above par or priced at a premium. The reason being, it's rate of coupon payments being higher than it's yield to maturity rate.

8 0
3 years ago
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