Answer:
a. Structurally unemployed.
b. Cyclically unemployed.
c. Frictionally unemployed.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
a. Structurally unemployed: Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.
b. Cyclically unemployed: Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job. A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
c. Frictionally unemployed: Neha just graduated from college and is looking for a full- time position with an investment banking firm.
Answer:
The $64.20 is the unit product cost.
Explanation:
For computing the units produced for 1000 units, first we have to compute the total cost which is equals to
= Direct labor cost + direct material cost + manufacturing overhead
where,
Direct labor cost = labor hours × rate per hour
= 800 × $14
= $11,200
And. the manufacturing overhead = $8,000
Direct material = $45,000
Now put these values on the above equation
So,
Total units = $11,200 + $8,000 + $45,000
= $64,200
So the unit product cost is equals to
= Total cost ÷ number of units produced
= $64,200 ÷ 1,000
= $64.20
Hence, $64.20 is the unit product cost.
Answer:
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
Being the cost of construction of plant building
Explanation:
<em>According to International Accounting Standards (IAS) 16, property plants and equipment, the cost of land includes all of the cost necessary to bring and make it ready for the intended use. </em>
The total cost of the plant = 451,000 + 31,900 + 47,156 + 1,349,900 + 85210
= $1,965,166
The journal entry
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
<em>Being the cost of construction of plant building</em>
Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convinces the engine parts company, a competitor, to do the same. this is a group boycott.
Under competition law, a group boycott is a type of secondary boycott, unless two or more competitors in the relevant market agree to deal with an actual or potential competitor of the boycotting firm. Refuse to do business with the company.
Example: The FTC challenged the actions of several groups of competing health care providers, such as physicians, and refused to do business with insurance companies or other purchasers on terms other than those mutually agreed upon. That amounted to a group boycott of the illegal group.
Learn more about group boycott here: brainly.com/question/13894564
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Answer:
reenter the banking system
rise
Explanation:
Coinstar is a kind of business where you earn in the form of coins and that the coins are convertible into money, now that it creates extra actual money there will be an addition in the form of money, and that the money withdrawn from bank shall reenter the banks again.
Also this entire thing will increase the money multiplier.
As because the money transactions will increase, there will be an increase in the multiplier of money.
