All categories

2 years ago

What happens in the labor market when the following event occurs?

1 answer:

4 0

I would say that the unemployment rate does not change. This is because people from the fishing industry might have shifted to the travel industry hence fishing deceasing and travel increasing, then the rate is still the same.

Option D

You might be interested in

Ann Hopkins borrowed $60,000 for her child’s education. She must repay the loan at the end of 8 years in one payment with 512% i

mart [117]

The Maturity Value that Ann must pay is $89,461.

Assuming the rate of interest is compounded annually.

Given,

Principal value = $60,000 = P

Rate of interest = 5.12% = i

Number of years = 8 = T

Since maturity value = Amount

Now, using the formula for calculating the amount,

Amount = P × {(1+i)^T}

Now, substituting the given values in the above formula for amount we get,

Amount = $60,000 × {(1+0.0512)^8}

= $60,000 × {(1.0512)^8}

= $60,000 × 1.49101776418

= $89,461.0658

= $89,461 (Approximately)

Hence, The Maturity Value that Ann must pay is $89,461.

Learn more about maturity value:

brainly.com/question/9099365

#SPJ1

7 0

2 years ago

A business' last line of defense against risks that cannot be controlled or avoided by other risk management practices is this t

natima [27]

Answer: A business continuity plan

Explanation: Business continuity planning refers to the procedure involved in creating a risk reduction and recovery scheme for a corporation from possible hazards.

The strategy helps to ensure the protection of management and resources and the ability to operate rapidly in the event of an emergency. The BCP is usually designed in ahead of time and includes insight from relevant parties and staff.

BCPs are an essential part of any undertaking. Threats and disturbances result in revenue shortfall and increased costs, resulting in a decline in productivity. And companies can not rely solely on insurance since it does not cover all the costs and the clients that move to the contest.

5 0

3 years ago

Labor Recruiters, Inc., has been ordered to appear at a hearing before an administrative law judge of the National Labor Relatio

Vinil7 [7]

Answer:

A significant difference between a trial and an administrative hearing is thtat a hearsay con be introduced as evidence, in an administrative hearing.

8 0

3 years ago

The Harleysville Manufacturing Shop produces motorcycle parts. Typically, 10 pieces out of a job lot of 1,000 parts are spoiled.

Murrr4er [49]

Answer:

Materials Control $ 250

Manufacturing Overhead Control $1,000

Work-in-Process Control $1,250

Explanation:

spoilage rate: 10/1000 = 0.01=1%

the job requires 2,500 goods parts

total part required (considering spoilage)

$\frac{requirement}{1-spolage} =$total needs$

2,500 /(1-0.01) = 2500/ 0.99 = 2525.2525 = 2525

2525-2500 = 25 spoilage part

in this case you may think you can simple do 2,500 x 0.01

But if the spoilage rate is high or the amount of high is, then you will have an answer different than the correct method. Stick to the formula given.

25 part x 50 = 1,250

From the work in process, we will subtract this value, we will increase the spoilage materials inventory and charge the diference as actual overhead.

Materials Control $ 250

Manufacturing Overhead Control $1,000

Work-in-Process Control $1,250

4 0

3 years ago

A food worker needs to cool a large pot of soup How should the food worker cool the soup?

Lilit [14]

Answer:

a)use an ice paddle. it is the most suitable way

3 0

3 years ago