Answer: The correct answer is "c. will not be good for the economy since the presence of frictional unemployment increases economic efficiency.".
Explanation: Eliminating all frictional unemployment <u>will not be good for the economy since the presence of frictional unemployment increases economic efficiency.</u>
Frictional unemployment is voluntary unemployment that lasts the time between one worker leaving one job and finding another. That is, the unemployed person decided to leave his job voluntarily, either to rest, study or to find another job. It is beneficial for the economy, since it results in a better allocation of resources. However, if the search takes too long and the mismatches are too frequent, the economy suffers, since some work is not carried out.
Answer:
B) Promptly advise Ms. Smith that she did not comply with the Internal Revenue laws by failing to file federal income tax returns for the Year 1 and Year 2 tax years and of the consequences she may face under the Code and regulations.
Explanation:
Tom is required to tell Ms. Smith that she didn't file her taxes during the two previous years, maybe she isn't aware of it. He is also required to tell her about the serious consequences of not filing taxes. The IRS will fine Ms. Smith, but if she continues to not file her taxes then she might be sentenced to one year in jail. Probably Tom will end up filing Ms. Smith's taxes for years 1, 2 and 3.
Answer:
The answer is: D) A 401(k) is controlled and monitored by an employer, and an IRA is controlled by the investing individual.
Explanation:
A 401(k) is sponsored and controlled by an employer. The employer decides where the money is going to be invested. Sometimes the employer may match some of the employees' contributions. The employer can also take loans or hardship withdrawals from the 401(k) funds.
While IRA accounts are held by custodians which are banks or brokerage firms.
Answer:
The correct answer to the following question is - fill in the blank 1) State and the fill in the blank 2) International system.
Explanation:
Realism is an approach where the study and practice of international politics is given more preference and more emphasis has been given on role of nation states , as they are motivated by national interest.
Neo realists or neo realism can be defined as a theory of international relations , according to which power is the most important aspect in international relation.
