Answer:
<em>Zero</em>
Explanation:
There are three(3) types of unemployment recognized by economists;
<em>Structural unemployment:</em> This occurs where innovation and technological improvement render workers unemployable because their is a mismatch between the available jobs and the skills possessed by willing workers. For example, the introduction of online classes might reduce the number of teachers needed by a school.
<em>Frictional unemployment:</em> This is used to describe the number of people looking for jobs because they are transiting from one job to another.The addition of the structural and frictional is know as the <em>natural rate of of unemployment.</em>
<em>Cyclical unemployment</em><em>:</em><em> </em>this is caused by fluctuation in real GDP around the potentila GDP. For example, when the real GDP falls significantly for a sustained period of six month. At a time like this, the economy is contracting and it is evident by a negative growth rate in real output, firms do lay off workers because the business climate is not favorable.This is called <em>recession</em>. The cyclical unemployment is the difference between the actual rate of unemployment and natural rate. During recession, the actual is always greater thant the natural; and the balance is cyclical unemployement
<em>Full employment output and cyclical unemployment</em>
The potential GDP is the level of real GDP achieved where an economy has fully employed all of its resources ( land, labour, capital and entrepreneur). It is also called <em>full employment GDP</em>. An economy operating at its potential GDP level will still record some level of unemployment which is known as natural unemployment. And its actual rate of unemployment will be equal to the natural rate.
<em>In other words, at the full employment output level, the actual rate of unemployment is the same the natural rate of unemployement. So there is zero cyclical unemployment rate</em>
short run; the quantity of output where profits are highest
<h3>What is a firm?</h3>
A firm is a for-profit enterprise that typically takes the form of a partnership and offers professional services like accounting or legal counsel. According to the philosophy of the firm, businesses exist to maximise profits.
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Answer:
Target Cost $12
Explanation:
<em />
<em>Target Sales Price 20
</em>
<em>Gross Mark up 20 * 40% (-8)
</em>
Target Cost $12
To calculate the target cost is necessary to rest the gross mark up to the target sales price.
Answer:
I should be LEAST concerned about the tracking record of the general partner
Explanation:
Based on the information given what i should be LEAST concerned about should be the tracking record of the general partner reason been that the agent has been assigned to bring in customers to the general partner in which the agent will pay a 10 percent fee of the amount that was invested and secondly the agent been given brochure in which he has been assigned to distribute to the customers by the general partner, Hence this means that I should be basically concern about the violation of Regulation D, the security of the investment and the information that was been disclose in the brochure that was given to the agent to give to the customers.
You should be goal oriented and develop a positive outlook on your own worth/capability.
Being goal oriented would ensure that the end goal of your motivation is something that can be rationally attained. Developing positive outlook would keep you level headed in the midst of pressure and prevent you from giving up in pursuing your goal.