define the term structural unemployment and distinguish it from frictional and demand-deficient unemployment. why might structural unemployment fall w
Answers
The business cycle is not only factor contributing to structural unemployment. Over past thirty years, United States has lost hundreds of thousands of well-paying manufacturing jobs as result of production shifting to countries like China with lower cost of living.
What is structural unemployment?Structural unemployment, a form of involuntary unemployment, results from a mismatch between the capabilities that employees in the economy can provide and those that employers seek in employees. Cyclical unemployment and frictional unemployment are the other two types of unemployment that economists have identified. One of these categories is structural unemployment. Because it necessitates either migration or retraining, structural unemployment can be challenging to overcome. Contrary to structural unemployment, which can be caused by short-term changes in demand from different industries, cyclical unemployment is caused by short-term variations in the overall labor market. Structural unemployment is frequently caused by people's inability to change industries, but it can also happen within sectors as technology changes the nature of work in a given field.
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Related Questions
Ralston Dairy gathered this data about the two products that it produces:
Product Current Sales Value Estimated Added Processing Costs Sales Value if Processed Further
Frozen yogurt $8,000 $2,000 $11,000
Ice Cream 12,000 7,000 18,000
Which of the products should be processed further?
Please answer all parts of the question. thank you. Do not leave anything blank.
Answers
Based on the above analysis, the Ice Cream should be processed further since it has a higher estimated sales value and lower estimated added processing cost compared to the Frozen Yogurt.
Ralston Dairy has the following data on two of its products: Product Current Sales Value Estimated Added Processing Costs Sales Value if Processed Further Frozen Yogurt $8,000 $2,000 $11,000 Ice Cream $12,000 $7,000 $18,000
Which product should be processed further? Processing an item further requires examining its potential sales value and estimating the added costs of processing it.
The estimated sales value if processed further must exceed the total processing cost to make it worthwhile to process further. It is prudent to process the product with the highest estimated sales value if the processing costs are the same and to process the product with the highest estimated added processing costs if the estimated sales values are the same.
The Frozen Yogurt has a current sales value of $8,000 and an estimated added processing cost of $2,000, making the sales value if processed further $11,000. However, the total processing cost of $2,000 exceeds the sales value of $3,000 if it is processed further, making it less feasible to process further.
The Ice Cream, on the other hand, has a current sales value of $12,000 and an estimated added processing cost of $7,000, making the sales value if processed further $18,000.
The processing cost of $7,000 is less than the sales value of $6,000 if processed further, making it feasible to process further.
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why do business need funding
Answers
Mainstreet collection is a producer and whoolesaler of gift items and soft goods, located in washington, north carolina, it sells its goods to more than 100 retailers in the united tstates.production is outsourced to manufacturing facilities in china, which keeps the price of the goods low. what approach to international business is mainstreet collection using to source its goods?
a. Franchising
b. Exporting
c. Importing
d. licensing
Answers
The sale of items and services in foreign nations that are sourced or manufactured in the home country is known as exporting. Importing is the process of purchasing products and services from outside sources and bringing them back into one's own country.
Exports and imports are essential because they contribute to a country's trade balance, which can have an influence on the general health of the economy. Imports and exports both develop steadily in a healthy economy.
This typically denotes a stable and healthy economy. A factory, for example, may import components from its own overseas facilities as well as supplies and parts from third-party vendors. Exports are commodities and services produced in one country and acquired in another. Rice, for example, is being brought from China for sale.
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The right way of asking the question is:
Mainstreet collection is a producer and wholesaler of gift items and soft goods, located in Washington, North Carolina, it sells its goods to more than 100 retailers in the united states. production is outsourced to manufacturing facilities in China, which keeps the price of the goods low. what approach to international business is Main Street collection using to source its goods?
a. Franchising
b. Exporting
c. Importing
d. licensing
What are the positive impact why we invest cosmetics in South
Korea?
Answers
Investing in South Korean cosmetics brings positive impacts through advanced R&D, global popularity, diverse products, technological advancements, well-established distribution, government support, and cultural alignment.
Investing in the cosmetics industry in South Korea can have several positive impacts. Here are some reasons why investing in cosmetics in South Korea can be beneficial:
Advanced Research and Development (R&D):South Korea is known for its cutting-edge research and development in the cosmetics industry. The country invests heavily in innovative technologies and formulations, resulting in high-quality products.
By investing in South Korean cosmetics, you can gain access to this advanced R&D, which can give you a competitive edge in the market.
Global Influence and Popularity:South Korean cosmetics, often referred to as K-beauty, have gained significant popularity worldwide.
Korean skincare and makeup products are known for their unique formulations, emphasis on natural ingredients, and focus on achieving healthy and radiant skin.
By investing in South Korean cosmetics, you can tap into the global demand for K-beauty products and benefit from their strong brand recognition.
Diverse Product Range:The South Korean cosmetics industry offers a wide range of products, catering to various needs and preferences. From skincare to makeup, haircare, and personal care, there is a diverse array of options available.
This variety allows investors to target specific consumer segments and niches, expanding their market potential.
Technological Advancements:South Korea is known for its technological advancements, and this extends to the cosmetics industry as well. The country utilizes innovative manufacturing techniques and equipment to produce high-quality cosmetics efficiently.
By investing in South Korean cosmetics, you can leverage these technological advancements and benefit from streamlined production processes.
Well-Established Distribution Channels:South Korea has a well-developed distribution network for cosmetics, both domestically and internationally.
The country has a robust infrastructure in place for exporting cosmetics, allowing investors to reach global markets effectively.
Additionally, South Korea has a vibrant domestic market with numerous retail channels, including department stores, specialty stores, online platforms, and duty-free shops.
Government Support:The South Korean government actively supports the cosmetics industry through various initiatives and policies.
They provide incentives and subsidies for research and development, export promotion, and market expansion. This support creates a favorable environment for investors and encourages the growth of the industry.
Cultural and Beauty Trends:South Korea's pop culture, including K-pop and K-dramas, has a significant influence on global trends, including beauty and fashion.
South Korean cosmetics often align with these trends, making them appealing to a wide range of consumers.
By investing in South Korean cosmetics, you can stay connected to evolving beauty trends and capitalize on their popularity.
It's important to note that investing in any industry carries risks, and it's advisable to conduct thorough market research and due diligence before making any investment decisions.
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
John has an auto which is covered for collision losses subject to a $250 deductible. Kate's auto also has collision coverage but her deductible is $500. Which of the following statements describes how a $2,000 collision loss will be paid if it occurs when John borrows Kate's car because his car is in the shop for repairs?
A) John's policy will pay $1,500, and Kate's policy will pay nothing.
B) John's policy will pay $1,750, and Kate's policy will pay nothing.
C) Kate's policy will pay $1,750, and John's policy will pay nothing.
D) Kate's policy will pay $1,500, and John's policy will pay $250.
Answers
Answer: D. Kate's policy will pay $1,500, and John's policy will pay $250.
Explanation:
The deductible is the amount that a policy holder has to pay before the insurance company pays the remaining amount.
From the question, we are informed that John has an auto which is covered for collision losses subject to a $250 deductible while Kate's auto also has collision coverage but her deductible is $500.
If a $2,000 collision loss occurs when John borrows Kate's car because his car is in the shop for repairs, since John has a deductible of $500, Kates policy will pay ($2000 - $500) = $1500 and John's policy will pay $250.
if the cost performance index (cpi) is less than 100 percent, the project is under budget. true false
Answers
False. If the cost performance index (CPI) is less than 100 percent, the project is over budget.
False Explanation: The cost performance index (CPI) is a measure that is used to assess the performance of a project in relation to its budget. It is computed by dividing the earned value (EV) by the actual cost (AC) of the project. A CPI of less than 1.0 indicates that the project is over budget, whereas a CPI of more than 1.0 indicates that the project is under budget. Therefore, the statement "if the cost performance index (CPI) is less than 100 percent, the project is under budget" is false. A CPI of less than 1.0 means that the project is over budget, not under budget.
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bob and larry have been working at their organization for the same amount of time, and they seem to work equally hard at their work and contribute about the same amount to their organization. bob has received multiple pay raises and now makes 50% more than larry. plus, bob recently was given a great parking space right in front the building. according to equity theory, what will bob most likely feel in this situation?
Answers
According to the equity theory, the feeling that Bob would be most likely to have of the situation that we have here would be that of underpayment. Option A
What is meant by the equity theory?According to the theory of motivation known as equity, employees' feeling of fairness plays a significant role in what motivates them to do their best at work. Employees keep track of the inputs and outputs of their work in a mental ledger, which they use to assess how their inputs and outputs compare to those of others.
Equity is the product of a person's outputs and their inputs. Employees that notice unfairness will alter their inputs to make things right. Employees don't just understand equality in isolation, according to Adam's Equity Theory of Motivation; instead, they look around and evaluate themselves in relation to others.
Bob would have to begin to believe that Larry is receiving the proper amount of remuneration while he is not.
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Bob and Larry have been working at their organization for the same amount of time, and they seem to work equally hard at their work and contribute about the same amount to their organization. Bob has received multiple pay raises and now makes 50% more than Larry. Plus, Bob recently was given a great parking space right in front the building. According to equity theory, what will Bob most likely feel in this situation?
Group of answer choices
Underpayment
Overpayment
Evaluation anxiety
Equity
The Fairmont Hotels chain of hotels and resorts has a practice of inputting information about a guest's preferences into a database, which is referred to by the employees the next time the guest returns to the hotel. Philip, who is a regular customer of Fairmont Banff Spring. He On arrival, he gets out of the cab, enters the hotel, goes to the guest desk, and talks to the guest executive about his room. These customer interactions are referred to as _____.
Answers
Answer:
Touch points
Explanation:
Touch points of a business are the points at which there are contact with the customer in the course of a business providing service to the customer.
For example a customer may encounter a business brand on its website, through add, or calls to its customer service.
In the given scenario Fairmont Hotels inputs information about a guest's preferences into a database, which is referred to by the employees the next time the guest returns to the hotel.
This is a record of touch points with customer to guage how to give him better service in the future
1. The formula for continuously compounded interest is A = Pe^rt, where A is the amount of money in the account, P is the initial investment, r is the interest rate, and t is the time in years. Using the formula, determine, to the nearest dollar, the amount in the account after 8 years if $750 is invested at an annual rate of 3%
Answers
Answer:
the amount in the account after 8 years is $954
Explanation:
The computation of the amount in the account after 8 years is shown below"
Given that
The formula for continuously compound interest is
Amount = Principal e^(rate) (time period)
= $750 × e^(0.03)(8)
= $954
Hence, the amount in the account after 8 years is $954
The same is to be considered by applying the above formula
In a perfectly competitive market, all producers sell ___ goods or services. Additionally, there are ___ buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price ____.
Answers
Answer:
✓Identical
✓many
✓takers
Explanation:
perfectly competitive market can regarded as market that is been characterized as one having many buyers as well as sellers, they re also chracterized as one with undifferentiated products as well as no transaction costs with no barriers of entry and exit, there is also a perfect information about the price of a good.
It should be noted that In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers.
Which type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost?.
Answers
The type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost is: Private Fee-for-Service (PFFS).
What is medicare advantage plan?Medicare advantage plan is a health insurance coverage that help to cover the medical expenses of those under the plan.
The type of medicare advantage plan that cover some benefit out of network are:
Private Fee-for-Service (PFFS)Medicare Supplement Insurance PlanPreferred Provider Organization (PPO)Point-of-Service (POS) Plan(right)Learn more about medicare advantage plan here:https://brainly.com/question/1909464
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How does this business attract customers and keep them happy? Customer service Creativity and innovation
Answers
Answer:
Explanation:
This business attracts customers by offering excellent customer service and maintaining a high level of creativity and innovation in their products. They keep customers happy by constantly improving their products and services and always keeping them up to date with the latest innovations.Other ways this business might attract customers include offering competitive pricing, providing a high level of quality, and always being available to answer any questions or concerns they may have.
Suppose you are a manager at an advertising agency who is eager to utilize Covey's advice about delegation. Today, you need to work on a
presentation for a potential new client. This requires delegating a routine status report about an ongoing advertising campaign to Joanne. By
delegating the status report to Joanne, she has
for its completion.
Answers
Available Option Are:
Juanita must have authority over the resources and personnel needed to complete the status report You should help Juanita with the status report, to the extent you have timeJuanita will have full responsibility for the assignment Juanita will be held accountable for the results of the assignment.Answer:
Correct Options are 1, 3 and 4.
Explanation:
She also has authority to access the legitimate resources to complete the status report in due time. Hence Option 1 is correct.
However, after delegating the assignment to Joanne. I am not responsible to help her complete the task. I may have responsibility of reviewing the status report but I am not responsible for helping her to complete the status report whenever I am free. Hence Option 2 is incorrect.
The reason is that after delegating the task to Juanita with authority and responsibility to complete the assigned task, she is now responsible to complete the status report as the task is assigned to her. Hence option 3 is correct
If Juanita's status report was not difference making or in simple words the purpose of the status report was not fulfilled then she will accountable for the outcome. Hence Option 4 is correct.
Do you think every place of our country is accessible to all kind of information obtaining sources why give reasons
Answers
Freedom of information is freedom of a person or people to publish and consume information.
What is meant by Freedom of Information ?
The right of a citizen to access information that the government holds is referred to as information freedom. This freedom is recognized as a constitutional right in several nations.
The Freedom of Material Act in the United States permits the revelation of official records and previously undisclosed information that is under the authority of the American government. The Electronic Freedom of Information Act, which mandates that certain types of government records be made electronically accessible to the public, was added to this law in 1996 as an amendment. This is intended to increase access to public information.
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A firm is operating in the United States with only two other competitors in the industry. It is likely this industry would be characterized as:
a. monopolistically competitive.
b. pure monopoly.
c. perfectly competitive.
d. oligopoly.
Answers
Option (d), There are only two companies working in the same industry as one in the United States. This sector of the economy is probably an oligopoly.
What does it mean when a market is oligopolistic?A small number of companies compete in an oligopoly market and are aware of how their pricing and production strategies are interdependent. Because there are only a few number of businesses, each one has a respectable level of market power.
Oligopoly occurs when a small number of large enterprises account for all or almost all of an industry's sales. The auto industry, cable television, and commercial aviation are just a few examples of the several industries that display oligopoly.
How can you spot an oligopoly?Oligopolies can be identified using concentration ratios, which determine the proportion of the market that one firm controls. When an industry has a high concentration ratio, economists usually define it as an oligopoly.
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C. ANALOGY BETWEEN CHICKEN EGG AND A CELL
Write the best word that matches the example provided.
1. EGG SHELL : ___________
2.________ : NUCLEUS
3. EGG WHITE : __________
Answers
Answer:
1. Cell membrane.
2. Egg yolk.
3. Cytoplasm
Explanation:
Much like the egg shell, the cell membrane prevents things from entering the cell thereby protecting it the way the shell does for a chicken egg.
The egg yolk in the middle of the egg is like the nucleus in a cell which is also at the middle.
The cytoplasm of the cell is the structure between the nucleus and the cell membrane and this is very similar to the egg white which exists between the egg yolk and the egg shell.
The analogy between chivken egg and a cell is Cell membrane,Egg yolk
and cytoplasm.
The best word that matches the example provided are :1. EGG SHELL :Cell membrane.
2. Egg yolk : NUCLEUS
3. EGG WHITE : Cytoplasm
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What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?
Answers
CPU clock speed is the _______________ at a predetermined rate.
a.
number of memory pages loaded
b.
number of files created
c.
number of electronic pulses created
d.
number of instructions processed
A _____ is a computer employed by many users to perform a specific task, such as running network or Internet applications.
a.
cache
b.
server
c.
bus
d.
register
_____ is a program concerned with the efficient and environmentally responsible design, manufacture, operation, and disposal of IS-related products.
a.
Utility computing
b.
Cloud computing
c.
Green computing
d.
Grid computing
_____ is a hard disk drive storage device that is set up with its own network address and provides file-based storage services to other devices on the network.
a.
The motherboard
b.
A storage area network (SAN)
c.
Network-attached storage (NAS)
d.
A thin client
Solid state storage devices (SSDs) store data in hard disk drives or optical media rather than memory chips.
a. True
b. False
Answers
A CPU clock speed is the number of electronic pulses created at a predetermined rate. The Option C is correct
A SERVER is a computer employed by many users to perform a specific task, such as running network or Internet applications. The Option B is correct.
Green computing is a program concerned with the efficient and environmentally responsible design, manufacture, operation, and disposal of IS-related products. The Option C is correct.
Network-attached storage is a hard disk drive storage device that is set up with its own network address and provides file-based storage services to other devices on the network. The Option D is correct.
It is a false statement that Solid state storage devices (SSDs) store data in hard disk drives or optical media rather than memory chips. A Solid state storage devices store data in memory chips rather than magnetic or optical media. Its chips require less power and provide faster data access than magnetic data storage devices.
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Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?
Answers
Answer and Explanation:
The computation of the equilibrium wages and the number of workers in each industry is as follows:
Since the supply of labor is 6,000
As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b
So, the equilibrium wage would be $8
Hence, the same would be considered and relevant too
"Creditors do not actually have to worry about their dues in case the business fails." In which form of business is this possible? Which special feature is highlighted in this statement ?
Answers
Answer:
sole proprietorship.
Explanation:
An exclusive property can be defined as a business structure that is managed and owned by a single person, so there is no legal distinction between the owner and his company. This is a type of simple business structure, and is generally used by people who are starting some kind of enterprise.
Therefore, this is the most appropriate business form for the statement of the issue, since in this structure there is only a single owner in the company, which guarantees its sole responsibility for all profits, debts and losses inherent to the business.
The balance in Discount on Bonds PayableGroup of answer choicesshould be reported on the balance sheet as an asset because it has a debit balanceshould be allocated to the remaining periods for the life of the bonds by the straight-line method, if the results obtained by that method materially differ from the results that would be obtained by the interest methodwould be added to the related bonds payable to determine the carrying amount of the bondswould be subtracted from the related bonds payable on the balance sheet
Answers
Answer: would be subtracted from the related bonds payable on the balance sheet
Explanation:
The discount on the bonds payable is simply a contra liability account which leads to a reduction in the balance that's in the bonds payable account.
The balance in Discount on Bonds Payable would have to be be subtracted from the related bonds payable on the balance sheet.
If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
Answers
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
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An asset is projected to generate 16 annual cash flows of $4,000 starting 7years from today. If the discount rate is 8%, how much is this asset worth today?
Answers
Therefore, the asset is worth approximately $28,650 today, given the provided cash flows and discount rate.
To determine the present value of the asset, we can use the formula for the present value of an annuity:
\(PV = C * [(1 - (1 + r)^{-n}) / r]\)
Where:
PV = Present value
C = Cash flow per period
r = Discount rate
n = Number of periods
In this case, the cash flow per period (C) is $4,000, the discount rate (r) is 8%, and the number of periods (n) is 16.
Let's calculate the present value:
\(PV = $4,000 * [(1 - (1 + 0.08)^{-16}) / 0.08]\)
\(PV = $4,000 * [(1 - (1.08)^{-16}) / 0.08]\)
PV = $4,000 * [(1 - 0.4270) / 0.08]
PV = $4,000 * (0.5730 / 0.08)
PV = $4,000 * 7.1625
PV ≈ $28,650
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Why does an enterprise need to listen to its customers
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Compute sales based on the following information.
Sales $ ?
Variable costs 30,000
Fixed costs 5,000
Target income $ 65,000
multiple choice
$100,000
$30,000
$35,000 Incorrect
$70,000
Answers
The sale are $100,000 when Variable costs 30,000 , Fixed costs 5,000 and Target income is $ 65,000.
To compute the sales based on the given information, we will use the following formula:
Sales = (Variable costs + Fixed costs + Target income) / (1 - Variable cost ratio)
First, we need to determine the variable cost ratio. Since the variable costs are $30,000, and no other information is given, we can assume that the variable cost ratio is the percentage of sales attributed to variable costs.
we can plug in the options and see which one works:
Option A: $100,000
Variable cost ratio = 30,000 / 100,000 = 0.3
Sales = (30,000 + 5,000 + 65,000) / (1 - 0.3) = 100,000
Option A works, so the sales are $100,000.
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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answers
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
In a push based system of distribution which relies on selling to customers through a sales force and retail partners, managers direct their promotional efforts more towards
Answers
Answer:
a) channel members.
Explanation:
A push-based distribution system can be defined as one whose production plan is directed from management to the market, where products are sent through a channel until they reach retailers, and then to the final consumer.
Therefore, managers direct their promotional efforts more towards channel members, so that the path that the product goes through to reach the final consumer is effective so that the product arrives in the right way, in the right quantity and at the right time to the consumer. Effective management of the company 's distribution channel helps to reduce costs, reduce delays, speed up the capacity to meet demand, increase customer satisfaction, etc.
You have a startup company that is not particularly well known. Your annual sales at the end of year 1 are $100,000. Due to hard work, however, you expect that your sales will grow by 25% every year. What type of cash flow is this? Irregular Series Gradient Series Geometric Series Uniform Series
Answers
The cash flow described in this scenario is a geometric series characterized by a constant growth rate of 25% each year.
The type of cash flow described in this scenario is a geometric series. A geometric series is a sequence of numbers in which each term is obtained by multiplying the previous term by a constant ratio. In this case, the annual sales are expected to grow by 25% each year, which means the sales for each subsequent year will be 1.25 times the previous year's sales.
The annual sales of $100,000 at the end of year 1 serve as the starting point, and by applying the growth rate of 25% (or 1.25), we can calculate the sales for each subsequent year. The sales for year 2 would be $100,000 x 1.25 = $125,000, for year 3 it would be $125,000 x 1.25 = $156,250, and so on.
This pattern continues indefinitely, with each year's sales being 25% higher than the previous year. A geometric series is characterized by its constant ratio between consecutive terms, making it suitable for modeling scenarios with consistent growth rates over time.
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when looking at a graph, consumer surplus (cs) is always the area [ select ] the [ select ] curve and above the
Answers
When looking at a graph, consumer surplus (CS) is always the area under the demand curve and above the market price. This is because the consumer surplus is the extra amount of money that consumers would be willing to pay above the market price for a good or service.
This is represented by the difference between the maximum amount that a consumer is willing to pay (the demand curve) and the actual price that they pay (the market price). Therefore, the larger the consumer surplus, the more value a consumer perceives in the good or service they are purchasing.The area under the demand curve and above the market price represents the consumer surplus. It is the difference between the total value that consumers place on the good or service (as represented by the demand curve) and the total amount they actually pay (as represented by the market price). In other words, consumer surplus is the area of the triangle between the demand curve, the market price, and the vertical axis, and it is measured in dollars.
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