For each of the following scenarios, state whether the unemployment is frictional, structural, or cyclical. Justify your
Question:
a. Ted lost his job when the steel mill closed down. He lacks the skills to work in another industry and so has been unemployed over a year.
b. Alice was laid off from her job at the auto plant because the recession reduced the demand for cars. She expects to get her job back when the economy picks up.
c. Gwen had a job as a clerk but quit when her husband was transferred to another state. She looked for a month before finding a new job that she liked.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 65% (20 reviews)
a Structural Teds skills are mismatched with existing emplo...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
For each of the following scenarios, which report format would you choose and why? If you would use a primarily text-based report format, identify whether you would create a separate document (with a...
-
For each of the following scenarios, indicate which of the four basic tax planning variables (entity, character, time period, jurisdiction) impacts after-tax value. Note that more than one variable...
-
For each of the following scenarios, indicate how they would be classified for fund balance reporting 1. Bond proceeds of $15.000.000 that must be used for construction of a fire substation remain...
-
Table illustrates the quantities, marginal costs, average variable costs, and average costs of a competitive firm. Refer to table 4. How much is the unit profit at price =$30? [the problem is based...
-
Find the following probabilities: P(-1 < Z < 1), P(-1.96 < Z < 1.96), P (-2.33 < Z < 2.33).
-
The effective capacity and efficiency for the next quarter at MMU Mfg. in Waco, Texas, for each of three departments are shown: Compute the expected production for next quarter for eachdepartment....
-
Describe the three-phase model of planned change.p. 477
-
On March 1, 2015, Zephur Winds Ltd. purchased a machine for $80,000 by paying $20,000 down and issuing a note for the balance. The machine had an estimated useful life of nine years and an estimated...
-
JBL Aircraft manufactures and distributes aircraft parts and supplies. Employees are offered a variety of share - based compensation plans. Under its nonqualified stock option plan, JBL granted...
-
Using a computer spreadsheet, set up a cash flow statement to capture the anticipated cash flow in the following case study scenario. Cash Flow Planning Exercise This exercise is an opportunity to...
-
Ellen is downloading labor market data for the most recent month, but her connection is slow and so far this is all she has been able to get: Unemployment rate 5.0% Participation rate 62.5% Not in...
-
The towns of Sawyer and Thatcher each have a labor force of 1,200 people. In Sawyer, 100 people were unemployed for the entire year, while the rest of the labor force was employed continuously. In...
-
Many people consider algae to be plants even though algae do not have roots, stems, and leaves, but in many algae, cell division is different from that in true plants. Do most algae have a...
-
Identify whether the following statements are true or false: a. U.S. GAAP is universally accepted in all countries in the world. b. U.S. GAAP is established by the IASB. c. Once established, U.S....
-
Determine the missing amount in each of the following cases: Assets Liabilities $190,000 $62,000 ? $53,000 $115,000 ? Stockholders' Equity ? $31,000 $61,000
-
For the following four unrelated situations, A through D, calculate the unknown amounts appearing in each column: A B C Beginning Assets. $45,000 $32,000 $53,000 ? Liabilities.. 32,000 15,000 49,000...
-
On December 31, Greg Jones completed his first year as a financial planner. The following data are available from his accounting records: a. Compute Greg's net income for the year just ended using...
-
The Benson Company has collected the following production cost data: {Required:} What would be the incremental production costs for an additional 10 units after the Benson Company has produced 8...
-
Describe three ways that internal auditors can better identify the risks related to the area under review.
-
Following is the current balance sheet for a local partnership of doctors: The following questions represent independent situations: a. E is going to invest enough money in this partnership to...
-
(Matching-use of funds) Using the following codes, indicate which description best fits the funds listed by placing the code in the space provided. GF SRF CPF DSF General Fund Special Revenue Fund...
-
Suppose the government currently raises $100 million through a 1-cent tax on widgets, and another $100 million through a 10-cent tax on gadgets. If the government doubled the tax rate on widgets and...
-
This chapter analyzed the welfare effects of a tax on a good. Consider now the opposite policy. Suppose that the government subsidizes a good: For each unit of the good sold, the government pays $2...
-
Hotel rooms in Small town go for $100, and 1,000 rooms are rented on a typical day. a. To raise revenue, the mayor decides to charge hotels a tax of $10 per rented room. After the tax is imposed, the...
-
September 1 . Purchased a new truck for $ 8 3 , 0 0 0 , paying cash. September 4 . Sold the truck purchased January 9 , Year 2 , for $ 5 3 , 6 0 0 . ( Record depreciation to date for Year 3 for the...
-
Find the NPV for the following project if the firm's WACC is 8%. Make sure to include the negative in your answer if you calculate a negative. it DOES matter for NPV answers
-
What is the value of a 10-year, $1,000 par value bond with a 12% annual coupon if its required return is 11%?
Study smarter with the SolutionInn App