Which of the following situations would be considered cyclical unemployment? Choose one or more: A. A typewriter repair shop closes, citing lack of business. The owner is quoted as saying, "We haven't had a customer in weeks. It has something to do with people using computers." B. A recent college graduate cannot find a job anywhere, despite excellent qualifications. The news media report that there are not enough jobs to go around in the economy. C. A college instructor's contract is not renewed because more people are taking online classes and the college does not need as many classroom instructors. D. A worker on the assembly line at Ford is laid off due to a drop in car sales brought on by a weak economy. E. A friend wins the lottery and quits working. He says he will never work again. F. A friend is taking a trip around the world while she waits for another job offer. She has been offered six jobs but has not accepted any of them.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following situations would be considered cyclical unemployment? Choose one or more: A. A typewriter repair shop closes, citing ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Price is constant to the individual firm selling in a purely competitive market because:
Answers (1)
Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 20Y9 20Y8 Sales $7,906,000 $6,726,000 Accounts receivable: Beginning of year 600,000 540,000 End of year 580,000 600,000 a.
Answers (1)
You had planned to go out for pizza with your friends Saturday night. You've all gathered at your place but when you're about to leave, it starts to snow heavily, so you decide to have a pizza party at your place.
Answers (1)
A corporate bond has a 10-year maturity and pays interest semiannually. The quoted coupon rate is 6%, and the bond is priced at par. The bond is callable in 3 years at 110% of par. What is the bond's yield to call
Answers (1)
An example of a situation in which company needs credit for investing activities is: Select one: A. Start-up operating losses B. Refinancing of debt C. Mergers and acquisitions D. Seasonal sales patterns
Answers (1)
New Questions in Business
In year 1 the CPI is 140, and in year 2 the CPI is 154. From year 1 to year 2, Maria's salary rises from $43,000 to $48,000, and Daisy's salary rises from $65,000 to $70,000. Who is "more than keeping up with inflation"?
Answers (2)
Under a perpetual inventory system: a) purchases on account are debited to Purchases. b) purchase returns are debited to Purchase Returns and Allowances. c) freight costs are debited to Freight-Out. d) purchases on account are debited to Inventory.
Answers (1)
Prepare various types of budgets
Answers (1)
On October 1, 20X3, Green Corporation paid $450,000 for all of Yellow Company's outstanding common stock.
Answers (1)
What is the lowest level of the permanent party organization in texas?
Answers (1)