Suppose the world price of steel falls substantially. the demand for labor among steel-producing firms in pennsylvania willincrease. the demand for labor among automobile-producing firms in michigan, for which steel is an input, willincrease. the temporary unemployment resulting from such sectoral shifts in the economy is best described ascyclical unemployment.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose the world price of steel falls substantially. the demand for labor among steel-producing firms in pennsylvania willincrease. the ...” 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
Select the correct answer. What is the consumer's ability and desire to buy goods and services called? A. supply B. demand C. equilibrium
Answers (1)
what is one important role consumers play in the interaction between producers and households
Answers (1)
7. Debt Irrelevance. Digital Fruit is financed solely by common stock and has outstanding 25 million shares with a market price of $10 a share.
Answers (1)
A person who is highly knowledgeable or skilled in a particular domain, such as physics, anesthesiology, or teaching is best described as a (n) :
Answers (1)
Claremont company specializes in selling refurbished copiers. during the month, the company sold 210 copiers for total sales of $756,000. the budget for the month was to sell 205 copiers at an average price of $3,800.
Answers (1)
New Questions in Business
Javier's employer pays for 43% of his annual health insurance premium. Javier pays the remaining balance by having it deducted from his paychecks in equal amounts twice a month throughout the year. If $157.
Answers (1)
Choose the BEST paraphrase of this sentence: Tashkent, the capital of Uzbekistan, has been an important market and trading place for hundreds of years.
Answers (1)
Economic exposure, a category of foreign exchange risk, is distinct from transaction exposure, which is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within
Answers (1)
According to liquidity preference theory, if there were a surplus of money, then A. the interest rate would be above equilibrium and the quantity of money demanded would be too large for equilibrium. B.
Answers (1)
Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (349,400 units) $ 4,372,000 Cost of goods sold 2,595,000 Gross profit
Answers (1)