4) The correct answer is a
Explanation:- Frictional unemployement is due to the natural friction of the economy, which is caused by changing market conditions and is represented by qualified individuals with transferable skills and changing jobs.
5) The correct answer is b
Explanation:- Ending capital balance = beginning capital balance + investments - net income + draw
6) The correct answer is b
Explanation:- Stockholders are the owners of the corporation according to the proportion of capital contributed by the stockholder, whereas the bond holders have lent money to the corporation.
4. Which of the following statements illustrates frictional u a. Hasan is quitting his current job...
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....