Answer: c. there are no benefits to unemployment.
There are only individual benefits such as free from commute, time to spend with family and friend. However this can not be taken as benefit. In fact unemployment has a lot of demerits such as it slows down economy, low wage rates etc.
A benefit of unemployment is Group of answer choices it imposes discipline on the workforce. it...
Which statement below is not correct regarding the Projected Benefit Obligation (PBO)? Group of answer choices The PBO is based on future salary levels. Benefits paid to retirees do not affect the PBO. A higher discount rate assumption increases the projected benefit obligation. The PBO represents the present value of the retirement benefits earned to date.
1.Which of the following is not true about retirements from healthcare careers? Group of answer choices Practitioners delay retirement when the economy is strong because wages are higher. Data are limited on retirements from the profession. Practitioners delay retirement when the economy is weak. serial retirement makes it difficult to project future workforce supply. 2.Which of the following factors may have an impact on workforce projections? Group of answer choices Changes in clinical practice Changes in technology Use of electronic...
Minimum wages create unemployment in markets where they create a Group of answer choices surplus of labor. Unemployment of this type is called frictional. shortage of labor. Unemployment of this type is called structural. surplus of labor. Unemployment of this type is called structural. shortage of labor. Unemployment of this type is called frictional.
1) What is real GDP? Group of answer choices It is the total market value of final goods and services produced in an economy in a given year. It is a sustained increase in the average price level of goods and services. It is the total market value of all final goods and services produced in an economy in a given year, adjusted for inflation. It is an increase in the money supply. 2) The unemployment rate is: Group of...
1. If the government imposes a price ceiling, then: Group of answer choices producers would be inclined to increase the quantity supplied. producers must charge the ceiling price. the price offered by producers must be at or below the ceiling price. the market supply curve will shift to the right. the price offered by producers must be at or above the ceiling price. 2. If foreign exchange rates are determined by the interaction of supply and demand forces for the...
1. Regulations that offer imperfect answers Group of answer choices Reflect the realistic choices that society must make between imperfect markets and imperfect government intervention. Are options that should never be implemented. Will always have costs greater than their benefits. Are not consistent with utility maximization in the real world. 2. An unregulated natural monopoly is most likely to Group of answer choices Produce where marginal cost equals price. Charge a lower price than if the same product were produced...
Which of the following statements is positive? Group of answer choices When the Federal Reserve increases the money supply, interest rates decrease. Large budget deficits should be avoided. A tax cut that benefits low-income households is acceptable. Higher taxes are needed to support education. The standard of living in an economy is best measured by: Group of answer choices output per person. average labor productivity. total output. the inflation rate. If average labor productivity increases while population and the number...
1/ Bankruptcy law is exclusively ___________ law. Group of answer choices state federal common contract 2/ When an employer and a labor union are negotiating the terms of a new contract, the subject of wages is Group of answer choices permissive. illegal. unauthorized. compulsory. 3/ A Chapter 13 bankruptcy requires a ___________ be filed no later than 90 days after an order for relief. Group of answer choices petition for discharge bankruptcy estate plan of payment list of creditors 4/...
The Phillips curve describes the relationship between: Group of answer choices savings and investment the unemployment rate and the inflation rate marginal tax rates and tax revenues the federal budget deficit and the trade deficit
1. Marginal cost pricing means that a firm charges Group of answer choices A price that is marginally lower than the average total cost of production. Any price as long as average total cost is greater than marginal cost. A price that is marginally higher than the average total cost of production A price that is equal to the marginal cost of production. 2. If the government wants a natural monopolist to achieve allocative efficiency, the government should Group of...