Based on each of the following descriptions of an individual, answer whether they would be considered...

Based on each of the following descriptions of an individual, answer whether they would be considered ‘unemployed’ or ‘not unemployed’. If they are ‘unemployed’, suggest whether you think it is frictional, structural, seasonal or cyclical unemployment. You must provide reasons for you answers. The correct answer with no explanation will not receive any marks. (1 mark each)

i. A 14-year-old is actively looking for a part time pet care job. He applied for three positions but received no responses.

ii. A 40-year-old chef was made redundant and loses her job because of COVID-19 pandemic (lack of demand for consumption goods). She is looking for a new job but is struggling to find one.

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Rahul Sunny answered 1 year ago

Based on each of the following descriptions of an individual, answer whether they would be considered...

Based on each of the following descriptions of an individual, answer whether they would be considered ‘unemployed’ or ‘not unemployed’. If they are ‘unemployed’, suggest whether you think it is frictional, structural, seasonal or cyclical unemployment. You must provide reasons for you answers. The correct answer with no explanation will not receive any marks. (1 mark each) i. A 14-year-old is actively looking for a part time pet care job. He applied for three positions but received no responses. I...

How can we differentiate between whether an individual would be considered an independent contractor or a...

How can we differentiate between whether an individual would be considered an independent contractor or a W-2 employee? What repercussions, if any, does an employer face if they incorrectly identify an employee as an independent contractor?

a) Indicate whether each of the following guarantees is considered insurance. Explain your answer. i) A...

a) Indicate whether each of the following guarantees is considered insurance. Explain your answer. i) A television set is guaranteed by the manufacturer against defects for 90 days. ii) A large group of homeowners agrees to pay for losses to homes that burn during the year because of fire. iii) I bet the insurance company $300 against $100,000 that my house will burn.

For each of the following errors, considered individually, indicate whether the error would cause the adjusted...

For each of the following errors, considered individually, indicate whether the error would cause the adjusted trial balance totals to be unequal. If the error would cause the adjusted trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much. 1 The adjustment for accrued wages of $5,550 was journalized as a debit to Wages Expense for $5,550 and a credit to Accounts Payable for $5,550. --- A. The totals are equal....

For each of the following errors, considered individually, indicate whether the error would cause the trial...

For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much. If the debit and credit totals would be equal, enter zero ("0") in the amount box. a. The payment of an insurance premium of $7,450 for a three-year policy was debited to Prepaid Insurance...

Trial Balance Errors For each of the following errors, considered individually, indicate whether the error would...

Trial Balance Errors For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much. If the debit and credit totals would be equal, enter zero ("0") in the amount box. a. The payment of an insurance premium of $7,450 for a three-year policy was debited...

2. Determine whether each of the following would be considered frictional, structural, seasonal, or cyclical unemployment....

2. Determine whether each of the following would be considered frictional, structural, seasonal, or cyclical unemployment. Please answer in the blank box. A A UPS employee who was hired for the Christmas season is laid off after Christmas B A worker who is laid off due to reduced aggregate demand in the economy C A worker in a DVD rental store becomes unemployed as video-on-demand cable service becomes more popular D A new college graduate is looking for employment 3....

Indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist....

Indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist. Description Saving Investment This occurs when a person or firm purchasesd new capital. ( ) ( ) This occurs when a person’s income exceeds his consumption. ( ) ( ) Which of the following situations represent saving. Check all that apply. You use your $200 paycheck to buy stock in AT&T. ( ) You borrow $1,000 from a bank to buy a car to...

This is a descriptions of a mutation designed to give an individual super powers/abilities. Answer all...

This is a descriptions of a mutation designed to give an individual super powers/abilities. Answer all parts of the question in essay style. Use biochemistry concepts and connections for answers. Don't contain irrelevant information in the answer. Since Avengers have returned life back to near normal, in the future, Shuri is designing genetic mutations that will make non-enhanced avengers faster and stronger, mainly important for Sam Wilson. She created a strain of genetically engineered mice that mimic human metabolism exactly....

This is a descriptions of a mutation designed to give an individual super powers/abilities. Answer all...

This is a descriptions of a mutation designed to give an individual super powers/abilities. Answer all parts of the question in essay style. Use biochemistry concepts and connections for answers. Don't contain irrelevant information in the answer. Since Avengers have returned life back to near normal, in the future, Shuri is designing genetic mutations that will make non-enhanced avengers faster and stronger, mainly important for Sam Wilson. She created a strain of genetically engineered mice that mimic human metabolism exactly....

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Based on each of the following descriptions of an individual, answer whether they would be considered...

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Based on each of the following descriptions of an individual, answer whether they would be considered...

How can we differentiate between whether an individual would be considered an independent contractor or a...

a) Indicate whether each of the following guarantees is considered insurance. Explain your answer. i) A...

For each of the following errors, considered individually, indicate whether the error would cause the adjusted...

For each of the following errors, considered individually, indicate whether the error would cause the trial...

Trial Balance Errors For each of the following errors, considered individually, indicate whether the error would...

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This is a descriptions of a mutation designed to give an individual super powers/abilities. Answer all...

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