Frictional unemployment occurs when:___________.1. there is friction between an employer and employee. 2. a worker decides to quit one job to seek a different job. 3. a large corporation transfers a worker to another city. 4. college students go back to school at the end of the summer.

Answers

Answer 1

Answer:

Answer:

2. a worker decides to quit one job to seek a different job.

Explanation:

Frictional unemployment occurs when workers are moving from one job to another. It happens when the available jobs and the workers' skills do not match. For example, a graduate from the university cannot find a job that matches the skills straight away. The period of searching for that first job is called frictional unemployment.

Frictional unemployment is naturally occurring in the economy. It is present when the economy is in full employment. It is present as workers are always searching for better opportunities elsewhere, and students are graduating and searching for their first employment.

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Gilbert Company made an ordinary repair to a delivery truck during 2016 at a cost of $500 and capitalized the repair cost. What is the effect on the 2016 financial statements as a result of the incorrect capitalization?

Answers

Answer:

The answer is:

Asset will be overstated

Net income will be overstated

Explanation:

Because of the incorrect capitalization(the process of converting or adding to a firm's asset):

1. Assets are overstated. Assets that shouldn't are added to the entire assets are added. So it's increasing the company's asset whereas it's not.

2. Net income are overstated. Because depreciation too will have to be charged for the asset that wasn't there, therefore, net asset will be overstated.

Why might a construction company build a high-rise building with steel alloy beams instead of pure iron beams?

Answers

Answer: Steel alloy beams are harder and stronger than pure iron beams. A small amount of carbon makes the steel stronger.

Steel is a well known and commonly used alloy (a mixture of several metals) to build a high rise building because it can be around 1000 times stronger than iron in its pure form. It is made from iron and a small amount of carbon (usually between 0.2% and 2.0% by weight) that makes it stronger and lighter.

Pure iron beams, on the other hand, has the bigger quantity of carbon that makes its structure weak and fragile, thus not fit for high rise building.

What term refers to the United States’ sale of steel to Germany?A) consumer

B) business

C) government

D) national export

Answers

The answer would be : B. business

Business refer to an activity in which an entity provides goods or services to the consumers. In this case , The united states is the entity , Steel is the Goods, and Germany is the consumer

The term that refers to the US's sale of steel to Germany is D) national export.

According to marginal analysis, you should spend more time studying economics if the extra benefit from an additional hour of study:a.
is positive.
b.
outweighs the extra cost.
c.
exceeds the benefits of the previous hour of study.
d.
will raise your exam score.

Answers

b. outweighs the extra cost.

Marginal analysis is the investigation of the ongoing variations in the correlation between economic subjects. This process properly examines the additional advantages of a certain activity and comparing the further expenditures it takes. The important aspects in this type or analysis encompasses the marginal revenue, marginal rate of substitution, marginal product, marginal propensity to save, marginal cost and etc. Furthermore, many firms invest in marginal analysis to create better and make the best out of their returns in investments.

for the greeting in a business letter when you don't know the name of the person who will be reading it, which of the following is least likely to conform to present day usage

Answers

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Ownership of an individual housing unit in a building is commonly called:a. a cooperative.
b. modular housing.
c. manufactured housing.
d. a condominium. E. zoned housing.

Answers

Ownership of an individual housing unit in a building is commonly called d. a condominimum.

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