Economics
Part 2: Types
Determine the category of unemployment for each person.
A. Fric...
Economics
Part 2: Types
Determine the category of unemployment for each person.
A. Frictional Unemployment
B. Structural Unemployment
C. Seasonal Unemployment
D. Cyclical Unemployment
E. Not in the labor force and not unemployed
17. The snow has thawed and Adam has lost his job at the Vail Ski Resort Company.
18. After many years of teaching, Bernice has retired.
19. Shakira, a skilled glassblower, became unemployed when a new machine does her job faster.
20. Devon and Justin lost their jobs at the sock factory in Ft. Payne, Alabama, because the business was outsourced to Mexico.
21. Jake, a computer programmer, is laid off from work for lack of business orders.
22. Virginia, a literary editor, leaves her job in New York to look for a new job in San Francisco.
23. Twinkle the elf lost his job in January.
24. Charlie is a full-time student at State University majoring in engineering.
25. Mitch is leaving his part-time job to seek a job that offers full-time employment.
26. Workers at GM and Ford plants are losing their jobs due to slow car sales.
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For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?
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