Question

What are six of the occupations that are involved in this sector of the economy? That...

What are six of the occupations that are involved in this sector of the economy? That is, when there is a 20% drop in this activity, residential construction and sales volume, which workers lose their jobs? Why?
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Q2 Suppose a hypothetical economy consists of 20 nonunionised private sector workers following annual earnings: $18,000,...
Q2 Suppose a hypothetical economy consists of 20 nonunionised private sector workers following annual earnings: $18,000, $9,000, $82,000, $12,000, $13,000, $76,000, $61,000, $14,000, $22,000, $23,000, $21,000, $46,000, $59,000, $26,000, $27,000, $37,000, $6,000, $41,000, $3,000, and $24,000. Using annual earnings range of $10,000 (i.e. 0-$10,000, $10,000- $20,000, and so forth), construct a histogram (absolute frequency distribution) of this economy’s distribution of personal earnings. What is the mode of the histogram? What is the average (mean) level of earnings? What is the...
1.In 2001, the U.S. economy entered a recession and unemployment rose. Which one of the following...
1.In 2001, the U.S. economy entered a recession and unemployment rose. Which one of the following types of unemployment was most likely caused by the recession? a Cyclical unemployment b Full unemployment c Structural unemployment 2. Mexico can produce vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations, the United States lifted quotas limiting the import of tomatoes from Mexico. Some firms in Florida, in the face of this new competition, had to...
Elite Lawn & Plowing (EL&P) is a lawn and snow plowing service with both residential and...
Elite Lawn & Plowing (EL&P) is a lawn and snow plowing service with both residential and commercial clients. The owner believes that the commercial sector has more growth opportunities and is considering dropping the residential service. Twenty employees worked a total of 41,000 hours last year, 28,000 on residential jobs and 13,000 on commercial jobs. Wages were $14 per hour for all work done. Any materials used are included in overhead as supplies. All overhead is allocated on the basis...
Elite Lawn & Plowing (EL&P) is a lawn and snow plowing service with both residential and...
Elite Lawn & Plowing (EL&P) is a lawn and snow plowing service with both residential and commercial clients. The owner believes that the commercial sector has more growth opportunities and is considering dropping the residential service. Twenty employees worked a total of 42,000 hours last year, 26,000 on residential jobs and 16,000 on commercial jobs. Wages were $16 per hour for all work done. Any materials used are included in overhead as supplies. All overhead is allocated on the basis...
Elite Lawn & Plowing (EL&P) is a lawn and snow plowing service with both residential and...
Elite Lawn & Plowing (EL&P) is a lawn and snow plowing service with both residential and commercial clients. The owner believes that the commercial sector has more growth opportunities and is considering dropping the residential service. Twenty employees worked a total of 33,000 hours last year, 22,000 on residential jobs and 11,000 on commercial jobs. Wages were $16 per hour for all work done. Any materials used are included in overhead as supplies. All overhead is allocated on the basis...
Question: Pick an industry that typically has strong cyclical (peaks when the economy is strong) or...
Question: Pick an industry that typically has strong cyclical (peaks when the economy is strong) or counter-cyclical (peaks when the economy is weak) employment.   Find an online article that supports your identification of the industry.   Why do you suppose this industry has cyclical (or counter-cyclical) employment? Example:   The Secondary Education Industry has a strong COUNTER-Cyclical employment relationship.   When the economy is very strong, individuals enter the workforce directly and bypass education.   However, when the economy is weak and people lose...
E18.24 (LO3) (Bill and Hold) Wood-Mode Company is involved in the design, manufacture, and installation of...
E18.24 (LO3) (Bill and Hold) Wood-Mode Company is involved in the design, manufacture, and installation of various types of wood products for large construction projects. Wood-Mode recently completed a large contract for Stadium Ltd., which consisted of building 35 different types of concession counters for a new soccer arena under construction. The terms of the contract are that upon completion of the counters, Stadium would pay £2,000,000. Unfortunately, due to the depressed economy, the completion of the new soccer arena...
Consider a small economy composed of six people: Larry, Megan, Raphael, Susan, Becky, and Alex. Each...
Consider a small economy composed of six people: Larry, Megan, Raphael, Susan, Becky, and Alex. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in the civilian adult population. Person Status Larry is...
Consider an economy in which there are 100 workers. One-half of the workers are endowed with...
Consider an economy in which there are 100 workers. One-half of the workers are endowed with 200 units of the consumption good when young and nothing when old. The remaining workers are endowed with 20 units of the consumption good when young and nothing when old. Each worker saves 30 percent of their endowment when young. Let the gross real return on capital be 1.25. Money supply grows according to following rule: Mt=1.1Mt-1. Assume that each worker uses 10 goods...
Please just answer d, e, f 1. Consider an economy consisting of three provinces in Canada...
Please just answer d, e, f 1. Consider an economy consisting of three provinces in Canada with their technology and input specified in the table below. In what follows, assume that the economy switches producers in the right order except in items e), f) and k) a) How much is PEI’s opportunity cost of a peach? b) Between Alberta and Ontario, which one is better at producing Mussels and why? c) Assume that mussel production requires labour input only. Determine...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT