Jack lost his job six months ago, and he's been actively looking for a new job ever since. the bureau of labor statistics would classify jack as

a. a discouraged worker.

b. out of the labor force.

c. unemployed.

d. all of the above.

Briefly state the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly.

Why is functional finance difficult to implement? 1. Financing the deficit often has offsetting effects, and the government doesn't always know how its policies will affect the economy. 2.

LO 1.5Describe what is meant by the term ""balanced"" in the term balanced scorecard method.

Expansionary fiscal policy is so named because it a. involves an expansion of the nation's money supply. . necessarily expands the size of government. c. is designed to expand real GDP. d. is aimed at achieving greater price stability.

At which stage does the idea finally convert into a prototype product

It is difficult to imitate a distinctive competence because: a. its nature might not be understood by competing firms. b. its application will lead to competitive parity. c. it might not be applicable to a competing firms' products. d.

Palmer Music manufactures and sells MP3 players and sound systems that include a 180-day warranty on product defects. The company also sells 2-year extended warranties.

Keithomp, a company that manufactures and exports candies, sells different flavors of candy depending on the taste preferences of the country that it supplies to.

Kane Company's employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is, an employee is entitled to the pay even if employment terminates).

Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful life is estimated at 10 years, or 300,000 units of product, with a $6,000 salvage value.