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How would the unemployment rate be affected in each of the following case? Explain your answers by referring to the specific type of unemployment (frictional, structural or cyclical unemployment) affected in each of the case.
i. An efficient online job & worker matching system is newly introduced and widely used in Country X.
ii. A global economic crisis badly hits Country X.
iii. Some textile workers in Country X become jobless due to more imports of
textile products from Country Y.
iv. More workers join the labour union in Country X.
v. There is a drastic increase in the statutory minimum wage this year in Country X.
vi. The government of Country X greatly reduces the unemployment benefits given to unemployed workers.
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Describe briefly the advantages and disadvantages of both floating and fixed exchange-rate systems. Which do you think the world will move toward in the future?
Compute the upper value (limit) of the confidence interval to estimate the population proportion if the sample size
1. Explain how firms raise the funds they need to operate and expand. 2. What information do corporations include in their financial statements? Explain.
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How can the top leadership in your organization influence its performance measures?
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