For each of the following situations, decide whether the unemployment that occurs is a result of cyclical, frictional, or structural changes. a. Large numbers of workers lose their jobs as the economy goes into a downturn.
b. Two hundred automobile workers lose their jobs as a result of a permanent reduction in the demand for automobiles.
c. Computer programmers lose their jobs because they have been outsourced to India.
d. A new college graduate takes three months to find his first job.
e. Workers in a high-end restaurant are laid off when the establishment experiences a decline in demand during a recession.
f. A financial analyst quits her current job to look for a better one.
g. A new construction technology reduces the demand for construction workers.

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Which of the following would be an accurate statement about achieving a balanced budget