unit 4.pdf - Sophia Welcome Score 14/20 You passed this...

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1/8/2021 Sophia :: Welcome UNIT 4 — MILESTONE 4 Score 14/20 You passed this Milestone 14 questions were answered correctly . 6 questions were answered incorrectly . 1 Which of the following is an example of a sustainable business practice as it relates to employment? Businesses recognize the benefit of keeping skilled workers in the long run. Businesses lay off workers during downturns in the business cycle. Businesses trade labor for capital during periods of economic growth. Businesses lay off workers to keep costs down.
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CONCEPT Sustainable Returns--Investor Impact 2 Joe owns an electrical company that specializes in work on custom homes. Which of the following economic indicators would be most helpful in Joe's line of business for helping him to decide whether or not to add a permanent employee to payroll?
1/8/2021 Sophia :: Welcome The Conference Board Consumer Confidence Index The S & P 500 Building permits CONCEPT Key Leading Indicators 3 If William quit his office job and is now looking for a position teaching English overseas, what type of unemployment would he be experiencing?
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CONCEPT Assessing Costs of Unemployment--Labor Economics 4 Which statement below is correct?
1/8/2021 Sophia :: Welcome 3/10 Private goods are nonrival and excludable. CONCEPT Public Goods, Private Goods, and the “Tragedy of the Commons” 5 In a pure market economy, public goods ___________.

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