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Discuss the likely impact of each of the following on the unemployment rate:
a.The length of time workers are eligible to receive unemployment insurance payments is cut in half.
b.The government passes a law making labor unions illegal.
c.The minimum wage is raised by 50 percent.
d.The government funds an Internet site where companies can post job openings at no charge.
Processing Department
A specific location or unit within a manufacturing facility where a distinct process or series of processes occur for the production of goods.
Equivalent Unit
A measure used in cost accounting to express the amount of work done on partially finished goods as an equivalent number of fully finished units.
Processing Department
A division within a manufacturing facility where a specific type of production activity or process is carried out.
Materials
The raw items, components, or substances used in the production of goods.
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