If the Seasonally Unemployed No Longer Qualified for Unemployment Insurance

question 4

Multiple Choice

If the seasonally unemployed no longer qualified for unemployment insurance benefits, then we would expect

• A)no seasonal unemployment.
• B)no seasonal workers.
• C)higher wages for seasonal workers.
• D)lower wages for seasonal workers.
• E)greater UI benefits paid to non-seasonal workers.

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Definitions:

Activity Measure

A metric or index used to gauge the extent or level of activity undertaken in a particular process or operation.

Activity-based Costing

A method of allocating overhead and indirect costs to products or services based on the activities that generate those costs.

Overhead Costs

General business expenses that are not directly attributable to a specific product or service but are necessary for the business to operate.

Direct Labor-hours

The total hours worked by employees directly involved in the manufacturing process, used in assigning costs to products.