The components of the unemployment rate In the following table, determine what type of unemployment best describes each situation. Frictional Cyclical Structural Unemployment Unemployment Unemployment Kevin was laid off as a teacher because of government budget cuts, made necessary by a fall in tax revenues caused by a recession. Crystal's contract ended last week, and her next contract doesn't start until next week. Susan was a highly skilled instrument maker, but she hasn't been able to find work in the field since her workshop closed due to competition from instrument makers in China. Imagine an economy where the structural rate of unemployment is 7% and the frictional rate of unemployment is 3.5%. In this economy the natural rate of unemployment would be determined from the information given.) and the cyclical rate of unemployment would be . (Select ?% if the rate cannot be determined from the information given.)

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $