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konstantin123
15 days ago
14

Which best describes the role of financial planning?

Business
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On the island of Martha's Vineyard, jobs are plentiful during the summer months, but difficult to find in September once the tou
marusya05 [3725]
Answer B is correct. Seasonal. Explanation: Seasonal unemployment arises at certain periods of the year when demand for services or goods decreases compared to other times. This scenario frequently occurs in tourist regions, like the one described in the provided question, where job demand spikes during peak tourist seasons. Ideally, workers facing seasonal unemployment should seek economic adjustments in low-demand months and diversify their activities to ensure continued income. Government intervention through public employment policies is also critical to mitigate this issue.
8 0
2 months ago
Zack has two savings accounts with a total of $9,000. he withdrew 10% from one and 60% from the other to buy his girlfriend an e
Scilla [3833]
To start with,
Let x signify the balance in the first savings account.
Let y signify the balance in the second savings account.

The combined total in the accounts is $9,000, leading to the equation:
x + y = 9000                      (1)

Zack withdrew 10% from account x and 60% from account y, totaling $2,175.
Thus,
0.1x + 0.6y = 2175
or
x + 6y = 21750                  (2)

To find y, subtract equation (1) from (2):
x + 6y - (x + y) = 21750 - 9000
5y = 12750
y = 2550
Next, from (1), compute:
x = 9000 - 2550 = 6450

Consequently, the balance in the first account is
0.9*x = 0.9*6450 = $5,805, while the balance remaining in the second account is
0.4*y = 0.4*2550 = $1,020.

Final answer:
The balance in the first account is $5,805 and the balance in the second account is $1,020.

8 0
4 months ago
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