Answer: 5%
Explanation:
Unemployment rate = Number unemployed / Labor force * 100%
The number of people who are unemployed are:
= Labor force - Employed people
= 800,000 - 760,000
= 40,000 people
Unemployment rate = 40,000 / 800,000 * 100%
= 5%
Answer:
Explanation:
The correct journal entry is shown below:
Equipment A/c Dr 700,000
To Accumulated depreciation A/c $420,000
To Retained earnings A/c $280,000
(Being the error is recorded and the remaining balance is credited to the retained earning account)
The depreciation expense would be
= (Original cost - residual value) ÷ (useful life)
= ($700,000 - $0) ÷ (5 years)
= ($700,000) ÷ (5 years)
= $140,000
For three years, the depreciation would be
= $140,000 × 3 years
= $420,000
If the economy's income rises, the price of a normal good like a trumpet will rise and the quantity will increases.
If the number of trumpet producers on the market increases, this means that there will be an increase in supply, which can mean greater availability of these goods and, consequently, a reduction in price.
In a situation where there are few substitutes for trumpets, demand will be relatively inelastic, as consumers are not as sensitive to price changes due to low availability.
<h3 /><h3>What is the law of supply and demand?</h3>
They are economic concepts related to the quantity of a good available in the market and its price, which are determined by the law of supply and demand, impacted by economic forces, such as income, producers, and policies for example.
Therefore, the greater the supply than the demand, the lower the prices, and the lower the supply, the higher the prices.
Find out more about supply and demand here:
brainly.com/question/1222851
#SPJ1
H<span>e considered all of the following as male-dominated jobs except for taking care of cattle.
This job is either balanced between men and women, or is female-dominated completely, according to George Murdock. Based on his study, he concluded that men usually dominate in jobs such as pursuing sea mammals, hunting, and making weapons, whereas that is not the case with taking care of cattle.
</span>
The six 9s of the quality rule are a measure of quality control that is equivalent to one error in a million potential for problems.
<h3 /><h3>What does "quality control" mean?</h3>
- A technique or collection of procedures known as quality control (QC) is designed to make sure that a service or product is made in accordance with a specified set of quality criteria or that it satisfies the needs of the client or customer.
- There are various approaches to quality control. These include the Taguchi Method, Six Sigma, an x-bar chart, and 100% inspection mode.
- Setting standards and conducting tests to ensure that anything, such as a product or service, is completed correctly is known as quality control.
To learn more about quality control, refer to:
brainly.com/question/14167114
#SPJ4
