You get to control how the business is run, you don't have to listen higher ups. It is also rewarding to see how well your business is doing.
Answer:
Following are the journal entries recorded for the payroll of current time period;
Debt: Salary Expense = $50,000
Credit: Tax Payable by Medicare = $750
Credit: Deduction Payable For Employee Saving = $2,550
Credit: Income Tax payable for Federal Employees = $9,000
Credit: Tax payable for Social Security = $3,000
Credit: Salaries payable to Employees = $34,700
Marketing Mix: Product, Price, Promotion, Place
Answer:
The correct answer is option A.
Explanation:
The bureau of labor statistics works under the department of labor. It collects information regarding, unemployment rate, types of employment, etc. It provides monthly data on the unemployment rate.
The BLS considers people who are jobless, actively looking for work and available for work as unemployed. Those people who are jobless and not actively looking for work are considered discouraged workers. These workers are not included in the labor force.
The unemployment rate is calculated as the ratio of a number of unemployed workers to the total labor force.
In the survey by BLS, some discouraged workers falsely report themselves as actively looking for work even when they are not. These workers get included in unemployed workers and the total labor force. This causes the unemployment rate to be overstated.
