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Aleksandr [31]
2 years ago
15

Suppose there are 70 million people in the labor force, out of which 60 million are employed, then the unemployment rate is?

Business
1 answer:
ZanzabumX [31]2 years ago
8 0

Suppose there are 70 million people in the labor force, out of which 60 million are employed, then the unemployment rate is: 14.28%.

An unemployed person is someone who does not have a job but is actively looking for one. Employed or Not Employed? You are employed part-time. If you work as a student, the university cafeteria is employed.

Labor force participation rate = (labor force/working age population) x 100 where labor force = employment + unemployment. To solve this problem, we need to know the number of people employed, the number of job seekers, and the working age population.

Learn more about the labor force at

brainly.com/question/24939447

#SPJ4

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Answer:

A. III only

Explanation:

One of the very useful tools in project management analysis is the PERT and CPM.

PERT (Program evaluation and review technique) provides valuable information regarding which activities need to be closely watched.

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Both CPM and PERT serve similar purposes by helping to determine projects or activities that need to be watched closely.

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Instead of treating mobile commerce and traditional retailing as separate retail channels, the National Retail Federation recomm
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Omni-channel

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In regard to the stages (or rounds) of venture capital funding, the stage of funding that occurs when an investment is made very
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algol13

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When the quantity demanded exceeds the quantity supplied, this makes room for a shortage of goods in the market a day and excess demand. Because of this, the price of existing products increase as a lesser number of goods has to be distributed among many people.

When such scenarios happen, the government can take actions such as importing goods from abroad.

Explanation:

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