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Strike441 [17]
2 years ago
8

If people in the military aren't included in the labor force, does the unemployment rate become a better or worse indicator of t

he state of the economy?
Business
1 answer:
Alex777 [14]2 years ago
6 0

The unemployment rate is not significantly affected if members of the military are excluded from the labor market because they make up one-tenth of the labor force, hence there are little to no changes in the unemployment rate indicator in economy . The proportion of the labor force that is unemployed is known as the unemployment rate.

It is a lagging indicator, which means that the instead of rising or falling in advance of shifting economic conditions, it typically does so in response to them. The unemployment rate is likely to increase when there are few jobs available and the economy is struggling.

To learn more about economy, click here.

brainly.com/question/2421251

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On March 17, Jackal Lumber sold building materials to Fredo Limited for $15,000 with terms of 3/10, net 20. What amount did Jack
Brrunno [24]

Answer:

$15,0000 is recorded as revenue

Explanation:

The amount of $15,000 is recorded as revenue immediately the sale is made on March 17. The Discount allowed of $300 (2%).

"3/10, Net 20" means Fredo will enjoy 2% discount if he pays within 10 days or pays in full within 20 days. The amount recorded in revenue will not change regardless of which option he chooses.

8 0
3 years ago
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The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The
Furkat [3]

The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:

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<h3>The Profit per unit for base-case:</h3>

45 - 1 1- 24 - 3 = $7

<h3>Profit per unit for worst case:</h3>

45 - 12 - 25 - 3 = $3 per unit

<h3>Profit per unit for best case:</h3>

45 - 10 - 20 - 3 = 12$ per unit

b. The mean profit per unit is given as $7.05

c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.

It can also create different scenarios for possible resources.

d. The probability of the fact that the profit per unit woul  be less than 5 is 9%

Read more on risk analysis here: brainly.com/question/6955504

5 0
2 years ago
Which product is an example of a consumer good?
Amanda [17]

The correct alternative is the letter D. Gallon of milk to use in a bowl of cereal, this being the product that is an example of a consumer good.

<h3 /><h3>What is a consumer good?</h3>

Corresponds to a product used by the final consumer, that is, individuals or families for the immediate satisfaction of a need, such as food, personal hygiene and cleaning products.

Therefore, an individual's income will always have a part destined for consumer goods, which are essential for their health and quality of life.

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1 year ago
What is the major advantage of processing information automatically?
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3 years ago
1-Started business with Cash OMR 100000
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