1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
My name is Ann [436]
11 months ago
7

if 14.6 million people are unemployed, 155.5 million people are employed, and 7.9 million people are institutionalized, what is

the unemployment rate?
Business
1 answer:
sdas [7]11 months ago
8 0

If 14.6 million people are unemployed, 155.5 million people are employed, and 7.9 million people are institutionalized, the unemployment rate is 8.6%

Unemployment rate =( number of unemployed person *100)/number of employed person

here

The number of unemployed person=14.6

The number of employed person=155.5

Unemployment rate =(14.6*100)/155.5

Unemployment rate =1460/155.5

Unemployment rate =8.58

so approximately Unemployment rate  is 8.6%

  • The proportion of the labor force that is unemployed is known as the unemployment rate. It is a lagging indicator, which means that 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. It is predicted to decline when the economy is expanding healthily and there are plenty of employment available.

Learn more about Unemployment rate, here

brainly.com/question/17255561

#SPJ4

You might be interested in
Laura is a gourmet chef who runs a small catering business in a competitive industry. Laura specializes in making wedding cakes.
Tanya [424]

Answer:

The correct answer is option a.

Explanation:

The monthly total revenue is $5,000.

The marginal cost of producing 19th, 20th and 21st unit is $200.

Laura will earn profit if the price is able to cover marginal cost.

Total revenue is the product of price and quantity.

Price of cake when Laura produces 19 units

= \frac{TR}{Q}

= \frac{5,000}{19}

= $263.15

Price of cake when Laura produces 20 units

= \frac{TR}{Q}

= \frac{5,000}{20}

= $250

Price of cake when Laura produces 21 units

= \frac{TR}{Q}

= \frac{5,000}{19}

= $238.09

So we see that the price is able to cover marginal cost till 21st units, so Laura should produce more than 20 units and go on producing till price becomes equal to marginal cost.

4 0
3 years ago
Why does actual group productivity never equal potential productivity?
Rama09 [41]

The answer to the question is (C) time is lost to coordinating and organizing group members.

Actual group productivity is never quite equal to the expected productivity mainly because there are other processes involved in the team that the team members must do in order to reach the set common goal. Some of these processes usually include determining how to do the work and distributing the assignments to the right person, as well as setting the roles in the team.

4 0
2 years ago
Comparative advantage A. is unlikely to​ change, once it has been defined. B. may change as time passes and circumstances change
Alona [7]

Answer:

The correct answer is B. may change as time passes and circumstances

Explanation:

The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.

8 0
3 years ago
Cash flows from __________ activities are the cash flows from transactions that affect the net income of a company.
neonofarm [45]

Answer: Operating

Explanation:

5 0
2 years ago
What is an incentive
Anit [1.1K]
A thing that motivates or encourages someone to do something
4 0
3 years ago
Read 2 more answers
Other questions:
  • The future value of a lump sum of $500 invested today at a constant annual interest rate of 2.5% would be worth how much in 8 ye
    12·2 answers
  • &&&
    15·2 answers
  • Prepare journal entries to record each of the following four separate issuances of stock.
    6·1 answer
  • #. When you gave your friend a fifty-dollar bill for an iPod, you used money as.....A. a standard /B. store of value/ C. medium
    12·2 answers
  • A portfolio manager generates a 10% rate of return on a "small cap" portfolio, compared to an 8% rate of return on the benchmark
    5·1 answer
  • The decisions concerning an organization's goals and future plans are called a. tactical decisions. b. strategic decisions. c. o
    9·1 answer
  • When partners own different portions of the business, the terms should be stated clearly in what document?
    6·2 answers
  • Benefits for organizations that successfully implement supplier relationship management can include
    11·1 answer
  • If Morgan worked 15 hours last week and is paid $10 per hour the amount
    10·1 answer
  • References are typically included on a résumé. please select the best answer from the choices provided t f
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!