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Alinara [238K]
3 years ago
15

Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe

that there​ aren't any jobs available. You would be counted as A. underemployed. B. unemployed. C. a discouraged worker. D. part of the labor force. Which of the following is the correct formula for calculating the unemployment​ rate? A. StartFraction Labor force Over Working minus age population EndFraction times 100 B. StartFraction Number of unemployed Over Labor force EndFraction times 100 C. Both of the formulas are used to calculate the unemployment rate. D. Neither formula is used to calculate the unemployment rate. Click to select your answer.
Business
1 answer:
My name is Ann [436]3 years ago
7 0

Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there​ aren't any jobs available. You would be counted as<u>  </u> <u>discouraged worke</u>r

Explanation:

<u>Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there​ aren't any jobs available. You would be counted as</u>

A <u>discouraged worke</u>r is an individual who has given up looking for employment even though they are perfectly eligible to take up a job but to the repeated failure in finding a job  they have then ceased their search for finding an employment.

Discouraged workers have stopped looking for employment opportunities because they feel that their is no job that suits their qualifications

Since they have stopped searching they are not included in the labor force hence when we see the statistics for unemployment these people are not included there also .So they are called <u>Discouraged Workers</u>

<u> The correct formula for calculating the unemployment​ rate</u>

<u>(</u>

<u> D) Neither formula is used to calculate the unemployment rate</u>

The formula for Unemployment rate is

==> U=Unemployed People/Labor force*100

<u></u>

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Damon Industries manufactures 20,000 components per year. The manufacturing cost of the components was determined as follows:
Shkiper50 [21]

Answer:

d. a $10,000 decrease.

Explanation:

The computation of the impact on the income is given below:

In case of making the product

= Direct material + direct labor + variable manufacturing overhead  + rented

= $100,000 + $160,000 + $60,000 + $10,000

= $330,000

And, in case of buying the product

= 20,000 × $17

= $340,000

So there is a decrease of $10,000

8 0
3 years ago
Vacation Destinations offers its employees the option of contributing up to 7% of their salaries to a voluntary retirement plan,
aliina [53]

Answer:

Follows are the solution to the given points:

Explanation:

For question 1:

Exp on the Debit Salary = $ 1,500,000

Credit payable Income tax = $375,000

Credit accounts payable (pension plan)= $63,000

Credit  payable tax on FICA= $114,750

Credit  payable salary (Balance) $947,250

For question 2:

Exp = $100,500 for Debit Wages

Cr.=   $31,500 (Surgical Insurance) Payable accounts

Cr. =  $6,000 in insurance accounts payable

Cr. = $63,000  Payable Accounts (Pension plan) 

For question 3:

EXP= $207,750  for Debit Payroll Tax

Cr. =  $114,750 for FICA payable tax

Cr.  =$93000 for Federal and State (Unemployment tax)

FICA TAX = \$1500,000 \times  \frac{(6.2+1.45)}{100} = \$ 114,750\\

Tax on state or federal unemployment =\$ 1500,000 \times  6.2 \% = \$ 93,000\\

5 0
3 years ago
Multimarket competition occurs when firms: a. compete against each other in several geographic or product markets. b. sell diffe
Pie

Answer:

A. compete against each other in several geographic or product markets.

Explanation:

Different geographic or product markets often possess different challenges for producers to sell their product. This happen because different cultutres, climate, and social conditions tend to create different needs for the customers.

This is why business experts refers to it as 'multi-market competition'. Even though these companies sell similar product, they require different approach/strategies in order to win over different customers in these markets.

Example for this would be Pepsi and coca cola. They sell similar products world wide, not just in united states. Their competition require them to learn the cultures and customers characteristics from different countries as their target market.

`

4 0
3 years ago
State a comparison of
Korvikt [17]

Answer:

Ice, liquid water, and water vapor differ in the arrangement and motion of water molecules

Explanation:

3 0
2 years ago
Rufus Inc. and Hardy Company are negotiating a nontaxable exchange of business properties. Rufus’s property has a $50,000 tax ba
Norma-Jean [14]

Answer:

Which party to the exchange must pay boot to make the exchange work?

  • Rufus must pay boot since the FMV of its property is less than the FMV of Hardy's property.

How much boot must be paid?

  • $90,000 - $77,500 = $12,500

Assuming the boot payment is made, how much gain or loss will Rufus realize and recognize on the exchange, and what tax basis will Rufus take in the property acquired?

  • Rufus doesn't have any gain, and the tax basis for the new asset will be $50,000 + $12,500 = $62,500

Assuming the boot payment is made, how much gain or loss will Hardy realize and recognize on the exchange and what tax basis will Hardy take in the property acquired?

  • Since Hardy's property basis is $60,000 and it would be receiving $50,000 (Rufus's property) + $12,500 = $62,500, then it must recognize a $2,500 gain. The basis of Hardy's new property will be $62,500.
8 0
3 years ago
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