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3 years ago

Which is an example of an economic factor that affects the business environment

1 answer:

5 0

Here are a couple of things hope they help

1.) Interest rates
2.) Taxes Inflation
3.) Currency
4.) exchange rates
5.) Consumer discretionary income
6.) Savings rates
7.) Consumer confidence levels
8.) Unemployment rate
9.) Recession
10.) Depression

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If the number of unemployed persons in a country equals 24 million, the number of employed persons equals 8 million, and the num

antiseptic1488 [7]

Full Question:

If the number of unemployed persons in a country equals 24 million, the number of employed persons equals 8 million, and the number of persons over age 16 in the population equals 40 million, the unemployment rate equals:

a. 18%

b. 25%

c. 32%

d. 75%

Answer:

The correct answer is D) 75%

Explanation:

Step 1:

The formula for unemployment rate is:

Unemployment Rate = (Number of Unemployed Persons / Labor Force) x 100

The labor force is the sum of unemployed and employed persons. By dividing the number of individuals whom are unemployed by labor force, you'll find the labor force participation, or unemployment rate.

Step 2

Therefore:

The labor force is arrived at by adding:

24 Million and 8 Million.

(24,000,000 + 8,000,000) = 32 Million

Step 3:

If number of unemployed persons is given as 24 Million, therefore

Unemployment rate = (24,000,000/32,000,000) x 100

Unemployment rate = 75%

Cheers!

8 0

3 years ago

6. Say whether the following words are (just) vague, (just) ambiguous, both vague and ambiguous, or neither. Briefly justify you

Nadya [2.5K]

Answer:

When something is vague, it is not being specific but when something is ambiguous, it has multiple meanings and so can be open to interpretation.

a. Middle class ⇒ Both VAGUE and AMBIGUOUS

Middle class is non specific because it is used as a blanket term for people or things not in either first or lower class. It also has multiple meanings.

b. Odd number ⇒ NEITHER

c. Gold ⇒ AMBIGUOUS

Gold has several meanings such as being a mineral, medium of exchange or even a color.

d. Bank ⇒ AMBIGUOUS

Bank also has different meanings. It could be a financial institution, land next to water or even a repository for blood.

e. Opportunity ⇒ VAGUE

Opportunity is vague unless the opportunity is described.

f. Jaguar ⇒ AMBIGUOUS

Jaguar has multiple means. It could be a animal or it could be a car.

g. Credit ⇒ AMBIGUOUS

Credit has several meaning as well. It could refer to loans, financial entry, increase in bank account etc.

8 0

3 years ago

Trevor is watching a late night TV show when a low-budget commercial for a local restaurant comes on air. He is affronted by the

tangare [24]

Answer: Peripheral route.

Explanation:

Persuasion is the ability to convince one or more people about something, to think in a certain way, or to do something in particular.

The persuasion follows two routes; the central route, and the peripheral route:

The central route of persuasion occurs when the person is persuaded by the message received.
The peripheral route of persuasion occurs when the person is persuaded by something different than the message, such as how the message is presented.

In this case, Trevor was guided by what he saw to decide, so he followed the peripheral route of persuasion.

I hope this information can help you.

5 0

3 years ago

The basic purpose of imposing legal reserve requirements on commercial banks is to: A. Assure the liquidity of commercial banks

Aliun [14]

Answer:

Provide a device through which the credit-creating activities of banks can be controlled

Explanation:

The legal reserve requirement is the minimum amount mandated by Central banks for banks to have as their minimum reserves.

The legal reserve requirement is used by the government as a means to control the supply of money in the economy.

If the central bank wants to reduce money supply, it increases the legal reserve requirement and if it wants to increase money supply, it reduces the legal reserve requirement.

A high reserve requirement reduces the amount that banks can make available for loans.

I hope my answer helps you

5 0

2 years ago

Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $5

mash [69]

Answer:

PV= $37,204.70

Explanation:

Giving the following information:

Interest rate= 6% compounded semiannually= 0.03

Future value= $50,000

Number of periods= 5*2= 10

To calculate the initial investment to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

PV= 50,000/(1.03^10)

PV= $37,204.70

8 0

3 years ago