Answer:
5.06%
Explanation:
Given that,
Working-age population = 400 million
Workers employed = 300 million
Workers unemployed = 16 million
workers are not available for work = 64 million
workers are available for work but are discouraged = 12 million
workers are available for work but are not currently seeking work due to transportation = 8 million
Total labor force = Workers employed + Workers unemployed
= 300 million + 16 million
= 316 million
= 5.06%
<span>A person's debt ratio shows the relationship between debt and net worth. The lower the ratio the better off the person is financially. </span>
When you are in good financial standing, if it necessary to have a low debt ratio. The debt ratio is how much debt to income or net worth someone has. When you have a low debt ratio you are often approved for larger loans and can sustain financial freedom more easily.
Answer: should be protected due to the fact that their account is insured by FDIC.
Explanation:
From the question, we are informed that after Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy but that the Bigbux was an FDIC member bank.
Based on the above scenario, Xavier and Alyssa should be protected due to the fact that their account is insured by FDIC. Since the bank is insured, their money is safe.
