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Zina [86]
3 years ago
7

8. Use the data below to answer the following question. Population 60 million Number in the labor force 50 million Number employ

ed full time 38 million Number employed part time 10 million Number unemployed 2 million What is the unemployment rate of the economy?
Mathematics
1 answer:
vlabodo [156]3 years ago
7 0

Answer:

4%

Step-by-step explanation:

The unemployment rate is calculated by dividing the number of unemployed(2 million) by the labor force (50million) and multiplying the result by 100.

Labor force is the total number of unemployed and employed persons in a country. In this case, we have:

Labor force= No. of unemployed (in million) + No. of full time employed (in million) + No. of part time employed (in million) = 2 + 38 + 10 = 50 million

Unemployment rate= 2/50 × 100 = 4%

Therefore, the rate of unemployment is 4%.

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What is the best estimate for the length of a baseball bat?​
vredina [299]

Answer:

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Step-by-step explanation:

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PLEASE HELP!! 10 POINTS
kenny6666 [7]

Check the picture below.

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3 0
3 years ago
During march, a firm expects its total sales to be $151,000, its total variable costs to be $94,100, and its total fixed costs t
soldier1979 [14.2K]

Answer:

$56,900

Step-by-step explanation:

Given that:

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The contribution margin for March can be obtained using the relation :

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($151,000 - $94,100)

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2 years ago
In the diagram below of triangle FGH, J is a midpoint of FG and K is a midpoint
spayn [35]

Answer:

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Step-by-step explanation:

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