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2 years ago

What is one reason why the overall unemployment rate understates the actual employment situation?

Business

1 answer:

MissTica2 years ago

5 0

Answer:

It does not consider all the unemployed people.

Explanation:

The unemployment rate is a percent expression of the jobless labor force in an economy. In calculating the unemployment rate, the bureau of labor statistics considers only the unemployed people who have been actively seeking work in the past four weeks.

Due to this reason, the unemployment rate does not include all the jobless people in the country. Unemployed individuals who have lost hope of finding work, and those who did seek employment get excluded. Those engaged in other chores like caring for the sick or the elderly are also not considered.

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To join an upscale country club, an individual must first purchase a membership bond for $20,000. In addition, monthly member

OverLord2011 [107]

Answer: $61,697.90

Explanation:

GIVEN the following ;

Membership bond = $20,000

Monthly membership due= $250

Annual percentage rate(APR) = 6% = 0.06

monthly rate (r) = 0.06 ÷ 12 = 0.005

Payment per period(P) = $250

Using the formula for present value of ordinary annuity:

PRESENT VALUE (PV) =

P[(1 - ((1 + r)^(-n)) ÷ r]

$250 [ 1 - ((1 + 0.005)^-360))÷0.005]

$250 [( 1 - (1.005)^-360)÷ 0.005]

$250 × [0.83395807196 ÷ 0.005]

$250 × 166.791614392335

PV = $41,697.90

Membership bond + present value

$20,000 + $41,697.90

= $61,697.90

8 0

3 years ago

a woman who was born and raised in a poor family becomes a regional supervisor for bank of america. she has experienced

Damm [24]

According to the functionalist theory, stratification is essential and unavoidable because it is required to persuade those who possess the requisite knowledge and abilities to choose jobs that are crucial to society.

According to the conflict theory, society is a dynamic system that is always undergoing change as a result of struggle for limited resources.

Max Weber, a German sociologist, devised the three-component theory of stratification, also referred to as Weberian stratification or the three class system, which used class, position, and party as different ideal types.

What is the pariah group? Meaning of Max Weber

19 (3): 313–318 History and Theory (1980) Abstract. In the scientific study of Judaism, the term "pariah" was first used by Max Weber, who described it as the voluntary separation of a people's religion and morals from their host society.

Learn more about functionalist theory here:

brainly.com/question/27181875

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4 0

1 year ago

assume that monty completed the office and warehouse building on december 31, 2020, as planned at a total cost of $7,280,000, an

Eva8 [605]

Answer:

AI = $1,424,864

Hence, the avoidable interest for the Monty's project is $1,424,864.

Explanation:

Note: This question is incomplete and lacks necessary data to answer this question. But I have found similar question on the internet and will be using its data in this question to answer for the sack of concept and understanding. Thank you!

Data Given:

Total Cost = $7,280,000

Weighted-Average amount = $5,040,000

We need to compute the avoidable interest on this project.

Data Missing:

Construction loan amount = $2,800,000

Construction loan Interest Rate = 12%

Construction loan Time period = Semi-Annually.

Construction loan Issued = 31 Dec, 2019

Short-term loan amount = $1,960,000

Short-term loan interest 10%

Short-term loan Time period = Monthly payable

Short-term loan Maturity period = 30 May, 2021

Long-term loan amount = $1,400,000

Long-term loan interest rate = 11%

Long-term loan Time period = Annually on 1st January

Long-term loan Principal Payable = 1 Jan, 2024

Solution:

Now, this question is complete and can be solved.

First of all, we need to calculate the general borrowings in construction of the building.

Let X be the general borrowings in construction of the building.

Let Y be Weighted average

Let Z be the Construction for whole year

Where, Y = $5,040,000

Z = $2,800,000

So,

X = Y - Z

X = $5,040,000 - $2,800,000

X = $2,240,000 (This is the general borrowings)

Now, we have to calculate the weighted average interest rate in order to calculate the avoidable interest on this project.

Weighted average interest rate = (Short term loan interest rate x short term loan amount divided by Sum of total loan including short and long) + (long term load interest rate x long term loan amount divided by the sum of total loan)

Let A be the Weighted average interest rate.

So,

A = (10 * $1,960,000/($1,960,000 + $1,400,0000) + ($11% * $1,400,000/($1,960,000 + $1,400,0000) )

A = 48.61%

Now, we just have to put in the values to find out the avoidable interest.

Let Avoidable interest = AI

AI = ($2,800,000 x 0.12) + ($2,240,000 x 0.4861)

AI = $1,424,864

Hence, the avoidable interest for the Monty's project is $1,424,864.

7 0

3 years ago

On June 1, 2021, Dirty Harry Co. borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $510,000 a

Tomtit [17]

Answer: $503,200

Explanation:

Carrying value of note = Face value of note - Interest remaining

Interest remaining = Face value * Periodic interest rate * Number of months remaining / Total number of months for note

= 510,000 * 8%/2 * 2 / 6 months

= $6,800

Carrying value of note = 510,000 - 6,800

= $503,200

<em>Note: Note is for 6 months so periodic interest was divided by 2 to make it a semi-annual rate.</em>

4 0

2 years ago

Nell brown's husband died in 2018. nell did not remarry, and continued to maintain a home for herself and her dependent infant c

IgorC [24]

Head of household is Nell's filing status

7 0

3 years ago