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kondaur [170]
3 years ago
7

The labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work but a

ctively looking for a job (the unemployed). Calculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number of unemployed actively looking for work is 1,600. a. Labor Force: people A commonly reported labor statistic is the Labor Force Participation Rate 'LFPR':
Business
1 answer:
Pie3 years ago
6 0

Answer:

Labor force 19,300

Labor Force participation Rate: 64.33%

Explanation:

working population                                  17,700

unemployed actively looking for work <u>    1,600  </u>

Total Labor Force                                    19,300

Labor Force Participation Rate (LFPR):

It is the quotient between the Labor force and the total number of people eligible for a job

19,300/30,000 = 0.6433 = 64.33%

This will be the percentage of the population over 16 year which, are actively looking for a job or are already hired in one.

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Chuck is concerned with what he considers to be an unfair situation at work. Although he put in 10 hours of overtime last week,
Levart [38]

Answer:

b. Decrease his inputs

Explanation:

The Equity Theory explains the influence that the perception of fair treatment has on the motivation of individuals. Or, from another point of view, in its demotivation.

People tend to compare ourselves to others. With other people's situations, inside and outside work. Thus, we form a perception about what is fair or unfair.

If the result of the comparison is understood as fair, people are more likely to feel motivated. On the contrary, when they perceive that they are treated unfairly, tension and demotivation appear.

In short, when compared to others, people want to be treated fairly for their contributions to the organization. And beliefs regarding what is fair and unfair can affect their motivation, attitudes and, therefore, their behaviors at work.

6 0
2 years ago
Reggie, a resident of South Dakota, has an accident with Toby, a resident of Utah, while driving through that state. Toby files
Tanya [424]

Answer: in personam jurisdiction

Explanation: The “long-arm statute,” is a law in majority of states that explains when a court can have in personam jurisdiction over parties who do not reside in that state. Certain conditions must be met for the court to have this jurisdiction. In general, the cause of action should have occurred in the state where the case is being filed; the defendant was personally served with the court papers in the state; or the defendant has a minimum contact with the state.

In personam jurisdiction is defined as a court's jurisdiction over the parties in a lawsuit, that is, it has both the authority to rule on the law and evidences of a suit and the power to enforce its decision upon all parties to the suit.

7 0
3 years ago
What best explains why any determination of cost must go beyond counting the money involved ?​
Hitman42 [59]
A process Of maximizing benefits Or minimizing costs.
3 0
2 years ago
Read 2 more answers
Using the money demand and money supply model, an open market purchase of Treasury securities by the Federal Reserve would cause
alexandr1967 [171]

Answer:

C. decrease

Explanation:

In the case when the money demand and the money supply model is used so the open market purchase would result the interest rate of equilibrium to decrease as if there is an open market purchase so it rise the money supply due to which the supply curve of the money move shiftward

Therefore the rate of interest should be decreased

6 0
2 years ago
What is State Farm's Promise of Customer Satisfaction on recycled sheet metal?
MakcuM [25]

The State Farm's Promise of Customer Satisfaction on recycled sheet metal is for at least as long as the OEM would have warranted its new replacement part. Thus 2nd option is correct.

<h3>What is Customer satisfaction?</h3>

Customer Satisfaction refers to the fulfillment of the needs and the desire of the customer by making the product as per there requirement. It is the measurement of the how much the customer is satisfied with the product.

In the above case, the State Farm provides the services to the customer by selling the metal sheets. They had promised the customer for providing the original equipment manufactured to be replaced with the new till the life span of the metal sheets.

Thus the correct option is 2nd.

Learn more about the Customer satisfaction here:

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