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bazaltina [42]
2 years ago
12

A nation has a population of 260 million people. of these, 60 million are retired, in the military, institutionalized, or under

16 years old. there are 188 million who are employed and 12 million who are unemployed. what is the unemployment rate?
Business
1 answer:
REY [17]2 years ago
3 0
The equation for the unemployment rate takes into account only those are within the labor force. Out of the given population of 260 million people, only 200 million of these are within the labor force. This already excludes those who are retired and others.

The unemployment rate is therefore calculated as shown below,

    UR = (12 million / 200 million) x 100%

Simplifying,

    UR = 6%

Thus, the unemployment rate is equal to 6%. 
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3 years ago
A company can expect to receive which benefits when it uses a budgeting​ process?
yaroslaw [1]

Available Options:

a) The budget helps motivate employees to achieve sales growth and cost-reduction goals.

b) The budget provides managers with a benchmark against which to compare actual results for performance evaluation.

c) The planning required to develop the budget helps managers foresee and avoid potential problems before they occur.

d) All of the above.

Answer:

Option D. All of the above.

Explanation:

The reason is that when budgets are set every personnel in the organization is given a task along with the restriction on the use of excessive resources of the company by generating a standard number of output, which is benefitial to the company and the managers as well.

Furthermore, standard costs are used in budgeting to estimate the costs of the operations of the company which means that the standard cost would be used for actual units to compare the actual results to make meaningful conclusions.

At the end, the main benefit of the budgeting is that it highlights the potential issues in the operating systems of the organization which must be corrected to avoid the same advers outcome in the future.

So all of the statements are correct.

5 0
3 years ago
What is round to the nearest 10.000?​
liraira [26]
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7 0
3 years ago
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They will have an Exogamous marriage.

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3 0
2 years ago
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