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jek_recluse [69]
4 years ago
6

Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.9 mil

lion are working part-time and 14.53 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 2.90 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 10.99 million who do not have jobs have not looked for work in the past six weeks. Round your answers to two decimal places.
1. What is the size of the total labor force?
Business
1 answer:
VikaD [51]4 years ago
3 0

Answer:

24.05 million

Explanation:

The computation of the size of the total labor force is shown below:

Size of the labor force = Number of employed people + number of unemployed people

where,

Number of employed people = Number of people working full time + number of people working part time

= 14.53 million + 4.9 million

= 19.43 million

Number of unemployed people = Less than two weeks + two and four weeks ago

= 2.90 million + 1.72 million

= 4.62 million

So, the size of the labor force is

= 19.43 million + 4.62 million

= 24.05 million

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saul85 [17]
Fraudulent is a term that best describes this submission.
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4 years ago
The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended D
Nat2105 [25]

Answer:

(a) $56,730

(b) $36,330

(c) $ 51,800

(d) $24,800

(e) $36,230

Explanation:

(a) Gross profit for the Dalmatian Division:

= Net sales - Total Cost of goods sold

= $87,000 - $30,270

= $56,730

(b) Income from operations from the Dalmatian Division:

= Gross Profit - Direct operating expenses

= $56,730 - $20,400

= $36,330

(c) Gross profit for the Beagle Division:

= Net sales - Total Cost of goods sold

= $99,000 - $47,200

= $ 51,800

(d) Income from operations from the Beagle Division:

= Gross Profit - Direct operating expenses

= $51,800 - $27,000

= $24,800

(e) Total income from operations;

= $36,330 +  $24,800

= $61,130

Earnings before interest and taxes:

= Total income from operations - General overhead

= $61,130 - $18,160

= $42,970

Earnings before taxes:

= Earnings before interest and taxes - Interest expense

= $42,970 - $2,040

= $40,930

Net income = Earnings before taxes - Income taxes

                    = $40,930 - $4,700

                    = $36,230

6 0
3 years ago
Interior Products, Inc. is evaluating the purchase of a new machine to use in its manufacturing process. The new machine would c
katrin [286]

the answer is 4 because 4 plus 1 equal 8 and 2 plus 4 equal 4

7 0
3 years ago
Select all the correct answers.
makkiz [27]

Answer:

an increase in the number of goods produced

the creation of employment opportunities

Explanation:

The GDP value communicates the rate of economic growth in a country. An increase in GDP shows the economy is growing. The GDP value is calculated by adding all the values of new goods and services produced within the country.  An increase in the value of products and services produced results in an increase in GDP, indicating economic growth.

When businesses need to offer more goods and services, they require to hire additional workers to be engaged in production activities. Economic growth means more job opportunities are created.

3 0
3 years ago
In addition to the Small Business Job Protection Act of 1996 encouraging small businesses to allow employees to enroll into a 40
Elanso [62]

Answer:

100%

Explanation:

401(k) plans are financial provisions that guarantee financial security after retirement. Prior to the Small Business Job Protection Act of 1996, these provisions were bogus and difficult to understand/comply with by businesses. The Act simplifies the requirements and allows employees to enroll in the 401(k) plans where the annual contributions testing is bypassed. Employees vest 100% of their salary. This means that they cannot forfeit all the money contributed. After retirement, they can benefit from their deferrals and profits.

6 0
3 years ago
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