Answer: a. 24.05 million
b. 66.99%
c. 4.62 million
d. 19.21%
Explanation:
a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.
= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks
= 4.9 million + 14.53 million + 2.90 million + 1.72 million
= 24.05 million
b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula = 
X 100
Laborland's labor force participation rate (%) = 
X 100
= 66.99%
c. Unemployed People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.
= 2.90 million + 1.72 million
= 4.62 million
d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.
Unemployment rate = 
x 100
= 
x 100
=19.21%
Answer:
The options for this question are the following:
1--prescriptive role
2--predictive role
3--descriptive role
4--diagnostic role
The correct answer is 2. Predictive Role.
Explanation:
Predictive marketing is nothing more than a method that relies on Big Data to extract relevant data (in real time) about user behavior, in a way that allows you to define behavior patterns and anticipate user needs or to the next actions that they are going to take. From this analysis, a marketing strategy is designed according to the needs of that target that we have identified, for example, showing them an advertisement according to their tastes, showing them articles or products that complement other products that they already have.
Answer:
Adults= 239.75 million.
Explanation:
Giving the following information:
In 2011, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 139.93 million were employed, 13.43 million were unemployed, and 86.39 million were not in the labor force.
Adults= 139.93 + 13.43 + 86.39= 239.75 million.
Answer:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop.
3. Public goods: a freeway is available for all to use.
4. Positive externality: public education in the United States results in benefits for others around the world.
Explanation:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased. A negative externality arises when the production or consumption of a finished product or service has negative impact (cost) on a third party.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop. A dollar vote describes how the consumer's purchasing power influences the type (quantity) of goods to be produced and supplied to the market.
3. Public goods: a freeway is available for all to use. It refers to any goods that is accessible and available to the general public at all times without an additional fee, charges or cost.
4. Positive externality: public education in the United States results in benefits for others around the world. A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.
<span>If Americans decides to save less, then they will not keep the money in the bank account. They will rather spend it. This will leads to deficit in the deposits of banks and as a result bank will have less lending capacity. This reduction in lending will make it difficult for businesses to get loans which will impact their production levels and hence productivity as a whole will be reduced. Therefore, reduction in saving leads to reduction in productivity.</span>
