population of the United States was 254.6 million. The working-age population is divided into those in the labor force (160.2 million) and those not in the labor force (94.4 million). The labor force is divided into the employed (153.2 million) and the unemployed (7.1 million). Those not in the labor force are divided into those not available for work (88.7 million) and those available for work (5.7 million). Finally, those available for work but not in the labor force are divided into discouraged workers (0.5 million) and those currently not working for other reasons (5.2 million).
Use this data to help determine which one of the following statements is true:
The unemployment rate is
7.1 million / 160.2 million×100=4.4%.
The labor force participation rate is
160.2 million /
254.6 million×100=62.9%.
N.B
Check the attachment for full question
Answer:
D. Both A and B are correct
Explanation:
The unemployment rate is 4.4%
That is unemployed/labour force = (7.1million/160.2 million ) * 100 = 4.4%
Labour force participation rate is 62.9%
That is: total labour force /total population = (160.2million/254.6million) * 100 = 62.9%
Answer:
E. identifying resources and capabilities in the company's home market.
Explanation:
Expanding into international markets gives a company access to new markets, thereby increases the number of its customers. The company will have to increase its production to cater to a large number of customers. Bulk production results in the company enjoying economies of scale.
For a company to enjoy to consider international markets, it must have already identified its capabilities in the domestic market. The reason for seeking foreign markets if to fully exploits its existing capabilities and resources. Expanding to international markets involves building on the already identified resources and abilities.
Service <span> refer to a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible.
A service does not have a physical appearance unlike any other type of product. It is created to make it easier for customers to do certain things that offered by the service.</span>
Answer:
1,700 units
Explanation:
The computation of the total of equivalent units of production using the weighted-average method is shown below:
= Number of units completed and transferred + ending work in progress equivalent units
= 1,200 units + 500 units
= 1,700 units
We simply added the completed & transferred units and ending work in progress equivalent units.
All other information which is given is not relevant. Hence, ignored it
Answer:
B. Capital market
Explanation:
A capital market is the market for buying and selling long term debts or equity . It is a market for long term borrowing and lending of capital funds. A capital market usually deals in shares, bonds, and other long-term investment. It connects investors and borrowers of long term capital.
A capital market is divided in two parts
- primary market
- secondary market
- The primary market is the market where new shares and bonds are sold by investors While the secondary market is where already existing securities are sold.