Answer:
Unemployment Rate for March and April:
March unemployment rate = Unemployed/Labor Force x 100 = (102-94)/102 x 100 = 8/102 x 100 = 7.8%
April unemployment rate = (102 - 94)/102 x 100 = 8/102 x 100 = 7.8%
Explanation:
a) The unemployed equals the Labor Force minus the employed.
b) In April, the unemployed did not increase from 8 million to 9 million because of the discouraged workers. It remained the same figure as in March.
Discouraged workers are those who are unemployed but have stopped looking for employment after a long time of unemployment, but would have preferred to be working. Since they stopped actively job-hunting, they are regarded as discouraged workers. They still want to work, but are unable to find work and as a result, decide to stop looking.
Explanation:
Problem-Solving Teams is the right one hahahahahahahabaha
If JJ camera does not accommodate Meg's needs, and she is otherwise qualified for the job, JJ camera must demonstrate that the accommodations would create (a) UNDUE HARDSHIP for the company.
Undue hardship refers to an action that will lead to increase in expense or difficulty on company or the employer. It is an accommodating action. It is not necessary for an employer to accommodate an undue hardship. If the company needs to accommodate an undue hardship, it should look for some other accommodation that does not impose such hardship on the company.
Answer:
D
Explanation:
The global stage represents the understanding of the products and policies mainly to evaluate the best possible alternative for manufacturing in the home or host country. It emphasizes evaluating the most beneficial strategy to produce goods, whether domestic or global produced.
Answer:
Potential GDP is:
C. Is the maximum output firms are capable of producing.
Explanation:
Potential gross domestic product (GDP) is defined in the OECD's Economic Outlook publication as the level of output that an economy can produce at a constant inflation rate. Potential output occurs when an economy produces what it can using all of its resources. These resources include technology, equipment, natural resources, and employees. Potential output can also be looked at in terms of supply and demand.
Although an economy can temporarily produce more than its potential level of output, that comes at the cost of rising inflation.
The changes in potential GDP are caused by the increase in quantity of physical or human capital So the larger quantity of physical capital and human capital, the greater is potential GDP.
The difference between actual and potential GDP is that potential GDP is the level of production of goods and services that the economy is capable of if its workforce is fully employed and its capital stock is fully utilized. Actual GDP is the actual output of goods and services. Real potential GDP is the CBO's estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.