If 99 million people are working and 1 million are unemployed but actively seeking work, then the unemployment rate is ________.

1 answer:

3 0

I believe it's 1% because the formula to find unemployment rate is number of unemployed, divided by labor force which is both employed and unemployed, so 1 million divided by 100 million = 0.01

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Why is a consumer likely to be worse off when a product that he or she consumes is rationed?

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When the price of the good is fixed at a level below the current (equilibrium) price, there will be a shortage of the good and the good will have to be effectively rationed. As in the question above, the consumer is worse off because she is not able to attain her utility maximizing point.

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2 years ago

suppose that lenders want to receive a real rate of interest of 5%, and that they expect inflation to remain steady at 3% in the

HACTEHA [7]

The interest rate is 7%.

Solution:

The real rate of interest is always above the nominal interest rate when inflation is positive. In this case, we are told inflation is 3%. Since the real rate of return is the nominal interest rate minus inflation, we need a nominal interest rate of 5%+3%=8% to get a real interest rate of 5%.

To calculate the real interest rate subtract the inflation rate from the nominal interest rate. Mathematically it looks like this The real interest rate is the nominal interest rate minus the inflation rate. Creeping inflation is a type of inflation in which the price level rises steadily at a moderate rate over an extended period of time.

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Commissions charged on the trading of stock are

gtnhenbr [62]

Answer:

D. Charged on the buying and selling of stock.

Explanation:

Trade is defined as the action of buying and selling goods and services. And a trade commission is payed whenever an action is being traded, whether it is on the sale or on the buying.

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Answer:

Competition and consumer trends

Explanation:

The Hays company makes a variety of products including sodas like cola, diet-cola, orange soda. Initially it had less competition, but more companies have entered the market.

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Answer:

At year-end, companies that utilize accrual-based accounting systems complete the measurement process through posting of adjusting entries

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