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BlackZzzverrR [31]
3 years ago
11

Suppose the working-age population of a fictional economy falls into the following categories: 60 have full-time employment; 20

have part-time employment; 20 do not have employment, but are actively looking for employment; and 10 people are not employed and are not actively looking for employment. {Show all the steps including the relevant formulae & proper units}
(1) What is the size of Labor force
(2) What is the Unemployment rate
Business
1 answer:
iogann1982 [59]3 years ago
5 0

Answer:

1) What is the size of Labor force

?

60 people are full time employed + 20 people who are part-time employed + 20 people who are unemployed = 100 people

2) What is the Unemployment rate?

20 people who are unemployed / 100 people = 0.2 or 20%

the unemployment rate includes only those people who do not have a job but are willing and able to work, and are currently looking for one.

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A lifelong learner is committed to ________.
natulia [17]

Answer:

c. Both theoretical and applied learning

Explanation:

Throughout life, students learn the theories at college and university so they are adept at applying them in the real world. For example, a college student learns mathematical theories to use them in everyday life. As an adult, a student chooses a college degree in which he or she will specialize. Then he will learn the theories to use them in his working life. For example, a student learns economic theories at university and applies them later in his job as an economist.

5 0
3 years ago
Read 2 more answers
Navigator sells GPS trackers for $50 each. It expects sales of 5,000 units in quarter 1 and a 5% increase each subsequent quarte
dlinn [17]

Answer and Explanation:

The Preparation of the sales budget and the computation of the amount of total sales revenue for the year is shown below:-

<u>Sales Budget  For Year 1   </u>

Quarter     Number of   Sale price (B)     Sales Revenue

                 Units (A)                                   (A) × (B)

1                      5,000              $50              $250,000

2                      5,250             $50              $262,500

(5,000 × 105%)

3                     5,513                $50             $275,650

(5,250 × 105%)  

4                   5,789                 $50           $289,450

(5,513 × 105%)

Total                                                        $1,077,600

5 0
3 years ago
the present value of a future sum decreases as either the discount rate or the number of periods per year increases, other thing
Katena32 [7]

The statement is true. The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant.

Future cash flows are reduced by the discount rate, so the higher the cut price fee the lower the existing fee of the destiny coins flows. A lower discount rate leads to a higher present value. As this implies, whilst the discount price is better, cash in the future will be worth less than it's far nowadays.

Preserving other factors steady, as the interest price will increase, the present cost of an quantity to be received at the end of a fixed duration decreases. This means at a higher hobby price the present value of a future cash float falls. Decrease the prevailing price is. inversely related. growing the discount price decreases the present price and vise versa. Future value of that investment.

The prevailing value of a destiny lump sum decreases as the discount fee used decreases, All else held constant. the present cost and discount rate are inversely associated. If the destiny cost and the range of periods are held steady the prevailing price will lower as the cut price rate increases.

Learn more about The present value here:-

brainly.com/question/12736329

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4 0
2 years ago
6. In 1883, ____________ divided the nation into the four time zones still used today. a. the major railroad companies b. the fe
Ronch [10]

Answer: the major railroad companies

Explanation: In 1883, the major railroad companies in USA divided the time zone into four parts to simplify the time differences among them as well as for internal operations.

This was initiated at the industrial era and is still followed by the rail road companies in USA. The grouping of zones was important because of the large size of USA.

Hence, we can conclude that Option A is correct.

6 0
3 years ago
Do you think a luxury brand can ever be called good value? Explain your answer
zlopas [31]
I do believe luxurious brands are very picky with there titles
6 0
3 years ago
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