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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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Answer:

The correct answer is B.

Explanation:

Giving the following information:

Purchases:

40 units at $100·

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Now, we can calculate the value of ending inventory:

Inventory= $70.7*10= $707

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During the 1960s,US. firms created just over <u>65%</u> of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

<h3>What is meant by foreign direct investment?</h3>

Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.

Note that it it one where an investor that is known to  resident in one economy set up a lasting interest in and a  vital extent of influence over a firm that is found  in another economy.

Therefore, note that during the 1960s,US. firms created just over <u>65%</u> of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

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1 year ago
Miles is floating happily on a rubber raft in his swimming pool in new jersey when the raft busts and cuts his eye. his doctor s
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