1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
JulsSmile [24]
3 years ago
14

Suppose the town of boone has a total population of 50,000 people. of those, 45,000 people are employed. there are 1,000 full-ti

me students who are not employed or actively seeking work. the rest of the people are out of work but have been actively seeking work within the past four weeks. instructions: in part a, round your answer to 1 decimal place. in part b, enter your answer as a whole number.
a. what is boone's unemployment rate?
Business
1 answer:
slega [8]3 years ago
3 0
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000

To calculate Boone's unemployment rate you'll use the formula: 
Unemployment rate = number of people unemployed / labor force

Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.

The labor force is made up of everyone willing and able to work.

First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)

Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000

Finally, we are able to calculate the unemployment rate of Boone. 
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
You might be interested in
Helmuth Inc's latest net income was $1,250,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its i
QveST [7]

Answer:

b. $2.50

Explanation:

Dividend paid = 45%*12,50,000

                        = $562500

dividend per share = 562500/225000

                                = $2.50

Therefore, The dividend per share should it declare is $2.50

4 0
3 years ago
For a film studio to make a profit, it has to be able to earn enough to offset expensive initial costs. a large portion of the p
slega [8]
The appropriate response is economies of scale. It alludes to the cost advantage that emerges with an expanded yield of an item. Economies of scale can emerge in a few territories inside a huge endeavor. While the advantages of this idea in ranges, for example, generation and obtaining are self-evident, economies of scale can likewise affect zones like fund.
3 0
3 years ago
The following information pertains to Sooner Company's cash balance and bank reconciliation as of August 31: Company balance bef
MAXImum [283]

Answer: The correct cash balance for Sooner Company is "(C) $7,150."

Explanation: The balance of the company before the settlement was $ 5000. The data to take into account to adjust the differences are:

Notes collected by the bank $ 2,200

Service fee $ 50

<u>Therefore: 5000 + 2200 - 50 = $7150</u>

6 0
3 years ago
Select the correct answer. Which definition refers to visual merchandising? A. the art of presenting merchandise in a creative w
WITCHER [35]

Answer:

A

Explanation:

the art of presenting merchandise in a creative way that helps the store reach out to people

(if its not a, then its d)

6 0
3 years ago
Read 2 more answers
Tony works at an auto assembly plant for a U.S. auto manufacturer. He manages a group of employees who measure the quality of pa
Pani-rosa [81]

Answer:

The correct answer is:  supply chain management.

Explanation:

Supply chain management is the cumulative network of people, entities, activities, information, and resources involved in moving raw materials, components and finished products from original suppliers to end-users. Supply chain management is crucial for most companies and can involve hundreds of links at large corporations, thus it requires considerable skill and expertise.

7 0
3 years ago
Other questions:
  • Billingsley, inc. is borrowing $60,000 for five years at an apr of 8 percent. the principal is to be repaid in equal annual paym
    9·1 answer
  • _________ payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss be
    6·1 answer
  • BD Corporation has purchased new computers to modernize the office. The increased efficiency from the computers will lead to inc
    11·1 answer
  • you are the manager of a hamburger joint with a marginal cost of $6.00 per hamburger. The hamburger joint is a local monopoly ne
    14·1 answer
  • Given no monthly adjustments were made during the year, the December 31 year-end adjusting entry to record the interest on a $10
    7·1 answer
  • The approach to ethical behavior which proposes that actions and plans should be judged by their consequences, thus producing th
    9·1 answer
  • What is the effective annual interest rate of an investment that pays 14.75% per year with a compound frequency n= 2? (Answer pe
    13·1 answer
  • What is greater 135 inches or 11 feet?
    9·2 answers
  • In the case where a broker was found guilty of license law violations and the Recovery Fund was required to pay a judgment of $8
    9·1 answer
  • Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!