A forklift accident is the most common incident.
Answer:
(c) 28.5 million
Explanation:
Calculating the labor force in the country:
the labor force is 60% of the total population.
Labor force = 60%× 50, 000 000 = 30 million.
The unemployment rate is calculated as:
n = No. of unemployed people ÷ Labor force
Given the unemployment rate is 0.05, the number of people unemployed is equal to:
0.05 = No. of unemployed people ÷ 30
Therefore, No. of unemployed people =
0.05 × 30 = 1, 500, 000
Thus, the number of employed people is equal to:
Employed people = Labor force - Unemployed people
Employed people = 30,000,000 - 1,500,000 = 2,850,000
Answer:
pay a premium price for a successful company or buy a struggling company at a bargain price
Explanation:
Here the biggest confusion with respect to the firm i.e. acquisition minded faces that whether they have to a pay a premium price for becoming a successful company or still have to struggle for purchasing a company at a bargaining price
So according to the given situation, the last option would be correct
Answer:
C) Displacement
Explanation:
Based on the information provided within the question it can be said that this scenario best illustrates the use of a defense mechanism known as Displacement. In the context of psychology, this mechanism is when negative feelings are transferred from the main source towards something that the individual is less scared of, either another person or object. Which is what is happening in this scenario as each individual takes their anger out on the person their less threatened by.
Answer:
The inflation rate is different using the two methods as the rate of inflation calculated by the CPI holds basket of goods and services constant while the GDP deflator allows it to change.
Explanation:
i. Value of market basket of the good in 2020 = ($50*2) + ($5*6) = $130
Value of market basket of the good in 2021 = ($70*2) + ($6*6) = $176
CPI in 2020 = ($130 / $130) * 100 = 100
CPI in 2021 = ($176 / $130) * 100 = 135.38
Thus, The percentage change in overall price level is = [(135.38 - 100) / 100) * 100 = 35.38%
ii. Nominal GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300
Nominal GDP in 2021 = ($70 * 21) + ($6 * 80) = $1950
Real GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300
Real GDP in 2021 = ($50 * 21) + ($5 * 80) = $1450
GDP deflator in 2020 = (Nominal GDP in 2107 / Nominal GDP in 2107) * 100 = ($1300 / $1300) * 100 = 100
GDP deflator in 2021 = (Nominal GDP in 2108 / Nominal GDP in 2108) * 100 = ($1950 / $1450) * 100 = 134.48
Thus, the percentage change in overall price level is = [(134.48 - 100) / 100) * 100 = 34.48%