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riadik2000 [5.3K]
3 years ago
10

Suppose that the adult population in the town of Springfield is 225 million. If 40 million are unemployed and 100 million are em

ployed, then the unemployment rate is approximately.a) 29%b) 18%c) 24%d) 6%
Business
1 answer:
amid [387]3 years ago
5 0

Answer:

a) 29%

Explanation:

The formula to compute the unemployment rate is shown below:

Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100

where,

Number of unemployed = 40 million

Total labor force = Number of unemployed + number of employed

                            = 40 million + 100 million

So, the unemployment rate would be

= (40 million) ÷ (140 million) × 100

= 29%

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A _____ chart shows individual figures at a specific time, or shows variations between components but not in relation to the who
Yanka [14]

Answer:

Bar chart

Explanation:

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rectangular bars, where the height of the rectangular bars will equal to the data values they are representing. This bars could be horizontally or vertically plotted. It should be noted that bar chart shows individual figures at a specific time, or shows variations between components but not in relation to the whole.

4 0
3 years ago
Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to cons
MissTica

Answer:

$140

Explanation:

Calculation for What is the least amount the government can spend to overcome the $350 billion gap

First step is to find the Multiplier using this formula

Multiplier=1(1-Marginal propensity)

Let plug in the formula

Multiplier=1/(1-0.6)

Multiplier=1/0.4

Multiplier=2.5

Now let calculate the least amount the government can spend using this formula

Least amount=Gap/Multiplier

Let plug in the formula

Least amount=$350 billion /2.5

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Therefore the least amount the government can spend to overcome the $350 billion gap is $140

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3 years ago
Creditors are interested in the times interest earned ratio because they want to
Pavlova-9 [17]
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3 years ago
When the price of gas goes up and the demand for tires goes down, this means tires and gas are:?
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Ymorist [56]

Answer:

<u>Phenomenological</u>

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Phenomenological is the study in which we can study about the phenomena of the human as they experienced in real pr may they lived that.

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