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3 years ago

Suppose the civilian non-institutionalized working age population is 35.9 million in Laborland.

Business

1 answer:

DanielleElmas [232]3 years ago

8 0

Answer: a. 24.05 million

b. 66.99%

c. 4.62 million

d. 19.21%

Explanation:

a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.

= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks

= 4.9 million + 14.53 million + 2.90 million + 1.72 million

= 24.05 million

b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula = $\frac{total labor force}{non-institutionalized working age population}$ X 100

Laborland's labor force participation rate (%) = $\frac{24.05 million }{35.9 million }$ X 100

= 66.99%

c. Unemployed People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.

= 2.90 million + 1.72 million

= 4.62 million

d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.

Unemployment rate = $\frac{unemployed}{labor force}$ x 100

= $\frac{4.62 million}{ 24.05 million}$ x 100

=19.21%

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2 years ago

A Metro City ordinance imposes a jail term, without a trial, on all vendors who operate in certain areas. A court would likely r

Alex Ar [27]

Answer:

C) due process.

Explanation:

The 5th Amendment of the US Constitution states that no individual may be deprived of life, liberty or property without due process of law.

All government levels (federal, state or local) must respect the rights of the individuals that live in them. Due process helps to protect individuals from abuses committed by government authorities.

In this case, no one can be sent to jail without a trial being held. An individual can be arrested, but for a limited time and until a trial is held.

8 0

3 years ago

An advantage of __________ is that they allow real-time merchandising; products and features can be added or removed as needed,

alexgriva [62]

A benefit of digital catalogs is that they allow real-time merchandising. Other advantages are they eliminate the costs of printing and mailing, they offer an almost unlimited merchandise, they offer a wider assortment of presentation formats. The internet and digital marketing have created this to match the need of consumers.

8 0

3 years ago

Medicare covers the cost of care in what countries besides the united states

grin007 [14]

Medicare coverage outside the United States is limited. mostly, Medicare won’t pay for health care or supplies you get outside the U.S. The term “outside the U.S.” means anywhere other than the 50 states of the U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa, and the Northern Mariana Islands, Virgin Islands.

3 0

3 years ago

A teacher instituted a new reading program at school. after 10 weeks in the program, it was found that the mean reading speed o

Bess [88]

Answer:

0.0139

Explanation:

Given that:

The number of sample (n) = 21

The sample distribution has mean (μ) and a standard deviation of σ/√n

The z score is given as (x - mean)/ standard deviation

x = 94.8 wpm, let us assume that σ = 10 and μ = 90

Therefore: z = (x - μ) / (σ/√n) = (94.8 - 90) / (10/√21) = 2.2

To calculate the probability using Z table:

P(X>94.8) = P(Z>94.8) = 1 - P(Z<94.8) = 1 - 0.9861 = 0.0139

The probability is low that is less than 0.05, the program is more effective than the old one.

5 0

2 years ago

Read 2 more answers