Answer:
The answer is: The unemployment rate will increase
Explanation:
To calculate unemployment rate we use the following formula:
Unemployment Rate = Number of Unemployed People / Labor Force (unemployed + employed people)
To be considered unemployed, a person must be without a job, but actively looking for one.
The unemployment rate (UR) for Xenia would be:
UR = unemployed / (unemployed + part time workers + full time workers)
UR = 500 / 7,000 = 7.14%
Currently there are 2,000 people that are not considered unemployed since they are not working but they aren't looking for a job either. For example, if 500 of those would start looking for job and became unemployed, the new unemployment rate (UR) would be: 1000 / 7,500 = 13.33%.
So if more people start looking for a job, the unemployment rate will increase.
Answer:
$2,608.65
Explanation:
The computation of the loan amount is shown below:
But before that first we have to determine the interest which is
= Principal × rate of interest × number of days ÷ total number of days in a year
= $2,500 × 11.75% × 135 days ÷ 365 days
= $108.65
The rate of interest given is 11 
And, the 135 days is from Sept 14 to Jan 27
So, the total amount paid is
= $108.65 + $2,500
= $2,608.65
<span>I gather from the referenced paragraph that a company called Wood Pharmaceuticals was being audited.The process of auditing revealed some concerning issues to include several control deficiencies in the company's internal control which could result in adversities.I would notify the folks in charge and inform them of the steps required to resolve the issue in a timely manner.</span>
Answer:
d. ad does not change.
Explanation:
Aggregate demand is defined as the total demand for finished products that is produced by a country. It is also called effective demand
In this instance aggregate demand will be a sum of demand for both computers and fighter jets. If the government decides to spend on fighter jets instead of computers, the aggregate demand will not change since it is total demand of both proucts.
Answer:
This entry would be recorded by Young with a credit to <u>cash account</u> in the amount of <u>$1,020</u>.
Explanation:
The complete journal entry for June 29 should be
- Dr Notes Payable account 1000
- Dr Interest Expense account 20
- Cr Cash account 1020
The total interest due = $1,000 x 6% x 4/12 =$20
Notes payable is a liability account and it decreases, so it should be debited.
All expenses are debited.
Cash is an asset account and it decreases, so it should be credited.
